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AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of the operating subsidiaries of Bermudian-based Axis Capital Holdings Limited. The ratings agency also affirmed the long-...

Five new interns joined two returning interns this summer at Liberty Mutual Bermuda. The company said candidates underwent a competitive application and interview process and were hand selected by department managers to bring valuable support to thei...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-based Rembrandt Insurance Company Ltd. Rembrandt is a captive re/insurer of Vitol Holding BV, a group engaged i...

A wholly-owned subsidiary of Bermudian-based Enstar Group Limited has signed an agreement for a loss portfolio transfer with island-based specialty insurance underwriter Argo Group International Holdings Ltd to reinsure a number of its direct US casu...

Bermudian-based Maiden Holdings Ltd has reported second quarter net income available to Maiden common shareholders of $25.8 million. That compares with net income of $26.8 million in the second quarter of 2021. Non-GAAP operating earnings were $16.6 ...

Enstar Group Limited, the Bermudian-based insurer, has reported net losses of $493 million and $775 million for the three and six months ended June 30, driven by unrealised losses on fixed-income securities in the rising interest rate environment. Th...

Bermudian-based Argo Group International Holdings Ltd has reported a net loss attributable to common shareholders of $18.9 million for the second quarter of the year. That compares to net income attributable to common shareholders of $67.1 million fo...

Texas-based National Western Life Insurance Company has announced the execution of an annuity reinsurance transaction with Aspida Life Re Ltd, a Bermudian-based reinsurer. The transaction was effective July 1. The reinsurance transaction is a strateg...

An authority on cyberterrorism, a former US National Security Agency counterterrorism chief, is one of the special guests at the Bermuda Captive Conference in September. Rachel Wilson, managing director, head of wealth management data security and in...

White Mountains Insurance Group Ltd, the financial services holding company domiciled in Bermuda, has reported comprehensive losses attributable to common shareholders of $174 million and $143 million in the second quarter and first six months of 202...