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Talbot Underwriting Services, a subsidiary of Validus Holdings, has launched a political risk insurance binding authority from its New York office. 3 August 2016
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Markel Corporation, which has offices in Bermuda, reported increase in its profits in the second quarter of 2016 due to solid underwriting results. 3 August 2016
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Argo Group has reported a sharp increase in its net income due to successful investment returns in the second quarter of 2016, however, catastrophe losses have negatively affected its combined ratio. 3 August 2016
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Blue Capital Reinsurance Holdings, headquartered in Bermuda, has reported a steep decline in its profits in the second quarter of 2016, due to higher levels of catastrophe losses worldwide. However, the company said rate decreases slowed in the mid-year renewals compared with a year before. 2 August 2016
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Watford Specialty Insurance Company (WSIC), a subsidiary of Bermuda-based Watford Re (WRL), has acquired a formerly dormant insurance company. 2 August 2016
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Endurance, domiciled in Bermuda, has encountered a significant increase in nearly all lines of business in the second quarter of 2016, boosted by its acquisition of Montpelier Re and also its underwriting portfolio expansion. Its profits remained stable. 2 August 2016
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AM Best has upgraded the financial strength rating of the Bermuda re/insurance subsidiary companies of James River Group (JRG) to A from A-. 1 August 2016
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Chubb, which was acquired by ACE earlier this year and has a significant Bermuda presence, has appointed Michael Kessler as its vice president and chief reinsurance buyer, just as the run into the January renewals season gets underway. 1 August 2016
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AXIS Insurance, the Bermuda insurance segment of AXIS Capital, has chosen John Tatum as its executive vice president and head of US programmes. 29 July 2016
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PartnerRe saw its net income increase in the second quarter of 2016, but the company still posted an operating loss due to catastrophe and weather-related events. 29 July 2016
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