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Reinsurers rated by Moody’s are entering the 2019 hurricane season with solid capital positions to withstand potential losses arising from hurricanes, according to the rating agency.   12 June 2019
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Setting up a captive could save up to 15 percent on health premiums, according to a panelist at the Bermuda Captive Conference who is looking at using a captive to fund a manufacturing company’s benefits programme.   12 June 2019
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AXIS Re, the reinsurance arm of AXIS Capital Holdings, has named Joe Sweeting as head of Lloyd’s casualty reinsurance.   12 June 2019
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Commercial auto insurance saw double digit price increases reported for the fourth consecutive quarter in Q1 2019, according to Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS).   11 June 2019
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Bermuda multi-line insurer Argus Group reported net earnings of $14.2m for the 2019 financial year, a satisfying result after the net loss of $18.6m recorded in the corresponding period in 2018.   11 June 2019
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Everest Insurance, a subsidiary of Bermuda-headquartered Everest Re Group, has expanded its retail excess casualty team with the hire of Mike Ludy as director and Erin Bouren as vice president, Western territory.   10 June 2019
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Specialty insurer Tokio Marine HCC (TMHCC), member of the Tokio Marine Group, has appointed Paul Knighton to its marine liability division as marine liability and logistics underwriter.   10 June 2019
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Athora Holding and NN Group to divide up Vivat’s insurance business   7 June 2019
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Seven severe convective storms affecting central and eastern parts of the US in May will trigger insurance industry payouts worth billions of dollars, according to Aon, the highest May tally since 2015.   7 June 2019
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Reinsurers' sentiment is increasingly positive, with underwriters “more willing to push for price increases across business lines,” according to S&P Global.   7 June 2019

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