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Bermuda re/insurers post strong H1’26 results as cat losses ease: Fitch

Fitch Ratings, a global credit ratings and research agency, said Bermuda-based re/insurers delivered a strong financial performance during the first half of 2026, helped by a reduction in catastrophe-related losses. However, the company noted that challenging market conditions, including abundant capacity and strong competition, continued to weigh on pricing and premium growth. Fitch said conditions…

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AXIS hires Jim Rhyner to lead its NA Financial Lines, Programs, & Canada businesses

AXIS Capital Holdings Limited, a Bermuda-based global specialty insurer and reinsurer, has announced the appointment of Jim Rhyner as Head of North America Financial Lines, Programs, and Canada, effective 31 August 2026. Rhyner succeeds John Van Decker, who will retire following a career spanning more than four decades, including 15 years with AXIS. Rhyner will…

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Europe’s big four maintain property cat reinsurance appetite despite rate softening: AM Best

The European “Big Four” reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR – continue to have an appetite for property catastrophe reinsurance despite rate softening, according to AM Best’s recent market segment report. The ratings agency noted that this continued appetite follows a period of right-sizing of portfolios, increasing attachment points and moving…

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