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AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-based Group Ark Insurance Limited. Gail is a wholly owned subsidiary of Ark Insurance Holdings Limited, the non...

Bermudian-based Athora Holding Ltd has completed its third capital raise, securing a total of approximately €2.75 billion of additional permanent equity capital commitments from new and existing shareholders. The total raised includes commitments of ...

Simply Business LLC, a Boston-based digital insurance company focused on small businesses, has announced a partnership with specialty insurer Arch Insurance to offer monoline professional liability solutions to small business owners in the United Sta...

AM Best has assigned the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) to Bermudian-based Legal & General Reinsurance Company No. 2 Limited. The outlook assigned to these credit ratings is stable...

Argo Group International Holdings Ltd has confirmed that a dissident investor has withdrawn its nomination of candidates Ronald Bobman and David Michelson for board seats in the Bermuda-headquartered insurance group. Capital Returns previously nomina...

Concert Group Holdings Inc has appointed John Hendrickson as chief executive officer. Mr Hendrickson, who will take up his new position on January 1, succeeds Jonathan Reiss, who assumed the role of CEO at Concert’s inception in 2021. “We’re delighte...

Acrisure, a fast-growing fintech leader that operates a top-ten global insurance broker and the largest independent real estate services company in the United States, has announced the members of its insurance leadership team reporting to Grahame Mil...

Evertas, the American crypto asset insurer with an island-based subsidiary licensed by the Bermuda Monetary Authority, has successfully closed a series A financing round that raised $14 million. In addition to $5.8 million seed financing, that puts t...

The moves to reduce the risk profile, improve earnings and reinforce capital adequacy has factored in the decision of Moody's Investors Service to affirm the A3 financial strength ratings of the insurance businesses of Aspen Insurance Holdings Limite...

The Association of Bermuda Insurers and Reinsurers CEO, John Huff, is in Tampa, Florida this week for the National Association of Insurance Commissioners Fall National Meeting. Mr Huff is a past president of the NAIC, the US standard-setting body for...