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Hiscox growth boosted by Hiscox Re in Q1

Bermuda-based insurance firm Hiscox has posted a 10 percent increase in its gross written premiums (GWP) in local currency to £640.5 million ($924.8 million) for the first quarter of the year, compared with £561.7 million in the first quarter of 2015. 10 May 2016

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Allianz Risk Transfer introduces risk management tool for wind farms

Allianz Risk Transfer (Bermuda) (ART) and its partners have developed a risk management solution for hedging wind volume risks for wind farms. 9 May 2016

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Maiden profits dip, despite investment income increase

Bermuda-based reinsurance firm Maiden Holdings has reported a dip in its net income for the first quarter of the year, despite an increase in its investment income. 9 May 2016

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Third Point Re results damaged by investment losses

Third Point Re has posted a net loss of $51.1 million for the first quarter of 2016 compared with a net profit of $50.5 million for the three months ended March 31, 2015. 6 May 2016

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Lancashire Holdings appoints new chairman

Lancashire Holdings, a Bermuda-based global specialty insurance firm, has announced Peter Clarke as its new chairman. 6 May 2016

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Lancashire results sink in Q1

Lancashire Holdings has seen a large fall in its profit after tax for the first quarter of 2016, down to $28.3 million, compared to $5.7 million in the first quarter of 2015. 5 May 2016

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Aspen hires AIG exec to lead international cyber risk

Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings, has named Raheila Nazir as head of international cyber risk. 5 May 2016

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Duperreault hails potential of data science to transform industry

Brian Duperreault, chairman and chief executive officer of Hamilton, has hailed the company’s partners on a new joint venture to create a new technology-enabled customer-centric insurance platform for the small to medium enterprise (SME) market as “kindred spirits” in terms of their mutual belief in how data science has the potential to revolutionise the industry. 4 May 2016

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Markel’s Q1 profits fall despite steady overall growth

Markel Corporation has reported that its net profits fell in the first quarter of 2016 and its combined ratio also increased. 4 May 2016

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Chubb & Aon launch management liability operation in Bermuda

Chubb Bermuda and Aon Bermuda have together launched a management liability collaboration. 3 May 2016

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