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Bermudian-based Athora Holding Ltd has secured more than €2 billion of additional permanent equity capital commitments from new and existing shareholders, including commitments of €600 million received in December 2021. This is Athora’s third capital...

Bermudian-headquartered Hiscox Ltd, the international specialist insurer, has reported a 6.3 per cent increase in group gross premiums written for the first nine months of the year. Hiscox Re & ILS gross premiums written of $1.067 billion (2021: $806...

Arch Capital Group, the Bermudian-based re/insurer, has joined the Standard and Poor’s 500. The company replaced the social media platform Twitter, recently acquired by entrepreneur Elon Musk. Shares of the insurance company rose more than 8 per cent...

Essent Group Ltd, the mortgage re/insurer based in Bermuda, has reported net income for the quarter ended September 30 of $178.1 million. That compares to $205.4 million for the third quarter of 2021. New insurance written for the third quarter was $...

Bermudian-based Enstar Group Limited has reported a third-quarter net loss of $444 million. That compares with a net loss of $196 million for the three months ended September 30, 2021. The company has reported a net loss of $1.2 billion for the first...

SiriusPoint Ltd, the global specialty re/insurer based in Bermuda, is scaling back its property catastrophe reinsurance platform by closing three offices and reducing its footprint in two more. The company said it is closing underwriting offices in H...

A Canadian news outlet has targeted a billionaire family for its use of “an offshore insurance company that allowed them to move millions of dollars in profits out of Canada and into the ‘tax haven’ of Bermuda”. But the extensive article refers to no...

James River Group Holdings Ltd has reported a third-quarter net loss available to common shareholders of $7.2 million (2021 Q3: $23.9 million). Net written premium grew 20.3 per cent due to increased net retention in the E&S segment; E&S renewal pric...

Bermudian-based Talcott Financial Group, an international life insurance group, has completed its previously announced reinsurance transaction between its subsidiary, Talcott Resolution Life Insurance Company, and The Guardian Insurance & Annuity Com...

Bermuda reinsurer RenaissanceRe Holdings Ltd. has posted a third-quarter net loss of $825.3 million. The company said Hurricane Ian and certain other catastrophe events contributed to a $648.4 million net negative impact on the net loss attributable ...