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The company is a wholly owned subsidiary of Michigan-based Hagerty Insurance Holdings Inc, a provider of specialty insurance for classic vehicles

Rakesh Thakrar has been appointed interim group chief financial officer of the European savings and retirement services group

The deal, first announced in June, has received all required regulatory approvals

The Class E insurer was registered with the Bermuda Monetary Authority in September

New reinsurer Mereo has secured Bermuda Monetary Authority approval as it looks to start on January 1

Special Topics in Insurance will be sponsored for the fifth year by the Association of Bermuda Insurers and Reinsurers

The company is a wholly-owned subsidiary of Ark Insurance Holdings Ltd, the non-operating holding company of the Ark group

Industry veteran is to become chief executive, Life and Health, succeeding Marc Archambault

News comes after the receipt of regulatory approval to operate in the country

Company issues five-year debt service reserve guarantees for the benefit of ABP Acquisitions UK Ltd and ABP Finance Plc of the Associated British Ports Group