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Confirmation follows press reports that the Bermudian-domiciled insurer was planning an initial public offering in New York

Industry veteran previously worked at CNA/Hardy, where he was European head of marine insurance

Stellar Insurance’s strong operating results are driven by a five-year weighted average combined ratio of 20.7 per cent

The agreement includes the Bermudian-based company’s first block transaction in Japan

Offering of 5.875 per cent senior unsecured notes is expected to close on Tuesday

The agency said each of the company’s component groups benefit from the financial flexibility provided by Chubb Limited, the publicly traded ultimate parent

Incoming CEO is to succeed Amélie Breitburd, who departs the organisation on December 31

The economic contribution to Bermuda of international insurers and reinsurers was 13 per cent higher this year, and the organisation hints at how much more valuable it can become

Concert group creates COO position as part of plan for profitable growth and development in the fronting sector

Subsidiary of Bermudian-based holding company has insured $800 million of senior special facilities revenue bonds