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Long Walk Reinsurance Ltd issued $75 million of Series 2024-1 Class A notes, maturing January 2026

The agency said Conduit Re has experienced a favourable reception from the market since its launch in December 2020

Employees visited Bermuda’s rest homes across the island to give back to seniors

New appointee will be responsible for leading Arch Re’s insurance-linked securities business development efforts

The appointment of the highly regarded Rajeev Suri comes as bondholders wipe out close to $1.7 billion worth of company debt in exchange for a majority stake

The company updated its full-year market guidance, with the adjusted ebitda range now $485 million to $505 million

The company plans to use the new credit facilities to support its accelerated beta roll-out of its next-generation data infrastructure

The board has declared a dividend of $0.50 per share or $38.3 million for the third quarter

The company said the portfolio will focus on the niche classes of credit, mortgage and surety reinsurance

The board has declared a dividend for Q3 of $0.41 per share, to be paid to shareholders of record on December 7