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Insurance
StarStone, which was formerly known as Torus and which is now owned by Bermuda-based Enstar, has almost doubled its profits in 2016 despite what it described as challenging circumstances. 28 February 2017
News
TransRe, the reinsurance arm of Transatlantic Holdings, has promoted Valeria Sotomayor to the role of treaty property underwriting manager for the Latin American and Caribbean division. 28 February 2017
Insurance
The magnitude of the UK’s reduction of the personal injury rate has shocked the UK insurance industry and raised concerns also among reinsurers, which are expected to be particularly hard hit. 28 February 2017
Insurance
The UK insurance industry has expressed its concern over the Lord Chancellor’s decision to change the Ogden discount rate to -0.75 percent from 2.5 percent. 27 February 2017
Insurance
Bermuda-based specialist insurer Hiscox posted a record pre-tax profit of £354.5 million in 2016, up 64 percent year-on-year on higher premium growth. 27 February 2017
News
John Berger, the chairman and chief executive officer of Third Point Reinsurance, has stepped down from the position of CEO. 24 February 2017
News
China Reinsurance Corporation has said that its 2016 net profit attributable to the equity shareholders may decrease by 30 percent to 35 percent compared to 2015. 24 February 2017
Insurance
The Hanover Insurance Group has announced several organisational changes to drive global growth through its “go-forward” business strategy over the next five years. 24 February 2017
Insurance
Marine insurance provider Skuld has appointed Krester Krøger Kjær as the new head of its Copenhagen operations. 24 February 2017
News
Third Point Re recorded a net profit of $27.6 million for its 2016 full year results, an improvement from a loss of $87.4 million in 2015, despite a widening underwriting loss. 24 February 2017
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