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Mosaic Insurance has launched a podcast series exploring the impact fast-changing risks are having on people, businesses and global economies. The Mosaic Moment series offers informed insights on economic and geopolitical themes affecting the commerc...

Strategic Risk Solutions, the independent insurance company managers with an operation in Bermuda, has acquired Southern Cross, an insurance management services provider based in South Africa. Terry Petyt, the founder and CEO of Southern Cross, joins...

International General Insurance Holdings Ltd has signed a non-binding letter of intent to acquire Energy Insurance Oslo AS, a Norwegian managing general agency. The Bermudian company said the proposed transaction includes the acquisition of 100 per c...

James River Group Holdings Ltd, the insurance holding company based in Bermuda, has reported second-quarter net income available to common shareholders of $5 million. That compares with net income of $20.8 million for the second quarter of 2021. Adju...

RiverStone International, the acquirer and reinsurer of legacy and discontinued insurance business with an office in Bermuda, has announced that Mike Cain has joined the company as group head of legal and company secretary. The company said Mr Cain i...

An American biosciences company has launched Aanika Re in Bermuda with initial backing from Adit Ventures, the global venture capital firm. Aanika Biosciences was accepted into the Bermuda Monetary Authority’s “innovation hub” earlier this year, maki...

Ascot has announced the launch of a marine cargo and war facility which will provide coverage for vital grain and food products transitioning through safe corridors established by the newly signed Black Sea Treaty between Russia and Ukraine. Placed b...

The announcement by Bermudian-based Fidelis Insurance Holdings Limited that it is to create a managing general underwriter has impacted the ratings of the company and its subsidiaries with AM Best. The ratings agency has placed under review with nega...

The Bermuda International Long Term Insurers and Reinsurers organisation has formed a global advocacy committee to engage on international issues that affect the island’s life insurance sector. The committee will interact with regulators, governments...

The war in Ukraine and investment losses knocked the half-year results for Conduit Holdings Ltd to a comprehensive loss of $61.4 million. This included the $24.6 million estimated loss in relation to Ukraine (net of reinsurance and reinstatement prem...