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Bermudian-based Ascot Group, the global specialty re/insurer, has launched a new US Marine Insurance structure under the leadership of Tom Nasso, its executive vice-president. The company said that the new insurance division will combine Ascot’s US O...

Axa XL Reinsurance has appointed Peter Kiernan as head of US property, Bermuda reinsurance. Mr Kiernan, who will be based on the island, replaces Simon Penney, who has relocated to London to take up a new global role as head of underwriting analytics...

Paul O’Shea, president of Enstar Group Limited, is to retire next March after 28 years serving the company and its predecessor, Castlewood Limited. The Bermudian-based insurer said Mr O’Shea will remain as a member of the board of directors of Enstar...

Mosaic Insurance has been recognised for its ground-breaking insurtech platform that is innovating risk management, streamlining industry processes and improving operational efficiency. The Bermudian-based specialty insurer was named Midsize Property...

Marsh McLennan has extended its dominance as the world’s largest re/insurance broker, generating revenues of $19.8 billion in 2021, according to the industry website Reinsurance News. The website’s directory of the Top 20 global insurance and reinsur...

KBRA has affirmed the BBB+ issuer rating of Hamilton Insurance Group Ltd (Hamilton Group), a Bermuda-based holding company, and the A insurance financial strength rating of Hamilton Re Ltd, Hamilton Group’s lead operating company. The outlook for th...

Property, commercial and speciality re/insurer IQUW, which has a presence in Bermuda, has appointed RQA Group to be its retained crisis consultants globally for its recently launched specialty product recall cover. The company said that RQA Group wil...

Bermudian-based insurance executive David Rocke has been appointed group head of M&A at RiverStone International, the industry-leading acquirer and reinsurer of legacy and discontinued insurance business. The company said Mr Rocke will continue his r...

Four Bermuda Foundation for Insurance Studies scholars flew to London on the weekend for an intensive two-week internship. They visit 18 (re)insurance companies and other related organisations during the fortnight, participate in presentations, meet...

The credit ratings of BF&M Limited and its insurance subsidiaries remain unchanged following the company’s announcement of a strategic review, AM Best has reported. The ratings agency’s report includes subsidiaries BF&M Life Insurance Company Limited...