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Argo Group International Holdings, Ltd has agreed to sell its Trident Public Risk Solutions brand and underwriting platform to Paragon Insurance Holdings. The transaction is expected to close in the coming months, and Bermudian-based re/insurer Argo ...

Bermudian-based legacy re/insurer Catalina Holdings (Bermuda) Ltd has made a strategic move into Asia, reaching an in-principle agreement to acquire Asia Capital Reinsurance Group Pte Ltd. The deal for the Singapore-headquartered reinsurance business...

Bermudian-based insurer Watford Holdings Ltd has entered into an agreement to purchase Axeria IARD, a property and casualty insurance company based in France. Watford is acquiring 100 per cent of the capital stock of Axeria from the April group. Axer...

Artex Risk Solutions continued to expand its operations today, announcing the acquisition of Dallas-based EWI Re, Inc. Terms of the transaction were not disclosed. Established in 1959, EWI offers reinsurance programme design and placement services f...

Bermudian-based Fidelis Insurance has taken an equity stake in Perigon Product Recall Ltd, a new managing general agency, and will be providing underwriting capacity. Perigon’s focus will be product recall and product contamination coverage for fo...

Artex Risk Solutions yesterday announced that it has reached agreement to acquire Horseshoe Insurance Services Holdings Ltd. The transaction, which significantly strengthens Artex’s insurance-linked securities operations, is subject to regulatory app...

Everest Insurance announced today that the company has purchased all outstanding remaining shares of its joint-venture partner, Salus Systems, LLC. Salus, founded in January 2017, develops and markets a collaborative safety management platform, Zero,...

Randall & Quilter Investment Holdings Ltd has agreed a deal worth at least $25 million to purchase Bermudian reinsurer Sandell Re. London-listed R&Q, which is headquartered in Bermuda, said its subsidiary Randall & Quilter II Holdings Ltd had signed ...

Bermudian-based holding company Colonial Group International has received regulatory approval for the acquisition of a minority interest in The Beacon Insurance Company Ltd of Trinidad and Tobago. The approval was issued by the Central Bank of Trinid...

Bermudian-based White Mountains Insurance Group Ltd has acquired a minority equity stake in Elementum Advisers, an ILS manager with more than $4 billion of assets under management. Since its launch in December 2009, Elementum, which has an office in ...

Expect the consolidation trend to continue in the insurance industry in the coming years. That’s the view of experts from EY, the global professional-services firm, who see the drivers of the combinations that have swept the industry as being very mu...

Bermuda-based reinsurer Monument Re has announced the completion of its acquisition of Dutch insurer Robein Leven NV from Amerborgh Financial Services BV. The deal, which was first announced in July last year, was closed after receipt of regulatory a...