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Sompo International, the Bermudian-based global provider of commercial and consumer property and casualty re/insurance, has appointed Ralph Brand as president, Continental Europe. In this role, Mr Brand will oversee Sompo International’s strategy in ...

Compre, the Bermudian-headquartered international legacy group, has appointed Jonathan Zisaruk to the newly created role of executive director – capital, planning and projects, effective September 5. Mr Zisaruk will be responsible for strategic capit...

Member companies of the Association of Bermuda Insurers and Reinsurers recorded a robust 21 per cent year-over-year increase in net premium written in 2021, the organisation reported. Abir’s global underwriting report, released yesterday, comprises d...

Risk, capital and strategic adviser to the (re)insurance industry, TigerRisk Partners LLC, has appointed Mitchell Rosenberg as partner and managing director of its investment banking division, TigerRisk Capital Markets & Advisory. Mr Rosenberg will r...

Everest Reinsurance, the reinsurance division of Bermudian-based Everest Re Group Ltd, has appointed Kevin Bogardus as senior vice-president, head of business development Asia Pacific, effective September 8. He will be based in Singapore and report t...

Darag Group, the international legacy acquirer, has concluded a new agreement with an undisclosed captive insurance company. The transaction structure was a novation of its 03-06 and 15/16 policy years with primarily workers’ compensation reserves, a...

Sompo International, the Bermudian-based global provider of commercial and consumer property and casualty re/insurance, has sold its Endurance at Lloyd’s run-off business to RiverStone Holdings Limited (RiverStone International). Sompo said that it e...

The value of global investments into insurtech plummeted by nearly 80 per cent in 2021, a report by London-based data and analytics company GlobalData Technology has revealed. The organisation said the 79.6 per cent drop in investments last year has ...

Eighty-one per cent of businesses surveyed have a ransomware coverage limit under $600,000 – or below last year’s median ransomware demand, a new report has revealed. BlackBerry Limited and Corvus Insurance have released the BlackBerry Cyber Insuranc...

AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Bermudian-based ASR Re Limited. The outlook of these credit ratings is stable. The ratings reflect ASR Re’s balance sheet stre...