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Dellwood Insurance Group is launched by two veterans of the local market, and backed in part by island-based RenaissanceRe and PartnerRe

Credit ratings agency also affirms financial strength rating and long-term issuer credit ratings

Insurance infrastructure platform secures more than $130 million in new reinsurance capacity

The cover will likely be effective when the Validus-RenaisaanceRe deal is concluded, according to a statement

The transaction is expected to close in the fourth quarter and is subject to customary closing conditions and regulatory approvals

Net income recorded by 19 top reinsurers fell 56 per cent in 2022, a report by global professional services firm Aon has revealed

Bermudian-based RenaissanceRe Holdings Ltd has estimated that losses from certain 2022 catastrophe events will have a net negative impact of approximately $650 million on the company’s third-quarter results. This estimate is primarily driven by the n...

RenaissanceRe Holdings Ltd, the Bermudian-based reinsurer, has reported a first-quarter net loss attributable to common shareholders of $394.4 million. That compares with a net loss of $290.9 million in the first quarter of 2021. Operating income att...

Bermudian-based re/insurer RenaissanceRe Holdings Ltd has reported an annual net loss attributable to common shareholders of $73.4 million in 2021 as weather-related large losses took their toll. Those losses contributed a $962.1 million net negative...

Ariel Re, the Bermudian-based reinsurer, has appointed Apryle Oswald to the newly created role of chief analytics officer. Ms Oswald, whose appointment is effective on Monday, will be based in Ariel Re’s Bermuda office. The reinsurer also has offices...

Flooding will become a major problem for Bermuda as global warming increases, a risk analyst warned yesterday. Angela A’Zary, the senior vice-president of client risk analytics at reinsurance firm RenaissanceRe, said that flood-prone areas such as M...

Winter Storm Uri, which brought widespread snow and ice to Texas in February, had a significant negative impact on RenaissanceRe's first quarter performance, alongside large mark-to-market losses on its investment portfolio. The reinsurer reported a ...