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Hiscox profits slump as third year of heavy cat losses take their toll

Hiscox saw profits slump in its provisional results for 2019, with a third consecutive year of above average natural catastrophes taking its toll on the business. However, the re/insurer avoided making a loss. 2 March 2020

Life

MS Amlin names head of casualty to complete specialty reorganisation

MS Amlin has appointed Stuart Wood as head of casualty, completing the process of naming heads of its five specialty divisions. 2 March 2020

Life

Fidelis hires senior direct and facultative underwriter

Michael Davern has joined Fidelis Underwriting as a senior underwriter. 2 March 2020

News

Aspen announces dividend payments in April

Aspen Insurance Holdings will pay dividends to holders of a number of its share classes on April 1, 2020, to holders of record as of March 15, 2020. 28 February 2020

Life

Watford CEO to retire with president named as his replacement

John Rathgeber will retire as chief executive officer of Watford Holdings on March 31, 2020. 28 February 2020

News

Third Point Re back on track with healthy profits in 2019

Third Point Re put the memory of 2018 behind it by posting improved results for the full year and Q4 2019. The reinsurer was comfortably back in the realms of profitability, and made progress in its goal of bringing down its combined ratio to healthier levels. 28 February 2020

Life

Chairman of Enstar’s risk committee to step down

Sandra Boss will step down from the board of directors at Enstar Group on April 1, 2020, to pursue a full-time executive role with another company. 27 February 2020

News

Everest to pay dividend in March

Everest Re Group will pay a dividend of $1.55 per share on or before March 30, 2020. 27 February 2020

Life

Bermuda reinsurance veteran to step down from AXIS board

Michael Butt, the chairman of AXIS Capital Holdings’ board of directors, will retire from the company, effective September 16, 2020. 26 February 2020

News

BILTIR and BDA to promote Bermuda at ReFocus conference

Bermuda International Long Term Insurers and Reinsurers (BILTIR) and the Bermuda Business Development Agency (BDA) are hosting a lounge at the ReFocus conference in Las Vegas, Nevada, on March 1-4. 26 February 2020

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