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XL Group plc announced this evening an approximate $135 million preliminary net loss estimate in the second quarter of 2013, relating to natural catastrophes, according to a press release from the re/insurer. XL Group plc, which is a global insurance...

Bermuda’s Enstar Group, which assumes risks from insurers seeking to exit businesses, agreed to buy Torus Insurance Holdings Ltd for $692 million to expand into direct sales of coverage. Enstar will pay $415 million and Stone Point Capital LLC, led ...

The Bermuda Foundation for Insurance Studies (BFIS) is co-hosting a data breach and cybercrime presentation along with Drinker Biddle & Reath LLP. In a press release announcing the event, BFIS said: “Data breaches and cybercrimes ... continue to gro...

Bermuda’s Enstar Group, which assumes risks from insurers seeking to exit businesses, agreed to buy Torus Insurance Holdings Ltd. for $692 million to expand into direct sales of coverage. Enstar will pay $415 million and Stone Point Capital LLC, le...

Tokio Millennium Re Ltd. (TMR) held its ‘Eighth Summit on Global Warming and Climate Change — Implications for the Insurance Industry’ in Atlanta at the end of June. Tatsuhiko Hoshina, its President and chief executive officer said: “TMR recognises t...

Tokio Millennium Re Ltd. (TMR) held its ‘Eighth Summit on Global Warming and Climate Change — Implications for the Insurance Industry’ in Atlanta at the end of June. Tatsuhiko Hoshina, its President and chief executive officer said: “TMR recognises t...

Bermuda’s MS Frontier Reinsurance has named Alexander Milberg as the new general manager/ principal officer of their Kuala Lumpur office. Mr Milberg is tasked with developing reinsurance business for Asia and the Middle East. “In his new role he wil...