Symetra Financial Corporation, a wholly owned subsidiary of Sumitomo Life Insurance Company, has established Symetra Bermuda Re Ltd.
The new operation will reinsure certain risks of Symetra Life Insur...
Shareholders at a special general meeting of Frontline Ltd have approved the Bermudian-based shipping company’s redomiciliation to Cyprus.
Frontline is engaged primarily in the ownership and operation...
Axa XL Reinsurance has appointed Tristan Abend to the newly expanded position of head of property, responsible for both US & International business in Bermuda.
The company said Mr Abend has worked as ...
RiverStone International has entered into loss portfolio transfer reinsurance agreements with affiliates of Axis Capital Holdings Limited, which cover several of its professional lines and liability i...
AM Best has assigned ratings to two reinsurers domiciled in Bermuda.
The ratings agency assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a+” (Excellent) t...
Sompo International, the Bermudian-based global provider of commercial and consumer property and casualty re/insurance, has completed the transfer of its Endurance at Lloyd’s run-off business to River...
Bermuda insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, the news agency Reuters is reporting.
Specialist underwriters here and in the Lloyd’s of Lon...
PhysioActive is to expand its practice next month with the hiring of physiotherapist Stephen Lightbourne to the rehabilitative clinic and gym.
Mr Lightbourne brings eight years of experience to the pr...
A staff donation drive at the Bermuda Monetary Authority has collected more than 350 items of clothing and supplies for the residents of six government-run nursing homes across the island.
The donatio...
