Local Business BF&M to rebrand as Allshores Ltd The insurer will seek approval from shareholders for the move at the upcoming annual general meeting on May 14 The insurer will seek approval from shareholders for the move at the upcoming annual general meeting on May 14 Apr 29, 2025 6:05 PM
Local Business SiriusPoint names new International CUO Eleanor Gibson will be the new international chief underwriting officer and based in London Eleanor Gibson will be the new international chief underwriting officer and based in London Apr 29, 2025 4:22 PM
Local Business AM Best upgrades SiriusPoint outlook to positive The company paid $733 million to repurchase all shares and warrants from CM Bermuda Ltd The company paid $733 million to repurchase all shares and warrants from CM Bermuda Ltd Apr 28, 2025 5:48 PM
Reinsurance Everen Specialty names Carla Greaves new CUO She will join the executive leadership team of the Everen Group, based in the Bermuda office, later this year She will join the executive leadership team of the Everen Group, based in the Bermuda office, later this year Apr 25, 2025 6:15 PM
Local Business Chubb Q1 overshadowed by $1.47bn in wildfire losses The global insurer posted net income of $1.33 billion, down 37.1 per cent from the same period last year The global insurer posted net income of $1.33 billion, down 37.1 per cent from the same period last year Apr 25, 2025 2:32 PM
Local Business Aon posts near billion dollar profit, solid growth The company reported another quarter of mid-single-digit organic revenue growth and strong operating performance The company reported another quarter of mid-single-digit organic revenue growth and strong operating performance Apr 25, 2025 1:36 PM
Reinsurance New structure and leadership at Markel Insurance The changes give local teams a greater degree of empowerment and accountability The changes give local teams a greater degree of empowerment and accountability Apr 22, 2025 4:33 PM
Local Business Mozart Insurance has AM Best ratings affirmed The company primarily assumes risks from a Colombian insurer The company primarily assumes risks from a Colombian insurer Apr 21, 2025 8:00 AM
Local Business Acrisure Re adds senior hires The firm has appointed Roman Romeo as president and head of its Bermuda operations The firm has appointed Roman Romeo as president and head of its Bermuda operations Apr 16, 2025 6:52 PM
Local Business Compre acquires Covéa’s US subsidiary The CSE Group comprises two California-domiciled personal lines insurance carriers The CSE Group comprises two California-domiciled personal lines insurance carriers Apr 16, 2025 6:42 PM
Local Business Vantage names new regional distribution leader The speciality insurer and reinsurer has appointed Natalie Yuen, previously of Arch Insurance The speciality insurer and reinsurer has appointed Natalie Yuen, previously of Arch Insurance Apr 15, 2025 6:43 PM
Local Business Nephila Capital names new underwriting head Mark Richardson joined the insurance-linked securities manager in 2023 as a senior underwriter Mark Richardson joined the insurance-linked securities manager in 2023 as a senior underwriter Apr 15, 2025 5:30 PM
Local Business SiriusPoint backs new US casualty programme It will partner with New York-based Irwin Siegel Agency to insure human and social services providers It will partner with New York-based Irwin Siegel Agency to insure human and social services providers Apr 14, 2025 6:23 PM
Local Business Reinsurers back Mangrove’s catastrophe programme Stephen Weinstein, the firm’s founder, has longstanding ties to Bermuda’s reinsurance community Stephen Weinstein, the firm’s founder, has longstanding ties to Bermuda’s reinsurance community Apr 14, 2025 6:13 PM
Local Business United Risk to expand to Bermuda amid reinsurance push The firm will also add to its leadership team amid a broader global growth strategy The firm will also add to its leadership team amid a broader global growth strategy Apr 14, 2025 3:58 PM
Local Business Moody’s affirms Everest Re’s credit rating The Bermudian-based reinsurer kept a stable outlook despite a sharp drop in profits last year The Bermudian-based reinsurer kept a stable outlook despite a sharp drop in profits last year Apr 10, 2025 5:44 PM
Local Business Fidelis Partnership appoints two to top roles Suzanne Wells was named chief operating officer and Erik Manning head of ceded reinsurance Suzanne Wells was named chief operating officer and Erik Manning head of ceded reinsurance Apr 10, 2025 5:40 PM
Business Burt meets with European insurance figures in Poland The Premier is leading a delegation of Bermudian officials at the Eurofi Financial Forum The Premier is leading a delegation of Bermudian officials at the Eurofi Financial Forum Apr 10, 2025 5:12 PM
Local Business Ascot appoints Marc Amen to lead role He will lead the company’s insurance and reinsurance platforms across the US and Bermuda He will lead the company’s insurance and reinsurance platforms across the US and Bermuda Apr 09, 2025 5:41 PM
International Business Credit and surety market grows amid uncertainty Sixty per cent of respondents to an Axa XL survey saw strong premium growth since the pandemic Sixty per cent of respondents to an Axa XL survey saw strong premium growth since the pandemic Apr 08, 2025 6:05 PM
Local Business Bermuda at centre of $51trn retirement funding gap Asset-intensive reinsurance is helping retirees who end up with less than they need in their later years Asset-intensive reinsurance is helping retirees who end up with less than they need in their later years Apr 07, 2025 7:58 AM
Local Business Wildfires take toll on Bermuda reinsurers’ bottom lines Capital levels are strong, so ratings will not be affected and firms will still post profits, a Fitch report finds Capital levels are strong, so ratings will not be affected and firms will still post profits, a Fitch report finds Apr 02, 2025 7:59 AM
Reinsurance Karyn Peixoto is new chief HR officer at Everen The executive has been instrumental in shaping the group’s people strategies since joining the firm in 2022 The executive has been instrumental in shaping the group’s people strategies since joining the firm in 2022 Apr 01, 2025 1:54 PM
Local Business InEvo Re completes first pension risk transfer deal The specialist reinsurer launched by Macquarie Asset Management marks a major milestone The specialist reinsurer launched by Macquarie Asset Management marks a major milestone Apr 01, 2025 7:59 AM
Local Business Chubb Bermuda appoints David Jenkins as head of property He will lead the property underwriting team, drive growth in that portfolio and report to Robert Rebellato He will lead the property underwriting team, drive growth in that portfolio and report to Robert Rebellato Mar 31, 2025 4:28 PM
Reinsurance Fidelis appoints Jonny Strickle as group managing director He will report directly to Dan Burrows, the chief executive of the Bermudian-based insurer He will report directly to Dan Burrows, the chief executive of the Bermudian-based insurer Mar 31, 2025 2:46 PM
Local Business Convex continues meteoric rise The specialty insurer and reinsurer saw record premiums and a second consecutive profit The specialty insurer and reinsurer saw record premiums and a second consecutive profit Mar 31, 2025 2:27 PM
Letters to the Editor Perpetuating economic injustice Craig Walls continues to protest perceived inequality in business opportunities Craig Walls continues to protest perceived inequality in business opportunities Mar 29, 2025 8:00 AM
Reinsurance Wildfire-burnt carriers rethink their California cover Firms such as Chubb have been shrinking their exposure in the Golden State for several years Firms such as Chubb have been shrinking their exposure in the Golden State for several years Mar 28, 2025 7:58 AM
Reinsurance Everen closes exceptional year with $350m dividend The company had a strong investment performance and modest incurred losses The company had a strong investment performance and modest incurred losses Mar 27, 2025 6:34 PM