Log In

PartnerRe Ltd has announced $191 million in profit for the second quarter of the year. The figure is $54 million up on the $137 million made by the reinsurer in the same quarter of 2016. Operating earnings hit $97 million for the quarter, compared to...

Bermudian-based Axis Capital Holdings has reported profits of $85 million for the second quarter, down $34 million on the same period last year. The figure is equal to $1.01 per common share, compared to the $1.29 per common share on the second quart...

RenaissanceRe Holdings Ltd notched up $171.1 million in profit for the second quarter of the year. The figure, equal to $4.24 per common share, is up $34.8 million on the $136.3 million and $3.22 per common share recorded for the same period last yea...

Lancashire Holdings has posted after-tax profits of $38.2 million for the second quarter. The figure was up $6.7 million on the $31.5 million logged for the same quarter in 2016. The return on equity for the Bermudian-based insurer and reinsurer was ...

Bermudian-based XL Group Ltd has reported a big jump in second-quarter profit to $301.6 million, or $1.14 per share, compared to $43.8 million in the same period of 2016. The net income boost was primarily driven by lower catastrophe losses and favou...

XL Catlin has launched its cyber and data-protection insurance policy in Asia Pacific. The company said it covers business interruption arising from a network compromise, associated extortion demands and first-party incident response costs such as ...

Bank of Butterfield made a profit of $36.1 million during the second quarter of the year. That is $0.2 million higher than the net income achieved for the first three months of the year. And in tandem with the release of its earnings results, the ban...

Chubb Limited has posted a second quarter profit of more than $1.3 billion — up more than 79 per cent on the same period last year. The figure is equivalent to $2.77 per share, compared to the $1.54 per share on profit of $726 million in the second q...

Top executives at telecoms firm Digicel are in line to leave the company as it pushes ahead with plans to centralise back room management in the Caribbean as part of its Digicel 2030 review. Insiders at other telecoms firms on the island said they ha...

XL Catlin has enhanced its Cyber & Technology insurance coverage with the introduction of CyberRiskConnect, a new policy form that addresses the rapidly expanding and ever-evolving exposures of cyber and technology risk. John Coletti, chief underwrit...

XL Catlin has opened a new office in Washington DC, and also reported a doubling of its gross written premiums for construction business insurance in the USA. The Bermudian-headquartered group’s Political Risk, Credit and Bond Insurance team has open...

Bermudian-based Axis is to set up its own Lloyd’s managing agency after winning approval from UK regulators. From next month, Axis Managing Agency will manage Axis syndicate 1686 at Lloyd’s in London. Mark Gregory, CEO of Axis Managing Agency and Axi...