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Sompo Canopius, which has a significant presence on Bermuda, has announced the appointment of Bruce Shepherd as credit and political risk analyst. He will head the credit analysis function in the group’s credit, political and crisis division. 31 July 2017
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Validus’ chairman and CEO Ed Noonan has praised the company’s second quarter 2017 results as being ‘solid’. 28 July 2017
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PartnerRe has announced that its net income for the first six months of 2017 came to $243 million, down substantially from the first half 2016 figure of $420 million. 28 July 2017
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Arch Capital Group has blamed a 16 percent fall in its second quarter 2017 income figures on weak market conditions, as well as other factors. 28 July 2017
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Lancashire Holdings made a net operating profit of $30.9 million over the second quarter of 2017, up on the $25.6 million it made in the same period of 2016. 28 July 2017
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XL Group had a substantially profitable second quarter in 2017, which it attributes to a low level of cat losses. 27 July 2017
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AXIS Capital has reported that its second quarter 2017 income came to $85 million, down 29 percent on the $119.5 million it posted in the same period of 2016. 27 July 2017
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Aspen has announced that it made a second quarter 2017 profit of $75.8 million, up on the $64.9 million it made in the same period of 2016. 27 July 2017
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Qatar Insurance Company (QIC), the insurance group that owns Qatar Re and Antares, has reported that although it saw growth of 14 percent in gross written premiums (GWP) to $1.714 billion in the first six months ended 30 June 2017, it also saw its profits fall. 26 July 2017
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RenaissanceRe (RenRe) has recognised that it is facing challenging conditions as it announced that although it had made a profit of $171.1 million in the second quarter of 2017, up from the $136.3 million it made in 2016’s Q2, first half 2017 net income fell slightly, going from $264.3 million in the first half of 2016 to $263.5 million in the same period of 2017. 26 July 2017
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