6853 results returned for search: "" category "Business" author Business Staff
Bermudian-based life reinsurer and retirement services company Athene Holding Ltd and its subsidiaries have received credit ratings upgrades from Fitch Ratings.
Fitch upgraded the Insurer Financial Strength ratings of Athene Annuity & Life Assurance...
DATE: May 25, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Sompo International Holdings Ltd, the specialty property and casualty re/insurer based in Bermuda, almost doubled its adjusted profit for the fiscal year ended March 31, moving from $248.5 million in the prior year to $483 million.
The performance of...
DATE: May 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Industry veteran Matthew Rohrmann has joined Bermudian-based re/insurer Everest Re Group Ltd as senior vice-president, head of investor relations.
Mr Rohrmann, who will report directly to Everest executive vice-president and CFO Mark Kociancic, succe...
DATE: May 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A wholly owned subsidiary of Bermudian-based insurer Enstar Group Limited has closed a previously announced agreement for a ground-up loss portfolio transfer with island-based Aspen Insurance Holdings Limited and its subsidiaries for their 2019 and p...
DATE: May 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Altamira Therapeutics Ltd, a Bermudian-headquartered biotechnology company, has reported promising results for trials of a nasal spray in reduction of an allergy.
Altamira, which says it is dedicated to developing therapeutics that address important...
DATE: May 23, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Catalina Holdings (Bermuda) Ltd has changed its management structure in an effort to increase its focus on global expansion.
The company, an industry leader in the insurance legacy retrospective space, said it will focus on growth while maintaining...
DATE: May 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of four subsidiaries of Bermudian-based Convex Group Limited.
Island-based Convex Re Limited (CRL), Convex Insurance UK Li...
DATE: May 20, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Somers Limited has reported a net loss of $46.9 million for the second quarter of its fiscal year as the company was buffeted by the severe downturn in global investment markets.
The Bermudian-based financial services investment holding company said...
DATE: May 20, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Rebecca H Tadikonda has been appointed executive vice-president, strategy and innovation at Bermudian-based Athene Holding Ltd.
Ms Tadikonda was formerly executive vice-president, head of MetLife Holdings.
In this newly created role, Athene said, Ms ...
DATE: May 19, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Carmen Trott has been promoted to principal engineer at iEPC Limited, the Bermudian-based engineering company announced today.
In her new role, Ms Trott will be responsible for managing the entire team of engineers at the company.
She said: “I am thr...
DATE: May 19, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
