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Enstar, the insurance holding company that owns both Starstone and Atrium, has reported consolidated net earnings of $54.7 million for the three months ended March 31, 2017, up on the $45.5 million it reported for the same period of 2016. 9 May 2017
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Maiden Holdings has reported that its net income for the first three months of 2017 came to $20.5 million, a decrease from the $27.2 million it posted for the same period of 2016 largely due to casualty losses. 9 May 2017
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Hiscox has announced that its reinsurance division Hiscox Re shrank in the first quarter of 2017 when compared to the previous year, as it noted that rates remain under great pressure in certain classes of business. 9 May 2017
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Bermuda-based Essent Group has reported that it made a profit of $66.6 million in the first three months of 2017, a rise of 38 percent on the $48 million it made in the same period of 2016. 8 May 2017
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A team of captive insurance industry experts, led by the Bermuda Business Development Agency (BDA), are heading to Vancouver and Toronto to raise awareness about the value of captives to Canadian corporations. 8 May 2017
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Markel CATCo Investment Management has announced that a number of changes to its underwriting team. 8 May 2017
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Third Point Reinsurance has reported that it had a very positive first quarter of 2017 with net income of $104.2 million. The company made a loss of $51.1 million in the same period of 2016. 5 May 2017
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Assured Guaranty has announced that net income for the first three months of 2017 came to $317 million, a substantial increase on the $59 million it reported for the same period of 2016. 5 May 2017
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The Bermuda Business Development Agency (BDA) has launched a new digital portal that it claims will target global insurance customers and connect them to Bermuda’s market for risk coverage. 5 May 2017
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PartnerRe has reported that its profits for the first quarter of 2017 were just $38 million, a fall of 82 percent on the $201 million that it reported over the same period of 2016. PartnerRe said that it had been hit by a combination of factors that had impacted its bottom line results. 4 May 2017
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