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Arch Insurance Group, a Bermuda-based insurer, has partnered with American Specialty Insurance and Risk Services to provide customised insurance programmes for the sports, recreation and entertainment markets. 1 November 2016
News
AXIS Capital Holdings (AXIS Capital) has priced an offering of 22 million depositary shares, each representing a 1/100th ownership interest in a share of its 5.5 percent series E preferred shares, or $550 million in aggregate liquidation preference. 1 November 2016
News
Blue Capital Reinsurance Holdings (Blue Capital), a Bermuda-based reinsurer, reported a net income decrease to $10.3 million for the nine months ended September 30, 2016, compared with $15.3 million it reported for the same period of 2015. 1 November 2016
ILS
AM Best is sponsoring the Insurance-Linked Securities (ILS) Convergence event, which will be held on November 9 - 10, 2016, at the Fairmont Hamilton Princess in Bermuda. 31 October 2016
News
XL Catlin’s insurance operations has introduced a consumer products recall solution, designed to meet the needs of manufacturers of a broad range of consumer products including toys, clothing, household goods, electronics and sports equipment. 31 October 2016
News
Validus Holdings has reported a net income increase in the third quarter of 2016, despite a sharp decline in gross written premiums (GWP), reducing its exposure to classes of business resulting in the greatest pressure on pricing. 28 October 2016
News
RenaissanceRe, a Bermuda-based reinsurer, has hired James Fraser as the senior vice president (SVP) as well as chief accounting officer and Helen James as SVP, global corporate controller. 28 October 2016
News
Aspen has reported a rise in its gross written premiums (GWP) of 6 percent year-on-year to $763.5 million in the third quarter of 2016, due to its reinsurance segment, Aspen Re. 27 October 2016
News
AXIS Capital has reported a small rise in its gross written premiums (GWP) in the third quarter of 2016, despite its reinsurance business shrinking significantly. 27 October 2016
News
Arch Capital Group reported a sharp increase in profits during the third quarter and the Bermuda-based re/insurer also enjoyed healthy growth, due to a large increase in the amount of mortgage business it is underwriting. 27 October 2016
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