Blue Capital Reinsurance Holdings expects catastrophe losses of $57.7 million in the third quarter of 2017, driven by the three major hurricanes which made landfall and the two earthquake in Mexico. 19 October 2017
Horseshoe Group, an insurance manager and fund administrator dedicated to both ILS and the alternative fund markets, has promoted Yulanda Francis to the position of president of Horseshoe Re. 19 October 2017
After receiving clearance from all applicable regulators - including the European Commission - AXIS Capital has completed its acquisition of Novae Group. 18 October 2017
Specialty re/insurer Argo expects a pre-tax catastrophe loss of $85-110 million in the third quarter of 2017, of which approximately $35-45 million relate to Ariel Re, acquired in the first quarter. 18 October 2017
Private equity firm Apollo Global Management has signed a definitive agreement to acquires a majority shareholding in Catalina Holdings, a Bermuda-based run-off firm. 17 October 2017
Bermuda-based Argo Group International Holdings has hired David Higley to head its newly formed US property unit and inland marine division. 16 October 2017
Hurricanes Harvey, Irma and Maria – along with Mexican earthquakes and other more minor cat events globally – are expected to incur after-tax costs of $285 million to $345 million for Bermuda-based re/insurance provider Arch Capital Group in the third quarter of 2017. 13 October 2017
