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Two former leading executives of Bermudian insurer Ironshore are to leave Liberty Mutual’s Global Risk Solutions division at the end of the year. The departures of Mitch Blaser and Kevin Kelley come about 2½ years after Ironshore was bought by Libert...

US insurer Liberty Mutual has utilised its Bermudian special purpose insurer Limestone Re Ltd to raise $240 million of new reinsurance capacity. The company said in a press release that the transaction was comprised of $135 million of Bermuda Stock E...

Pembroke Managing Agency Ltd — part of Bermudian-based Ironshore — has been granted approval by Lloyd’s to establish and manage GIC Syndicate 1947. Lloyd’s has granted Syndicate 1947 permission to underwrite business, attaching on or after April 1, 2...

Ironshore Inc has expanded its partnership between Bermudian-based Iron-Starr Excess Agency Ltd with Oil Casualty Insurance Ltd to underwrite property lines. Iron-Starr has underwritten coverages on behalf of Ocil, a subscribing insurer for financi...

Liberty Mutual has reorganised its operations — including its Bermudian-based insurer Ironshore — to better address the needs of brokers and clients. According to Mitch Blaser, who will assume the title of vice-chairman of Ironshore Bermuda, the chan...

Ironshore has promoted two of its island-based staff to top-level management roles. The insurer has named Steve Horton as the chief executive officer of Iron-Starr and Susan Pateras as chief operating officer of Ironshore Bermuda. “Steve and Susan br...

Bermudian-based insurer Ironshore announces that its Pembroke Managing Agency has been granted “in principle” approval by the Lloyd’s Franchise Board to create GIC Re’s syndicate at Lloyd’s. GIC Re is ranked twelfth among the top 40 global reinsurer...

Ironshore has confirmed the appointment of two executives to lead its Bermuda property team. Bermudian Ian Smith will head the team, as previously reported in The Royal Gazette, while Shane Rozario, is the property team’s new chief operating officer....

Like a prize in a game of pass the parcel, Ironshore Inc switched hands this week for the second time in two years. But it is all good, according to Mitch Blaser, chief executive officer of Ironshore Bermuda. “It is fantastic news for Ironshore overa...

Liberty Mutual Insurance has completed its acquisition of Ironshore Inc, and announced an expansion of the Ironshore brand in the US. There are no announced changes to Ironshore’s operations in Bermuda as a result of the $3 billion deal. Liberty Mutu...

The Chinese owner of Ironshore has agreed to sell the Bermudian-based insurer to US giant Liberty Mutual in a $3 billion deal. The US company, which struck the deal with Shanghai-based Fosun International, said it planned to let Ironshore “operate wi...

The Chinese owner of Ironshore has agreed to sell the Bermudian-based insurer to US giant Liberty Mutual in a $3 billion deal. The US company, which struck the deal with Shanghai-based Fosun International, said it planned to let Ironshore “operate wi...