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Bermuda market veteran Barry Zurbuchen has been appointed as a non-executive director to the board of island-based Peak Capital Ltd, the wholly-owned subsidiary of the Hong Kong-based global reinsurer, Peak Reinsurance Company Limited. The appointmen...

Bermudian-domiciled Monument Re Group, the reinsurer and asset consolidator, has reached agreement with Zurich International Life Limited to acquire the closed book portfolio of ZILL’s Singapore long term life insurance business. Following Isle of Ma...

Axis Insurance, the specialty insurance business segment of Bermudian-based Axis Capital Holdings Limited, is combining its corporate accident and supplemental health benefits business under a new name, Axis Group Benefits. The Axis Group Benefits bu...

Poised for growth, a managing general agent backed by the Japanese multinational conglomerate holding company SoftBank Group Corporation, is pioneering a new insurtech strategy. Envelop Risk has launched a Class 3A reinsurer Augmented Re in Bermuda a...

Gross written premiums were up by 92 per cent for the first three months of the year in the programme management business of Randall & Quilter Investment Holdings Ltd, the Bermudian-based non-life global specialty insurance company. R&Q, which also f...

Bermudian-based Charles Craigs has been promoted to group head of reinsurance at Canopius Group, the global specialty re/insurer with an operation on the island. The move comes as the Jersey-domiciled group makes senior appointments and reorganises i...

AM Best has affirmed the financial strength ratings of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of Bermudian-based BNY Trade Insurance Ltd and The Hamilton Insurance Corp, based in Melville, New York. Both are single-...

The insurance division of Bermudian-based Everest Re Group Ltd has expanded into Latin America after receiving regulatory approval to operate in Chile. Everest Insurance will do so under the name Everest Compañía de Seguros Generales Chile S.A. Senio...

The refusal by shareholders to sanction the sale of Bermudian-based Randall & Quilter Investment Holdings Ltd has had a negative impact on the ratings assigned to the company and three of its subsidiaries by AM Best. The ratings agency has revised th...

AM Best has affirmed the financial strength ratings of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of Aspen Bermuda Limited (ABL) and three related companies -- Aspen Insurance UK Limited (AIUK), Aspen American Insurance ...