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Agreement reinsures a seasoned and diversified block of Manulife’s life, annuity, and long-term care insurance business

Coverage highlights include first-party cyber coverage, broad mitigation and cost of correction coverage and broad third-party crime coverage

New director recently concluded a 30-year career with the company

A Best publication highlights how life and annuity insurers are turning to Bermuda as a place to start new entities

There was no trading on the Bermuda Stock Exchange on Thursday

AM Best has upgraded CG United’s financial strength rating, two years after it was acquired by CG Group

Jill Beggs becomes Reinsurance EVP and chief operating officer of the Reinsurance division and Jiten Voralia takes on the role of head of North America Treaty Reinsurance

Details of transaction revealed in Montreal-based parent company’s report for fiscal 2023

Peter Burrows is to step down as the chairman of UIL and Peter Durhager is to join the board

She succeeds Sir Brian Williamson as senior independent director