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News
Bermuda run-off specialist Catalina Holdings has completed a $2 billion deal with Zurich Insurance – its first big deal since it raised a $700 million in October and affiliates of Apollo Global Management became its majority shareholder. 17 December 2018
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AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” of the North American property/casualty subsidiaries of Chubb. 14 December 2018
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AXIS Capital Holdings subsidiary AXIS Insurance has hired Andrew Maher as senior cyber underwriter. 14 December 2018
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California’s insurance commissioner Dave Jones has revealed that the recent wildfires in California will cause some $9 billion in insured losses, making them the deadliest and costliest wildfire catastrophes in California's history. 13 December 2018
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S&P Global Ratings has revised its outlook to stable from negative and affirmed its 'A-' long-term issuer credit and senior debt ratings on Bermuda-based AXIS Capital Holdings. 13 December 2018
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The first Bermudian edition of the International Cyber Risk Management Conference (ICRMC) was held over two days at the Hamilton Princess Hotel & Beach Club in Bermuda. 13 December 2018
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AXIS Capital Holdings president and chief executive officer (CEO) Albert Benchimol has had his contract extended until December 31, 2023. 12 December 2018
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Blue Capital Reinsurance Holdings has announced that its fourth quarter results would be impacted by an estimated $17.0 million in catastrophe losses. 12 December 2018
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Enstar Group, Allianz and investment firm Hillhouse have announced equity investment commitments in aggregate of $470 million as part of a joint venture to Enhanzed Reinsurance, a Bermuda-based Class 4 and Class E reinsurer. 12 December 2018
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Apollo Global Management's deal to buy Aspen Insurance by funds under management has received the approval of Aspen's shareholders, with the deal expected to close in the first half of 2019. 11 December 2018
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