Stocks

The deal would boost the Hartford’s ranking in the US commercial insurance market.

RenaissanceRe kept its stake in the $1bn reinsurance programme stable at $262.5mn while Swiss Re increased its line by $10mn this year to $185mn.

C shareholders in the Catco Reinsurance Opportunities Fund, who are not exposed to the 2017 losses, saw a return of 6.31 percent for H1 2018 amid low catastrophic activity during the period.

Twelve Capital issued the Dodeka XVII notes on the Bermuda Stock Exchange yesterday.

The insurer’s losses are far from eroding its deductible in 2018, after two consecutive years of claims under its aggregate reinsurance covers.

The Australian insurer records group-wide natural hazard losses A$4mn below its budget.

The reinsurer's drop in P&C profit was due to an increase in man-made losses, as it grew its US and Australian book in July.

The London-based company has appointed CEO of bond trading platform OpenDoor Trading Susan Estes as an advisor.

ILS managers' income is going to be dented by lost performance fees.

The Bermuda-based company said a smaller capital base and greater cessions to third-party reinsurers led to the decrease.

Underwriting profit for the reinsurance division fell by 3.6 percent to $134.9mn in Q2, due to increased expenses.

The analyst had been with Hiscox Re Insurance-Linked Strategies for four years.