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Axa XL has promoted Kareen Richardson to head of healthcare in its Bermuda insurance excess casualty business. Ms Richardson, who has more than 27 years of experience in the insurance industry in both casualty/healthcare underwriting and broking role...

Analysts expect a strong financial year from Bermuda registered International General Insurance Co Ltd, fuelled by factors including excellent underwriting profitability. IGI and its subsidiaries have just had their excellent credit ratings affirmed ...

Mosaic Insurance is ramping up its global growth plan with the opening of an office in Frankfurt to meet high demand for cyber and transactional liability coverage through continental Europe. The office marks the sixth for the Bermudian-based global ...

Conduit Re, the Class of 2020 Bermudian-based pure play treaty reinsurer, has appointed Peter Kiernan as head of property underwriting. Mr Kiernan, who is currently head of US property with Axa XL Reinsurance in Bermuda, will take up the role with Co...

Fidelis Insurance Holdings Limited has received all necessary regulatory approvals for a groundbreaking transaction that creates a new managing general underwriter separate from the existing balance sheet insurance companies. The privately owned Berm...

Axa XL has appointed Vanessa Leemans as head of cyber, UK & Lloyd’s, effective immediately. Ms Leemans will be responsible for leading Axa XL’s cyber business in the UK and driving its strategic, profitable development. Andrew Underwood, chief underw...

Bermudian-based Sompo International Holdings Ltd has appointed Glen Bronstein as executive vice-president and head of insurance claims for the North America Region – Bermuda, Canada, Mexico and the United States. The specialty provider of property an...

Restricting capacity has led Fitch Ratings to forecast a double-digit bump in reinsurance rates for the property catastrophe business at January renewals, significant as some 60 to 70 per cent of non-facultative reinsurance business is up for renewal...

International specialty insurer and reinsurer Axis Capital has made a $15,000 donation to the educational non-profit Peak Potential Bermuda, for Scholars Bermuda, a learning centre that offers tutoring support for children of all ages. Peak Potential...

Bermuda-based special-purpose insurer Herbie Re Ltd has listed $80 million worth of notes on the Bermuda Stock Exchange. The Series 2022-1 notes are due on January 8, 2027, the BSX said in a statement. The listing sponsor is Clarien BSX Services Ltd...