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Third Point Re has been hit by a fall of 82.8 percent in its gross written premium (GWP) in the third quarter of 2018, because of unsatisfactory underlying pricing, terms and conditions. 7 November 2018
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Argo Group International Holdings has reported net income of $40.6 million in the third quarter of 2018, a return to profit after the loss of $61.3 million that it made in the same quarter of 2017. 6 November 2018
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Sirius International Insurance Group has announced that it has completed its merger with Easterly Acquisition Corp and has become a publicly listed company, trading on the Nasdaq. 6 November 2018
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Bermuda has dominated the ILS space globally for several years, and that will not change if Greg Wojciechowski, chief executive of the Bermuda Stock Exchange, has anything to do with it. He explains to Bermuda:Re+ILS how important the ILS market is to it. 6 November 2018
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AM Best has placed under review with developing implications the financial strength rating (FSR) of A+ (Superior) and the long term issuer credit ratings of “aa-” of Renaissance Reinsurance, Renaissance Reinsurance US, RenaissanceRe Specialty US, and Renaissance Reinsurance of Europe. 5 November 2018
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Arch Worldwide Insurance Group has selected AIR Worldwide’s Touchstone as its primary modelling solution to help manage catastrophe risk. 5 November 2018
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Eleven seasoned executives debated the industry’s response to the 2017 cat losses and how the relationship between ILS and traditional reinsurers continues to mature and evolve, at the annual Bermuda:Re+ILS roundtable in association with Markel Reinsurance held at the Monte Carlo Rendez-Vous de Septembre. 5 November 2018
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The transformation of the Bermuda reinsurance market, and what it may look like in five to 10 years dominated discussions at the PwC Insurance Summit on Thursday November 1. 2 November 2018
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Sompo International Holdings has announced that it has entered into a strategic partnership with CropTrak, a provider of technology solutions for the food and agriculture markets. 2 November 2018
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Arch Capital Group is to purchase specialised risk management and insurance programs firm McNeil & Co for an undisclosed sum. 2 November 2018
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