The Bermuda Monetary Authority has cancelled the insurance registration of Signify Insurance Ltd, a Class 1 insurer, for breaches of the Insurance Act 1978.
The BMA said that exercising its powers to ...
Industry veteran Ian Parker has been appointed group chief executive officer at Catalina Holdings (Bermuda) Ltd.
Mr Parker succeeds Bruce Hemphill, who stepped in as interim CEO from the role of non-...
The sale of managing general agency Velocity Risk Underwriters LLC by Bermudian-headquartered ILS fund manager Nephila Capital has closed.
The catastrophe-focused property and specialty insurance risk...
AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “A-” (Excellent) to recently established Bermudian-based reinsurer Sutton Life Re Ltd.
The ou...
Ralph Renner has joined as partner and head of origination at Parameter Climate, the full-service parametric climate underwriting, advisory and distribution firm that is part-owned by Bermudian-headqu...
Bermudian-based Nordic American Tankers Limited, the oil tanker company, has sold its second Suezmax tanker in five months.
The company, which is adjusting its fleet, has sold the 2002-built Nordic Mi...
AM Best has released a new methodology, Best’s Performance Assessment for Delegated Underwriting Authority Enterprises.
In this methodology, AM Best introduces the Best’s Performance Assessment, which...
Bittrex Global, which has operations in Bermuda and Liechtenstein, has launched Bittrex Global Starting Block, a new initial exchange offering (IEO) platform.
Announcing the news in the Liechtenstein ...
Concert Group Holdings Inc, the new business dedicated to insurance fronting, has appointed Suzanne Fetter to the newly created position of vice-president, claims.
Ms Fetter, who will report to Concer...
