6748 results returned for search: "" category "Business" author Business Staff
AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of XL Bermuda Ltd (AXA XL) (Bermuda) and its subsidiaries. The outlook of these Credit Ratings (ratings) is stable.
The rat...
DATE: Sep 20, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda-headquartered investment management firm DigitalArray ISAC Ltd has announced the inception of its DigitalArray fund platform.
The company said the platform enables select investment firms in the digital asset space to launch new funds quickly...
DATE: Sep 20, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
AM Best has upgraded the Long-Term Issuer Credit Ratings to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Ascot Bermuda Limited, as well as Ascot Insurance Company and Ascot Specialty Insurance C...
DATE: Sep 17, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
HSCM Bermuda is among the lead investors in a $75 million capital raise by Gracie Point Holdings, LLC, the global provider of life insurance premium finance.
Gracie Point said lead investors in the issuance of preferred equity were affiliated with Hu...
DATE: Sep 17, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Eleven young Bermudians have graduated from the Summer Student Entrepreneurship Programme presented by the Bermuda Economic Development Corporation.
The eight-week SSEP is designed to develop young Bermudians into the island’s next wave of entreprene...
DATE: Sep 17, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, and Boston-headquartered Corvus Insurance have announced a strategic investment and multi-year underwriting capacity partnership.
Corvus is a provider of smart commercial insuran...
DATE: Sep 17, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda-based Apex Group Ltd, the global financial services provider, has agreed a joint venture with UK-headquartered financial services firm VCP Advisors, to create Apex VCP.
Apex said VCP Advisors is a provider of financial, advisory and capital r...
DATE: Sep 17, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Harvard Business School professor Francesca Gino is to be the keynote speaker at the annual conference of the Bermuda International Long Term Insurers and Reinsurers.
Biltir said Professor Gino is an expert on the psychology of organisations and auth...
DATE: Sep 17, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda-headquartered specialty re/insurer Hamilton Insurance Group Ltd has appointed Kevin Marzec as head of management liability for its US excess and surplus business.
Reporting to Clay Rhoades, president, US E&S, the company said Mr Marzec joined...
DATE: Sep 17, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Fitch Ratings has maintained the 'BBB' insurer financial strength rating for Bermuda-based Aspida Life Re Ltd. on rating watch negative.
The rating notice continues to reflect Fitch's expectation that the life writer’s IFS rating will either be maint...
DATE: Sep 17, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff