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Two bond insurance subsidiaries of Assured Guaranty Ltd have resolved their exposure to bonds, as the Puerto Rico Highways and Transportation Authority exited from bankruptcy last week. On December 6, the Modified Fifth Amended Title III Plan of Adju...

The Argus Group has announced continued support of the Open Airways Spacer Programme with a donation of $8,360. This is the fourth year Argus has supported the charity’s pledge to distribute at least 1,000 spacers, which cost between $12.50 and $21.5...

Bermudian-based Axis Capital Holdings Limited has appointed Andy Maher as head of cyber and technology, London. In his new role, Mr Maher leads the London-based team of underwriters and will focus on developing the team and enhancing the range of pro...

The board of directors of Bermudian-based Axis Capital Holdings Limited has authorised the repurchase of up to $100 million of the company’s common shares. The company said the repurchases may be effected from time to time in the open market or priva...

The collapse of FTX, the Bahamas-headquartered crypto currency exchange, highlights the importance of effective corporate governance, including in the insurance industry, a leading credit ratings agency has said in a commentary. In Corporate Governan...

Mosaic Insurance, the Bermudian-based global specialty insurer, has launched a pioneering platform powered by California-based Safe Security to help underwriters to evaluate cyber risk for brokers and insureds. Mosaic leverages Safe Security’s award-...

SiriusPoint Ltd, the global specialty re/insurer based in Bermuda, has appointed Rob Gibbs as president of its international business and to CEO of SiriusPoint International Insurance Corporation. Based in London, he will be responsible for driving g...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Brit Reinsurance (Bermuda) Limited. The outlook of these credit ratings is stable. The ratings reflect Brit Re’s balance ...

Bermudian-based Sompo International, the global provider of commercial and consumer property and casualty re/insurance, has appointed Lawrence Doyle as chief operating officer, Global Markets. He will report to Julian James, Sompo International’s CEO...

The credit ratings of Bermudian-based Fidelis Insurance Holdings Limited and its subsidiaries remain under review with negative implications, AM Best has said. The ratings agency said Fidelis has received regulatory approvals for the separation of it...