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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 Bermudian-based Through Transport Mutual Insurance Association Limited (TTB) and its UK-based subsidiary, TT Club Mutu...

Global Atlantic Financial Group, the financial services company, has announced its second reinsurance transaction in Asia, signing an asset-intensive flow reinsurance transaction with a leading Singapore-based insurance company. This deal, executed t...

The Bermuda Captive Conference, the island’s largest and longest-running industry event, is returning to the live stage in September. Registration is open now for the hybrid event, which will be held from September 12 to 14 at the Hamilton Princess, ...

SiriusPoint Ltd, the Bermudian-headquartered global specialty re/insurer, has announced a strategic partnership with Garentii, a tech-enabled managing general agent providing digital home rental insurance. As part of the partnership, SiriusPoint will...

Three Bermudian university students who are considering a career in the international insurance industry have been chosen to participate in the Chubb Select Internship Programme. The three students selected are Asia Atienza, University of Kent; Sophi...

Dan Linden is stepping down from his position as CEO of Darag North America, the Bermuda and US arm of Darag Group Ltd, the international legacy specialist. Tom Booth, Darag group CEO, said: “We are sad to say goodbye to Dan Linden, who has been extr...

Ascot Group, the Bermudian-based re/insurer, has appointed Brian Chiolan as executive vice-president, management & professional liability. In the newly created position, Mr Chiolan will have oversight responsibility for Ascot’s US management liabilit...

Bermudian-based Axis Capital Holdings Limited has announced sweeping changes to its operation as it shifts its focus to specialty underwriting. A series of moves announced today include: •Appointing Vince Tizzio as CEO Specialty Insurance and Reinsur...

Jesse DeCouto has been promoted to the position of chief underwriting officer at Bermudian-based Validus Re, the reinsurance arm of AIG. Mr DeCouto will be responsible for global underwriting oversight, including inward reinsurance underwriting and o...

Darag Group, the international legacy specialist with an office in Bermuda, has appointed Rob Samuel as group chief operating officer. The company said Mr Samuel has more than 20 years of experience in the insurance market, spanning roles at Marsh, A...