Global insurer and reinsurer AXIS Capital Holdings Limited and global legacy re/insurance specialist Enstar Group Limited have entered into a 75% ground-up quota share loss portfolio transfer (LPT) reinsurance agreement, designed to cover a portfolio of the former’s reinsurance segment business.
Agents and Brokers, General liability Ironshore Inc., Liberty Mutual
Agents and Brokers, P/C Insurers, Reinsurance, Technology Arthur J. Gallagher & Co.
Bermuda-based insurer and reinsurer, Everest Group, Ltd., has reported net income of $724 million and a Q2 2024 combined ratio of 90.3% as pre-tax underwriting income reached $358 million, driven by a strong result in its reinsurance segment.
Fitch Ratings, a provider of credit ratings, commentary and research, has said that the growing reinsurance activities of several German and French insurers are contributing to stronger credit profiles, provided the associated execution risks are well managed.
Global reinsurer Swiss Re has signed a memorandum of understanding (MoU) with the Institute of Insurance and Risk Management (IIRM), an organisation dedicated to providing executive education across the financial services sector.
Marco Capital Holdings Limited, a European property and casualty (P&C) insurance run-off group, has acquired Stewart Title Europe Limited, which has been in run-off since the start of 2025.
Industrial insurer HDI Global SE has appointed Dr. Stefan Pasternak, currently Chief Financial Officer (CFO) of Munich Re subsidiary, Great Lakes Insurance SE, to succeed Dr. Christian Hermelingmeier as its new CFO.
The European Commission’s financial services directorate has put out to tender for a model-based approach to mitigating the environmental impact of crypto-assets.
