November 17, 2024 1:59PM AM Best downgrades ratings of Bermuda captive Evergreen EICL’s in-force underwriting portfolio primarily consists of marine, aviation and property risks related to the Evergreen Group’s operations
November 17, 2024 1:42PM Probitas offers five new lines Expansion follows the Bermudian-based company’s acquisition by Aviva
November 15, 2024 8:00AM Tucker’s Farm acquires leading Christmas decorating franchisor The acquisition of Christmas Decor was completed via the Bermudian-based investment holding company’s subsidiary
November 15, 2024 7:37AM Minority investment in Ascot closed by BellTower Partners Canada Pension Plan Investment Board continues to maintain the significant majority ownership position in Bermuda
November 14, 2024 6:15PM Hamilton Insurance subsidiary to enter US property market The company will work closely with a related team in the London property insurance market
November 14, 2024 4:24PM Enstar, HSCM Bermuda support Ruby Re’s $480m capital raise The subsidiary of Reinsurance Group of America Inc is a Missouri-domiciled third-party life reinsurer
November 14, 2024 3:59PM AM Best assigns ratings to National General Insurance The Bermudian-based Class 3A insurer is part of The Allstate Corporation’s group of insurance companies
November 14, 2024 3:51PM Bermuda’s Maiden Holdings reports Q3 loss of $34.5m The company said it recorded a higher underwriting loss of $18.8 million in the quarter compared with the same period in 2023
November 14, 2024 3:44PM Hiscox reports premium growth of $113.1m The company said the increase is due to continued capital deployment in its Bermudian-based operating subsidiary, Hiscox Re and ILS and solid retail growth
November 14, 2024 8:00AM Fire & Slice to go cashless Popular Pembroke pizzeria will accept only credit or debit cards beginning on December 1