All Bermuda articles – Page 29
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RenRe profits plummet in Q3
Significant investment losses are blamed for profits dropping by a third
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Arch sees moderate rise in net income
Gross written premiums down on 2006; combined ration 84.8%
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Montpelier Re details subprime exposure
Combined ratio of 57.9% reflects relatively benign catastrophe quarter
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Hannover Re establishes Bermudan life operation
Hannover Life Reassurance Bermuda has equity base of €120m
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Analysis
UPDATED: New catastrophe landscape
The Bermudan Q3 results reveal that the hurricane season alone no longer dictates a reinsurer's success
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Ace Q3 net income jumps 13%
Despite record profits, reinsurance net premiums written declined 24%
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XL takes Q3 subprime knock
XL profits are down 21% primarily due to exposures to the global credit crunch
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Axis: Charman changes retirement plans
Despite plans to retire in December 2008, John Charman's employment agreement has been extended
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Platinum sees net income rise 7.5%
Net premiums down 14.5%; combined ration down to 81.3%
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XL loses its top two men
Brian O’Hara and Michael Esposito have announced they are retiring
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Max Bermuda hires Guy Carp MD
Michael Dicker joins as senior vice president of agriculture
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Arch names new president
Terry Pimentel is named president of Arch Insurance Bermuda as James Ansaldi steps down
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Former Converium underwriter joins Endurance
Patrick Aeschbacher will head up underwriting in Asia and Australia
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Former PXRE CFO leaves Argo
Robert Myron is leaving the company to pursue another business opportunity
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Ace opens box at Lloyd’s
New Lloyd's entity is "a significant milestone" for newly-named Ace Bermuda International
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New president at Paget Re
Carl Daly is named president and chief underwriting officer of ACE's rent-a-captive