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Kevin O’Donnell, the president and CEO of Bermudian-based reinsurer RenaissanceRe, has accepted the role of chair of Climate Wise. Acting in partnership with the University of Cambridge Institute for Sustainability Leadership, Climate Wise brings tog...

White Mountains Insurance Group Ltd has announced that HG Global Ltd has closed a $150 million, 10-year term loan credit facility with Hudson Structured Capital Management Ltd, conducting its re/insurance business as HSCM Bermuda, and Security Benefi...

AM Best has assigned a financial strength rating of A+ (Superior) and a long-term issuer credit rating of “aa-” (Superior) to Bermudian-based Wilton Re Overseas Limited. The outlook assigned to these credit ratings is stable. AM Best said the entity ...

Chubb Bermuda will serve as lead sponsor of Bermuda’s delegation to the Risk and Insurance Management Society’s annual conference in the San Francisco Bay Area from April 11-14, the Bermuda Business Development Agency has announced. RISKWORLD is the ...

Bermudian-based Axis Capital Holdings Limited has appointed Fintan Mullarkey as CEO of Axis Specialty Europe SE, subject to regulatory approval. ASE is Axis Capital’s specialty insurance legal entity domiciled in Ireland and regulated by the Central ...

Two lawyers working in the Bermuda office of international law firm Conyers have been promoted, one to partner/director and the other to counsel. Robert Alexander becomes a director in the corporate team and Jonathan O’Mahony becomes counsel in the l...

Fortitude Re has announced the signing and closing of a $4 billion reinsurance transaction between its subsidiary, Bermudian-based Fortitude Reinsurance Company Ltd, and Taiyo Life Insurance Company, a wholly owned subsidiary of Tokyo-headquartered T...

Bermudian-based AK Jensen Group, the provider of turnkey trading and infrastructure solutions for fund managers, has closed the acquisition of FMG Malta Ltd, a full-scope alternative investment fund manager for both traditional and crypto hedge funds...

The Lloyd’s market has appointed Schroders Solutions as the investment partner of its new investment platform. Lloyd’s said the open-architecture firm manages £150 billion of global assets for insurance companies and it has had longstanding partnersh...

Occam Underwriting, the London-based specialist lines-focused managing general agency, has completed the acquisition of Beech Underwriting Agencies Limited, having received the required approval from the Financial Conduct Authority in the United King...