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Bermudian-based R&Q Insurance Holdings Ltd has reported an 82 per cent year-over-year increase in gross written premium for the first half of 2022. The non-life global specialty insurance company focusing on programme management and legacy insurance ...

AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Bermudian-based Golden Tree Reinsurance Limited. The outlook of the credit ratings is stable. Golden Tree is a subsidiary of Ir...

Assured Guaranty Ltd, the bond insurer based in Bermuda, has reported a net loss of $47 million for the second quarter of the year. That result includes after-tax losses of $63 million related to foreign exchange remeasurement, $27 million on alterna...

Essent Group Ltd, the mortgage re/insurer based in Bermuda, has reported net income for the second quarter of $231.8 million. That compares with net income of $159.8 million for the same quarter a year ago. Mark A Casale, chairman and chief executive...

Palomar Holdings Inc, the parent company for subsidiaries including island-based Palomar Specialty Reinsurance Company Bermuda Ltd, has reported net income of $14.6 million for the second quarter. That compares with net income of $12.3 million for th...

Giovanni Hollis, a Bermudian university student, has been awarded the 2022 BFIS CG Insurance Alan Peacock Scholarship. The award is valued at $25,000 for two academic years, totalling $50,000. Mr Hollis is a junior at Northeastern University, pursuin...

Convex Group Limited, the Bermudian-based international specialty re/insurer, has acquired a strategic 7.7 per cent share in Quotech, the underwriter-led insurtech that creates practical systems for specialty insurers, brokers and MGAs. Quotech annou...

SiriusPoint Ltd, the Bermudian-headquartered global specialty re/insurer, has reported a net loss of $61 million for the second quarter of the year. That result takes the company’s net loss for the first half of 2022 to $278 million. The company had ...

Bermudian-based Fidelis Insurance Holdings Limited has become a member of ClimateWise, the climate change initiative. ClimateWise represents a global network of leading insurers, reinsurers, brokers and industry service providers. The organisation sh...

Newly released figures from PartnerRe show that the company lost more than $1.1 billion in the first half of the year. According to the latest report, the net loss was driven by unrealised losses on fixed maturities of $591 million and $1,413 million...