AXIS Re, the reinsurance arm of Bermuda-based AXIS Capital Holdings, has announced the appointment of Paul Ng as Reinsurance Treaty Underwriter. Based in Canada, Ng’s new role will include providing AXIS Re’s reinsurance partners and cedents with specialist underwriting expertise and customer service. He will be reporting to Jessica Coburn, Reinsurance Underwriting Head, Canada. Ng […]

Trium, a cyber and property catastrophe underwriter at Lloyd’s of London, has announced its 2024 financial results, reporting a combined ratio of 71.8%. Its “remarkable” performance makes Trium the fifth-best performing syndicate overall within the Lloyd’s market and the leading performer in the class of 2023. In 2023 Trium launched as the first ever Lloyds-approved […]

Independent specialist re/insurance broker Miller has appointed Judith Zeleny as Global Head of Origination, Strategic Advisory in its reinsurance practice. Zeleny holds over 35 years of industry experience, having previously served as an underwriter in property and casualty at General Re and Aachener Re. Zeleny most recently spent 26 years at Munich Re, where she […]

Canadian property and casualty insurer Definity Financial Corporation has disclosed that catastrophe losses in the first quarter of 2025 would negatively impact operating income by approximately CAD 50 million, net of reinsurance recoveries. The insurer stated that this amount was approximately double of what it expected based on first quarter historical averages. A breakdown of […]

Specialist underwriting agency DUAL Europe has further extended its reach in the maritime insurance market by launching a new Marine hub in Hamburg, Germany. Part of the global DUAL Group, one of the world’s largest international underwriting agencies, DUAL Europe continues to strengthen its position across the continent with this latest strategic expansion. The Hamburg […]