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SiriusPoint Ltd, the global specialty re/insurer based in Bermuda, was among the participants in a $2.4 million seed extension funding round by LuckyTruck, the tech-enabled retail insurance agent focused exclusively on trucking. Led by Candid Insuran...

Compre, the Bermudian-headquartered international legacy group, has agreed to acquire the Irish subsidiary of Covéa, Medical Insurance Company DAC, which provided general liability insurance covering professional medical malpractice risks before ente...

Arch Capital Group Ltd has estimated pretax net catastrophe losses of $530 million to $560 million across the property casualty insurance and reinsurance segments in the 2022 third quarter. The Bermudian-based re/insurer said its quarterly results wi...

Chubb has named Bill Hazelton as executive vice-president, head of North America Industry Practices. In this newly created role, Mr Hazelton will lead the company's efforts to enhance delivery of comprehensive industry-focused insurance coverages, ri...

Industry veteran David Florian has been appointed chief executive officer at Aspida Life Re Ltd, the Bermudian-based life and annuity reinsurance company. The company said Mr Florian is a seasoned reinsurance professional with an impressive history o...

A two-day boot camp has just concluded for 32 businesses and charities that recently started Ignite Bermuda’s six-month programme, a formalised entrepreneurship curriculum. The second day concluded with a competition for participants to “pitch” their...

Canopius Group, the global specialty re/insurer, has appointed Coleman V. Johnson as chief underwriting officer, United States and Bermuda. Mr Johnson joins Canopius USA’s growing leadership team as the company continues its expansion in the US. He w...

Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, has appointed Oliver Brew in a new role as cyber practice leader in London. Keith Harrison, international CEO of Lockton Re, said: “We are...

Carnival Holdings (Bermuda) Limited, a subsidiary of Carnival Corporation & plc, has begun a private offering of $1.25 billion of senior priority notes due in 2028. The notes will be fully and unconditionally guaranteed on an unsecured basis, jointly...

The Bermuda Monetary Authority confirmed the registration of four insurers in September, taking this year’s number of new registrants to 56. The BMA approved two Class E insurers, AeBe ISA Ltd and Agam Bermuda ISAC Ltd, as well as Kemper Bermuda Ltd ...