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Montpelier Re Holdings posted a second-quarter loss of $23.2 million as the re/insurer faced catastrophe loss events and a completive market. The loss compared to a profit of $65.5 million in the 2012 second quarter. Gross insurance and reinsurance p...

New York's top financial regulator has expanded a probe into whether reinsurance companies have written policies on international trade with Iran, which could potentially violate new US sanctions. In a letter posted to its website, the state's Depart...

Allied World Assurance Company Holdings last night posted a second-quarter loss of $1.9 million compared to a profit of $96.4 million for the same period last year. The reinsurer said the quarterly net loss was due to $115 million of net realised inv...

The board of directors of Aspen Insurance Holdings Limited has declared a quarterly cash dividend on Aspen’s ordinary shares of $0.18 per ordinary share. The dividend is payable on August 27, 2013 to the holders of record as of the close of trading o...

Earnings Season Bermuda’s Everest Re Group posted a strong second-quarter profit of $275.6 million, compared to net income of $214.6 million in the same period last year. Total revenue for the quarter was $1.35 billion, up 14.6 percent year over yea...

The press release added that she is an active leader in industry organisations, having served on several not-for-profit boards and as President of the International Association of Claim Professionals as well as the Association of Professional Insuran...

The Association of Bermuda Insurers and Reinsurers today released its Eighth Annual Bermuda Economic Impact Survey results. The data show that ABIR members’ directly contribute $816 million dollars to the Bermuda economy, but also shows a continuing...

Allied World Bermuda has launched a new Accountable Care Organisation (ACOs) liability solution product aimed at healthcare organisations. Last year Allied World launched an ACO product for the US market for companies of any size or make-up, and this...

Allied World Bermuda has launched a new Accountable Care Organization (ACOs) liability solution product aimed at healthcare organisations. Last year Allied World launched an ACO product for the US market for companies of any size or make-up, and this...

Sticky money brought Steven Cohen to Bermuda to launch SAC Re Holdings, but last week things got really sticky for the hedge fund colossus and New York Mets part-owner. According to the Financial Times SAC Capital Management held a 20-minute phone c...

Eduardo Fox, senior manager of corporate and commercial trusts at Appleby and leader of the BBDC’s LatAm Committee, chaired the event and moderated panel discussions on enterprise risk management and the importance of companies developing a comprehen...