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XL Catlin’s North America property insurance business has appointed Mark Flanagan as chief property underwriter in Hamilton, Bermuda and promoted William Volz to Southern California regional underwriting leader in Los Angeles. 8 November 2016
News
The Bermuda Business Development Agency (BDA) is to produce a new series of webcasts highlighting the benefits of Bermuda captive insurance companies for major corporations of all industries. 8 November 2016
News
Endurance Specialty Holdings, a Bermuda-based re/insurer, almost tripled its net income in the third quarter of 2016, only a month after its acquisition by Sompo. 7 November 2016
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A team of Bermuda industry and regulatory experts heads to Toronto, Canada later this month, to educate corporate executives about the risk management benefits of captive insurance. 7 November 2016
News
Assured Guaranty has seen its Q3 net income soar, partially because of its acquisition of CIFG Holding. 4 November 2016
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Third Point Re saw its premiums decline 30.6 percent in the third quarter of 2016, but also made a profit over the period. 4 November 2016
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Bermuda-based re/insurer Maiden Holdings has reported a substantial increase in its net income in the third quarter of 2016 while two of its reinsurance segments, diversified reinsurance and AmTrust reinsurance have shown solid growth. 3 November 2016
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Argo Group has reported a 10.2 percent increase in its gross written premiums (GWP) in the third quarter of 2016, while its combined ratio remained stable. 3 November 2016
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AXIS Capital Holdings (AXIS Capital) has appointed Anees Ahmad as vice president of its accident and health (A&H) division and business development manager of its Middle East and North Africa (MENA) reinsurance business. 2 November 2016
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Aeolus Capital Management (Aeolus), a Bermuda-based capital management company, has reached an agreement in principle under which Elliott Management Corporation (Elliott), through an affiliate, will acquire a controlling interest in Aeolus and its affiliated entities. 2 November 2016
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