The Karen Clark & Company flash estimate puts the insured loss from Hurricane Nicholas close to $950 million, after half a million people lost electricity to their homes earlier this month.
Based on t...
AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of XL Bermuda Ltd (AXA XL) (Bermuda) and its subsidiaries. The outlook of...
Bermuda-headquartered investment management firm DigitalArray ISAC Ltd has announced the inception of its DigitalArray fund platform.
The company said the platform enables select investment firms in t...
AM Best has upgraded the Long-Term Issuer Credit Ratings to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Ascot Bermuda Limited, as well as Ascot...
HSCM Bermuda is among the lead investors in a $75 million capital raise by Gracie Point Holdings, LLC, the global provider of life insurance premium finance.
Gracie Point said lead investors in the is...
Eleven young Bermudians have graduated from the Summer Student Entrepreneurship Programme presented by the Bermuda Economic Development Corporation.
The eight-week SSEP is designed to develop young Be...
SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, and Boston-headquartered Corvus Insurance have announced a strategic investment and multi-year underwriting capacity partnership...
Bermuda-based Apex Group Ltd, the global financial services provider, has agreed a joint venture with UK-headquartered financial services firm VCP Advisors, to create Apex VCP.
Apex said VCP Advisors ...
Harvard Business School professor Francesca Gino is to be the keynote speaker at the annual conference of the Bermuda International Long Term Insurers and Reinsurers.
Biltir said Professor Gino is an ...
Bermuda-headquartered specialty re/insurer Hamilton Insurance Group Ltd has appointed Kevin Marzec as head of management liability for its US excess and surplus business.
Reporting to Clay Rhoades, pr...
