Log In

Darag Group, the international legacy specialist with an office in Bermuda, has announced that its German insurance carrier, Darag Deutschland AG, has received court approval to complete a Part VII transfer with China Taiping Insurance (UK) Co Ltd, a...

The Bermuda Monetary Authority and two of its employees are being sued for damages of $25 million by a Delaware-domiciled company over allegations relating to its application to acquire a controlling interest in Bermuda’s Citadel Reinsurance Company ...

A Bermuda company, Lancashire Holdings Limited, and its Bermuda insurer are facing a negative outlook for ratings issued by credit rating agency AM Best. Although recognising several positive attributes of performance and management processes, the ag...

Counterpart, the Los Angeles-based management liability insurtech, has added miscellaneous professional liability insurance to its existing suite of management liability products and services available to small businesses through Counterpart’s wholes...

Sompo International Holdings Ltd, the Bermudian-based global provider of commercial and consumer property and casualty re/insurance, has appointed Ron Willett as executive vice-president, field management for the North America region, Commercial Insu...

A major market for Bermuda’s reinsurers, Florida, is in danger of becoming largely uninsured if legislators there do not make the right decisions, according to one top-level British insurer. Patrick Tiernan, Lloyd’s chief of markets, this week told ...

Bermudian-based Convex Re Limited has appointed Paul Simons as deputy chief executive officer and has promoted Richard Slater to chief underwriting officer. Both will assume their roles this month and will be based on the island. They will report to ...

Hurricane Ian and other extreme weather events such as the winter storms in Europe, flooding in Australia and South Africa as well as hailstorms in France and in the US resulted in an estimated $115 billion of natural catastrophe insured losses this ...

Axis Capital Holdings Limited's environmental business unit has launched a Specialty Package Policy for manufacturers. The SPPm policy covers a range of general and environmental liability exposures facing manufacturers, all in one integrated insuran...

Brian First has been promoted to president of Arch Insurance North America. He was promoted from chief underwriting officer of programmes, property and specialty, and will continue to report to Matt Shulman, CEO of Arch Insurance North America. Mr Fi...