6856 results returned for search: "" category "Business" author Business Staff
Bermudian-based global insurance outfit Enstar Group Ltd and Stone Point Capital LLC have completed the previously announced sale of StarStone Underwriting Ltd, the Lloyd’s managing agency, and its managed Lloyd’s syndicate, 1301, to Inigo Ltd, a new...
DATE: Mar 16, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Sid Sankaran, chief executive officer and chairman of Bermudian-based international specialty insurance and reinsurance outfit SiriusPoint Ltd, rang the opening bell of the New York Stock Exchange today at 10.30am Bermuda time.
The company said the e...
DATE: Mar 16, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Axis Insurance, the specialty insurance business segment of Bermudian-based Axis Capital Holdings Ltd and Elpha Secure, a cyber security company built for the insurance industry, have announced a strategic partnership.
Axis said the partnership will ...
DATE: Mar 16, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The Argus Group is partnering with the Employee Assistance Programme of Bermuda to sponsor a series of webinars aimed at providing mental and emotional support to individuals dealing with elevated stress levels during the Covid-19 pandemic.
Looking f...
DATE: Mar 16, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Maiden Holdings Ltd has reported it turned a fourth quarter profit of $47.7 million, compared to a net loss of $21.5 million a year earlier.
The company said operating earnings were $45 million compared to an operating loss of $3.5 million for the sa...
DATE: Mar 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Independent specialist insurance and reinsurance broker Miller is to set up a new platform in Bermuda.
The company said the office will be led by industry veteran Charlie Simpson, who joins Miller as Head of Bermuda.
Miller said Mr Simpson will conce...
DATE: Mar 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-registered shipping and logistics company Ocean Wilsons Holdings Ltd reported profits after tax dropped 21.3 per cent or $13 million to $48 million in 2020, principally due to the impact of foreign exchange losses and increased income tax.
...
DATE: Mar 15, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
PartnerRe Ltd has raised $200 million through the issue of eight million 4.875 per cent preferred shares.
The Bermudian-based re/insurer said 4.875 per cent fixed rate non-cumulative redeemable preferred shares, Series J have a liquidation value of ...
DATE: Mar 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A subsidiary of Bermudian-based re/insurer Arch Capital Group has launched a new transport and logistics insurance division, which will be based in London.
ACG subsidiary Arch Insurance International said the unit will be led by insurance veteran St...
DATE: Mar 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Corporate services company Ocorian has named Damian Resnik as its new managing director in Bermuda.
Mr Resnik joined the group in June 2019 as client and operations director. A statement said Mr Resnik will continue to build on Ocorian’s presence in ...
DATE: Mar 15, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff