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Bermuda

Latest insight from the international reinsurance club

 

Activist investor Voce gets board seat at Argo

Argo Group International Holdings appoints Voce founder, J Daniel Plants, as an independent member of its board of directors

Bermuda People moves

Maiden's income falls 4% as underwriting loss cuts into capital gains

Operating earnings per share rose to 19¢ from 16¢

Bermuda Reinsurance

Enstar swings to Q2 loss on investments and strikes deal with Argo

The loss was due to a negative $1.01bn swing in realised and unrealised investment results attributed to interest rate increases, widening credit spreads, and equity market declines

Bermuda Specialty

White Mountains swings to red on investment losses

More than half of the investment downturn was tied to the group's investment in insurance marketing group MediaAlpha

Bermuda

Argo Group swings to Q2 loss on investments

Loss reflects a negative $65.1m swing in realised investment losses and a 44% decline in earned investment income

Bermuda Reinsurance

SiriusPoint swings to Q2 net loss on investment losses

Gross written premiums surge 48% as Bermuda-based group shifts business mix

Bermuda

PartnerRe doubles Q2 operating profit

Bermuda-based carrier books 79.3% combined ratio aided by prior-year reserve releases 

Bermuda PartnerRe

Fidelis joins ClimateWise

Bermuda-based firm is latest company to join sustainability initiative and pledges to report annually on its response to climate change

Bermuda Climate change

James River's income falls 76% on investment losses

Bermudian group’s combined ratio rises 1.3 points to 91.0% as underwriting income falls in second quarter

Bermuda

Everest Re targets 'excellent opportunities’ in mid-layer catastrophe business

Bermudian re/insurer has found a trading range ‘we feel very good about’, its chief executive says, as net income falls 82% in second quarter

Bermuda Reinsurance

Everest Re beats forecast despite catastrophe losses

Bermudian re/insurer hit by losses from flooding in South Africa, storms in the US and Europe and Russia's invasion of Ukraine

Bermuda Everest Re

BILTIR launches advocacy group to promote Bermuda market internationally

The committee will engage with regulators, governments and clients to ‘actively communicate Bermuda’s strengths’

Bermuda People moves

Axis Capital's income falls on investment losses but beats forecast

Axis Capital Holdings saw second-quarter net earnings fall 88% to $27.2m after posting a negative $246.6m swing in its realised investment result

Bermuda Brokers

RenRe swings to red on investment losses but beats forecast

The Bermudian re/insurer swung to a second-quarter net loss of $324.9m from income of $456.8m

Bermuda RenaissanceRe

Mosaic names Desai head of transactional liability in the Americas

Mosaic says transactional liability has become a cornerstone of its model and specialty strategy, writing $100m in gross premiums since its launch in the US last July

Bermuda Specialty

Covéa CEO Derez takes PartnerRe chair

Bermudian reinsurer’s board overhauled following closing of $9bn acquisition by French mutual Covéa Group

Bermuda PartnerRe
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