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Net income recorded by 19 top reinsurers fell 56 per cent in 2022, a report by global professional services firm Aon has revealed

Bermudian-based RenaissanceRe Holdings Ltd has estimated that losses from certain 2022 catastrophe events will have a net negative impact of approximately $650 million on the company’s third-quarter results. This estimate is primarily driven by the n...

RenaissanceRe Holdings Ltd, the Bermudian-based reinsurer, has reported a first-quarter net loss attributable to common shareholders of $394.4 million. That compares with a net loss of $290.9 million in the first quarter of 2021. Operating income att...

Bermudian-based re/insurer RenaissanceRe Holdings Ltd has reported an annual net loss attributable to common shareholders of $73.4 million in 2021 as weather-related large losses took their toll. Those losses contributed a $962.1 million net negative...

Ariel Re, the Bermudian-based reinsurer, has appointed Apryle Oswald to the newly created role of chief analytics officer. Ms Oswald, whose appointment is effective on Monday, will be based in Ariel Re’s Bermuda office. The reinsurer also has offices...

Flooding will become a major problem for Bermuda as global warming increases, a risk analyst warned yesterday. Angela A’Zary, the senior vice-president of client risk analytics at reinsurance firm RenaissanceRe, said that flood-prone areas such as M...

Winter Storm Uri, which brought widespread snow and ice to Texas in February, had a significant negative impact on RenaissanceRe's first quarter performance, alongside large mark-to-market losses on its investment portfolio. The reinsurer reported a ...

RenaissanceRe Holdings Ltd has estimated that losses from Winter Storm Uri in the United States will have a net negative impact of about $180 million on its first quarter results. Uri was a major wind and ice storm that caused widespread damage in ma...

Bermudian-based RenaissanceRe Holdings Ltd is to rebrand its Ventures business as “RenaissanceRe Capital Partners”. The company said Chris Parry, SVP, global head, Capital Partners, will lead this business, pending approval by the Bermuda Department ...

Bermudian-based reinsurer RenaissanceRe reported operating income of $14.6 million in 2020 despite the dramatic negative impact of weather-related losses and Covid-19 on results. The company reported an operating loss of $77.1 million for the fourth ...

More than 6,000 metric tonnes of greenhouse gas is generated by RenaissanceRe's Bermuda operations each year, with air travel and purchased electricity accounting for the bulk of the carbon emissions. To offset the impact of those emissions it is su...

Shannon Lowry Bender is to be the new group general counsel at RenaissanceRe Holdings Ltd. She will take up the role of senior vice-president, group general counsel and corporate secretary on January 1. She succeeds Stephen Weinstein, who holds the p...