Bermudian re/insurer Endurance saw its operating profit more than half in 2016's fourth quarter after being hit by almost $60m of catastrophe claims during the period.
Bermudian re/insurer Third Point Re was hit by both an underwriting and investment loss in the fourth quarter of 2016.
Third Point Re founder John Berger is stepping down as CEO at the beginning of March when he will be replaced by president and chief operating officer Robert Bredahl.
The re/insurance data firm has produced its initial insured loss estimate for extra-tropical cyclone Egon which struck France and Germany in January.
Greenlight Re's investment income pushed the Cayman Islands-based business into the black come the end of 2016 despite the firm posting an underwriting loss for the year.
Alleghany subsidiary TransRe saw its 2016 underwriting profit fall owing to a rise in catastrophe claims, although favourable prior year reserve development helped to partly offset the impact.
French reinsurer Scor saw its global property and casualty business increase its gross premiums written during the fourth quarter of 2016, in part because of expansion in the US.
Moneysupermarket.com Group chairman Bruce Carnegie-Brown will become Lloyd's of London's new chairman in June.
Ironshore has become the latest firm to beef up its terror offerings, following several high-profile attacks over the past few years.
Africa Re’s group managing director and CEO, Corneille Karekezi, gives his perspective on the outlook for the continent’s reinsurance markets.
Willis Re’s chief executive John Cavanagh remains optimistic at his company’s future growth prospects even though market conditions are tough.
Developing products that actually meet the needs of those in emerging economies, as well as creating reliable and user-friendly ways of both paying premium and collecting claims, will all determine whether the multi-company multi insurance venture incubator is a success, says Aspen’s Mario Vitale.
Hiscox Re has scaled back at recent renewals, reducing its concentration on property catastrophe.
Novae can start considering acquisitions rather than being acquired since share value has soared above book value, Novae’s CEO tells Reactions.
Interview: The top threat to catastrophe reinsurer RenaissanceRe’s new CEO Kevin O'Donnell maintaining his predecessor’s enviable returns is a flood of alternative reinsurance capacity settling for single-digit returns. He is bullish about RenRe's future.
Interview: The National Flood Insurance Program (NFIP) is unsustainable, says Swiss Re’s Americas CEO Eric Smith. He and others are now suggesting that the private sector needs to take up some of the burden to ensure flood protection remains in the US.
Interview: Swiss Re’s Canada CEO believes consolidation among Canadian insurers will boost reinsurance demand as well as kick-start cat bonds. Insurers are also looking for reinsurance as a result of onerous new solvency requirements for BC earthquake.
Interview: Inga Beale says Singapore is going to a big area of strategic growth for Lloyd’s insurer and reinsurer Canopius, as less business makes its way to the London market.