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Bermuda-based Premia Reinsurance has entered into a loss development cover agreement with AmTrust Financial Services. 7 July 2017
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Impact Forecasting, Aon Benfield’s catastrophe model development team, has published the latest edition of its monthly Global Catastrophe Recap report, which looks at the impact of the natural disaster events that occurred worldwide during June 2017. 7 July 2017
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Neon has appointed Chris Conway to its property reinsurance team in Bermuda, reporting to head of property reinsurance, Nick Pritchard, effective immediately. 7 July 2017
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AXIS Capital Holdings and Novae Group have announced that their respective boards have agreed on the terms of a recommended all cash acquisition of the entire share capital of Novae by AXIS. 6 July 2017
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Re/insurance broking and advisory firm Beach & Associates has appointed Daniel Shaw as senior vice president to lead its wholesale property and casualty treaty division in London. 6 July 2017
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Fidelis Insurance has promoted Ian Turner to the position of group chief actuary, subject to regulatory and immigration approval. 5 July 2017
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According to the latest Swiss Re Institute Sigma report, global insurance premiums went up by 3.1 percent in real terms in 2016, a fairly solid outcome in an environment of moderate global economic. 5 July 2017
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While rates in many lines of business were again declining in the June 1 renewals, brokers also pushed for a relaxation of terms and conditions in some areas with the use of the 'hours clause' a hotly contested point on some treaties, according to sources on Bermuda. 4 July 2017
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Recent cyber-attacks like the recent ‘WannaCry’ ransomware virus attack have defied predictions that they would act as a wake-up call for businesses concerned about their cyber security, according to communications consultancy group FWD. 4 July 2017
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Fidelis Insurance has announced that it has started up a new venture with industry veteran Rob Ashton , who has been appointed specialty reinsurance underwriter at the as-yet unnamed venture. 3 July 2017
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