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Reinsurance

AM Best upgrades ratings of Bermuda’s L&G Re

The agency also affirmed the long-term ICR of “a” (Excellent) of the organisation’s non-operating holding company
The agency also affirmed the long-term ICR of “a” (Excellent) of the organisation’s non-operating holding company
  • Dec 20, 2024 1:00 PM
Reinsurance

LMA appoints Joe Brace as operations director

Industry veteran will influence and support the implementation of Blueprint Two
Industry veteran will influence and support the implementation of Blueprint Two
  • Dec 20, 2024 12:30 PM
Reinsurance

Catco shareholders approve voluntary winding up

The company says the expected date of the final distribution to shareholders will take place in the first quarter of 2025
The company says the expected date of the final distribution to shareholders will take place in the first quarter of 2025
  • Dec 20, 2024 12:00 PM
Reinsurance

CatX teams up with data analytics provider

The company says it will provide investors with deeper insights and a more transparent view of risk
The company says it will provide investors with deeper insights and a more transparent view of risk
  • Dec 20, 2024 8:00 AM
Reinsurance

RenRe staff help micromanage new forest

They planted more than 50 native and endemic species at the largest micro forest site to date on the Bermuda College campus
They planted more than 50 native and endemic species at the largest micro forest site to date on the Bermuda College campus
  • Dec 20, 2024 8:00 AM
Reinsurance

Minister to help launch free Abir insurance course

The Association of Bermuda Insurers and Reinsurers recently announced it was sponsoring the Special Topics in Insurance programme for the fifth year
The Association of Bermuda Insurers and Reinsurers recently announced it was sponsoring the Special Topics in Insurance programme for the fifth year
  • Dec 19, 2024 4:11 PM
Reinsurance

Biltir to sponsor Risk Summit

The 2025 event will be held March 10-12 at the Hamilton Princess and Beach Club with the theme ‘Redefining Resilience’
The 2025 event will be held March 10-12 at the Hamilton Princess and Beach Club with the theme ‘Redefining Resilience’
  • Dec 19, 2024 1:00 PM
Reinsurance

Investment in Ardonagh Group values the broker at $14bn

The company, which has operations in Bermuda, announced an equity investment from funds managed by US-based private equity firm Stone Point Capital LLC
The company, which has operations in Bermuda, announced an equity investment from funds managed by US-based private equity firm Stone Point Capital LLC
  • Dec 19, 2024 10:31 AM
Reinsurance

Markel makes investment in Certa

Strategic move will accelerate the UK-based tax specialist’s product development and geographical expansion plans
Strategic move will accelerate the UK-based tax specialist’s product development and geographical expansion plans
  • Dec 19, 2024 10:30 AM
Reinsurance

BMA registers seven insurers

The year-to-date total is now 50, plus ten intermediaries
The year-to-date total is now 50, plus ten intermediaries
  • Dec 18, 2024 2:30 PM
Reinsurance

Maiden sells Swedish subsidiaries

Maiden General and Maiden Life were the principal operating subsidiaries of the company’s International Insurance Services platform
Maiden General and Maiden Life were the principal operating subsidiaries of the company’s International Insurance Services platform
  • Dec 18, 2024 12:00 PM
Reinsurance

Arch bolsters French operation

Rachida Laazaouzi joins Arch Insurance (EU) dac as a senior casualty underwriter
Rachida Laazaouzi joins Arch Insurance (EU) dac as a senior casualty underwriter
  • Dec 18, 2024 11:00 AM
Reinsurance

AM Best revises ratings for island-based Conduit Re

Ratings agency says the ratings reflect Conduit Re’s balance sheet strength, which it assessed as very strong
Ratings agency says the ratings reflect Conduit Re’s balance sheet strength, which it assessed as very strong
  • Dec 18, 2024 7:57 AM
Reinsurance

Axis and Enstar in $2.3bn loss portfolio transfer agreement

Parties say transaction is predominantly attributable to casualty portfolios totalling $3.1 billion at September 30
Parties say transaction is predominantly attributable to casualty portfolios totalling $3.1 billion at September 30
  • Dec 18, 2024 7:56 AM
Reinsurance

Antares appoints three leaders

Martin Campbell, James Glynn and James Thomas take on roles as divisional heads
Martin Campbell, James Glynn and James Thomas take on roles as divisional heads
  • Dec 17, 2024 7:58 AM
Reinsurance

Itasca MGA in innovative deal

Aviation-focused managing general agent created by alternative investment manager Castlelake and Pine Walk Capital
Aviation-focused managing general agent created by alternative investment manager Castlelake and Pine Walk Capital
  • Dec 17, 2024 7:56 AM
Reinsurance

Abir’s economic contribution tops $1bn

Leading insurers and reinsurers projected to be largest payers of corporate income tax
Leading insurers and reinsurers projected to be largest payers of corporate income tax
  • Dec 13, 2024 12:12 PM
Reinsurance

Brit Re’s ratings affirmed

The company acts primarily as an internal reinsurer for its affiliates, Lloyd’s Syndicate 2987 and Brit UW Ltd
The company acts primarily as an internal reinsurer for its affiliates, Lloyd’s Syndicate 2987 and Brit UW Ltd
  • Dec 13, 2024 8:00 AM
Reinsurance

AM Best affirms ratings of Bermuda’s Oceanview Re

The agency said the company’s balance sheet strength continues to be maintained by its very strong level of risk-adjusted capitalisation
The agency said the company’s balance sheet strength continues to be maintained by its very strong level of risk-adjusted capitalisation
  • Dec 12, 2024 12:05 PM
Reinsurance

Nippon Life takes over Bermudian reinsurer

Japan’s largest life insurer already owned a 23 per cent stake in the Bermudian company, and will buy the rest for $8.2 billion
Japan’s largest life insurer already owned a 23 per cent stake in the Bermudian company, and will buy the rest for $8.2 billion
  • Dec 12, 2024 8:01 AM
Reinsurance

Relm launches its own 50-State MGA in the US

Relm Insurance, the specialty insurance carrier supporting emerging and innovative industries, has launched its own managing general agent in the US, licensed i...
Relm Insurance, the specialty insurance carrier supporting e...
  • Dec 11, 2024 5:57 PM
Reinsurance

James Irving joins Oak Re

Experienced campaigner will lead the development of the company’s Property offering
Experienced campaigner will lead the development of the company’s Property offering
  • Dec 10, 2024 3:42 PM
Reinsurance

Bitcoin life insurer Meanwhile links up with Swiss platform

Partnership with Block Green will provide yield opportunities from credit worthy industrial Bitcoin miners
Partnership with Block Green will provide yield opportunities from credit worthy industrial Bitcoin miners
  • Dec 10, 2024 3:39 PM
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