RenaissanceRe Holdings has reported a net loss of $3.5 million in the fourth quarter of 2017, a severe fall from the profit of $69.4 million that it made in the same period of 2016. 1 February 2018
AM Best has affirmed the financial strength rating of A- (Excellent) of PMG Assurance (Bermuda), adding that the outlook of the rating is stable. 1 February 2018
Insurance Linked Securities (ILS) are increasing trusted and being invested in by institutional asset owners who would remain invested even after a major hurricane, claims a new survey. 31 January 2018
Nephila Holdings, parent company to Nephila Capital, has expanded its weather and ESG-driven business with the launch of a new specialty division, Nephila Climate (NCx). 31 January 2018
Blue Capital Reinsurance Holdings has reported break-even results of $0.0 million for the fourth quarter of 2017 and a net loss of $43.2 million for the twelve months ended December 31, 2017. 31 January 2018
AXIS Capital Holdings has announced that subsidiary AXIS Managing Agency, which manages Syndicate 2007, has signed a reinsurance deal with StarStone. 30 January 2018
Scottish Re Group has devised a sale and restructuring plan for its Cayman Islands subsidiary, Scottish Annuity & Life Insurance Company Cayman (SALIC), and SALIC’s US subsidiary, Scottish Holdings (SHI). 29 January 2018
