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Arch Capital Group has announced a net profit of $217 million in the third quarter of 2018, a significant uptick from the net loss of $52.8 million it made in the same period of 2017. 1 November 2018
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Canopius has appointed Gabrielle Folliard as head of claims. 1 November 2018
News
Lancashire Holdings has posted a pre-tax loss of $25.3 million in the third quarter of 2018, an improvement on the pre-tax loss of 136.4 million it in the same period of 2017. 1 November 2018
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It has been a big year for Sirius Group as it plans an IPO and has ambitious growth plans. While the company’s future takes shape, Allan Waters, chief executive officer of the Group, talks to Bermuda:Re+ILS about the positive changes the industry should be celebrating. 1 November 2018
News
Bermuda-based reinsurer RenaissanceRe Holdings (RenRe) reported net income available to its common shareholders of $32.7 million in the third quarter of 2018, compared to a net loss of $504.8 million in the same period a year ago. 31 October 2018
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Bermuda-based RenaissanceRe Holdings is acquiring Tokio Millennium Re (TMR) for approximately $1.5 billion from its parent Tokio Marine Holdings. 31 October 2018
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Everest Re Group, has reported third quarter 2018 net income of $205.6 million, up from the net loss of $639.4 million it made in the same quarter of 2017. 30 October 2018
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Blue Capital Reinsurance Holdings has recorded net losses of $6.7 million for the third quarter of 2018 and $3.7 million for the nine months ended September 30, 2018. 30 October 2018
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American International Group (AIG) has appointed Talbot chief Peter Bilsby as global head of specialty. 29 October 2018
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Hamilton Insurance is eyeing opportunities in the US small commercial market. This generates some $150 billion in premiums but, as a fragmented market with no dominant players, it is ripe for transformation, according to Pina Albo, chief executive of Hamilton Insurance Group. 29 October 2018
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