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Radnor Re, a Special Purpose Insurer, has funded reinsurance obligations through the issuance of four classes of mortgage insurance-linked notes

Mr Simmons is chairman and chief executive officer at advisory firm Rose Investment Limited and chairman of the Bermuda Public Funds Investment Committee

Thirty-seven insurers and four intermediaries have been registered this year

The company will pursue legal action where necessary and take steps to recover damages

The company said its acquisition of Argo Group remains on track to close in the second half of 2023

Peter Spires is to pursue fresh challenges in the Lloyd’s market, the organisation said

Holding company includes Build America Mutual, Ark, Kudu Investment Management and MediaAlpha

A director of the company is installed as interim chief executive as the company seeks to put recent problems behind it

Half-a-dozen Bermuda companies are listed among the top 20 global reinsurers

Bermudian-based holding Assured Guaranty Ltd has reported net income attributable to AGL of $125 million for second quarter 2023. It compares with a net loss of $47 million in the prior-year quarter for the leading provider of financial guaranty insu...