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Bermudian-headquartered company reports all-time low combined ratio of 84.4 per cent

The Bermudian-domiciled financial services holding company reported income of $182 million for the first half of 2024

The awards were established in the early 1980s for academic studies leading to the award of an undergraduate degree in science, technology, engineering, and math

That figure compares with $159.2 million in the same period in 2023

The company is a life and annuity, Bermuda Class E reinsurer with a focus on managing longer dated run off liabilities

Twenty-five Bermudian students were awarded scholarships worth $750,000

Danielle Stewart and Brian Zink also named to top positions

Deal will allow seller to focus on its core European business

The deal sees 500 employees join Arch Insurance North America

The managing general agent is to focus on underwriting the full spectrum of renewable technologies