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AXIS Insurance, the Bermuda insurance segment of AXIS Capital, has chosen John Tatum as its executive vice president and head of US programmes. 29 July 2016
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PartnerRe saw its net income increase in the second quarter of 2016, but the company still posted an operating loss due to catastrophe and weather-related events. 29 July 2016
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XL Group has reported a substantial drop in its net income, which the company attributes to a significant impact from global catastrophes, for its second quarter results of 2016. 28 July 2016
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Aspen has experienced a sharp increase in net income in its second quarter results for 2016 despite the series of cat losses throughout the year. 28 July 2016
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The Bermuda-based re/insurer Arch Capital has disclosed increases in gross written premiums (GWP) for its insurance and reinsurance sectors in its results for the second quarter of this year, and has almost doubled its pre-tax net income compared with the second quarter results last year. 28 July 2016
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Everest’s insurance business could double in size over the course of three to five years, Dominic Addesso, president and chief executive officer (CEO) of Everest Re Group, said during the company’s second-quarter results meeting. 27 July 2016
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RenaissanceRe has reported that its second quarter 2016 net income increased to $136.3 million from the $73.2 million it made in the same period of 2015. 27 July 2016
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After signing a letter of intent (LOI) to sell crop insurance company Heartland Crop Insurance, Everest Re Group plans to enter into a strategic long term reinsurance relationship CGB Diversified Services (CGB DS). 27 July 2016
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Validus Holdings has reported a significant increase in its net income for its second quarter financial results in 2016, period ending June 30. 27 July 2016
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Lancashire has reported industry-wide losses across its areas of underwriting for the second quarter of 2016. 27 July 2016
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