December 01, 2023 6:00PM Lloyd’s opens lower-carbon economy consultation Document sets out planned oversight processes and regulatory expectations on climate-related risk management, capital and reserving as well as transition planning
December 01, 2023 5:47PM BAS reports half-year net income of $500,000 The company paid a special dividend of $0.10 per share on September 30
December 01, 2023 7:59AM Lombard International sells US, Bermuda businesses Michael Farrell is appointed chief executive of Lombard US/BDA after the acquisition
November 30, 2023 6:27PM KKR acquires remaining stake in Global Atlantic for $2.7bn All-cash transaction increases global investment firm’s ownership to 100 per cent
November 30, 2023 6:21PM Compre appoints independent non-executive directors Industry veterans LoriAnn Lowery-Biggers and Jonathan Reiss are to join, subject to regulatory approval
November 30, 2023 6:15PM AIG appoints Rose Marie Glazer Appointee will oversee AIG’s legal, compliance, regulatory and government affairs functions
November 30, 2023 6:12PM Axis closes 144A cyber cat bond Long Walk Reinsurance Ltd issued $75 million of Series 2024-1 Class A notes, maturing January 2026
November 30, 2023 5:52PM AM Best affirms Conduit Re’s ratings The agency said Conduit Re has experienced a favourable reception from the market since its launch in December 2020
November 30, 2023 4:01PM Artex staff visit rest homes Employees visited Bermuda’s rest homes across the island to give back to seniors
November 29, 2023 6:15PM Arch Re hires Greg Habay New appointee will be responsible for leading Arch Re’s insurance-linked securities business development efforts