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Bermuda-based Armour Group has announced that an affiliate has completed a majority investment in Secure Legal Title Limited (SLT). Armour Group is a group of insurance, reinsurance, investment management and service companies which specialise in the...

A new Bermuda ILS (Insurance Linked Securities) fund manager, Eastpoint Asset Management, has launched a new $40 million ILS fund aimed at Asian investors. The Asuka ILS Opportunities Fund is to be administered by ILS Fund Services, the joint venture...

The Bermuda Chamber of Commerce has announced the introduction of their new universal healthcare plan, aimed at significantly reducing the cost of major medical insurance for their small to mid-size members. "We are delighted to have partnered with ...

Shareholders of Flagstone Re will vote on the firm's proposed takeover by larger rival Validus at an extraordinary general meeting on November 28. Validus announced a bid for the Luxembourg based firm in late August, offering $623 million. Validus ch...

Bermuda-based Alterra has announced a number of changes within its reinsurance division. The company says effective immediately, Greg Haft will be managing director — head of US property catastrophe underwriting, Peta White will be managing director...

Bermuda-based Armour Group yesterday announced that an affiliate had agreed to acquire the run-off business of OneBeacon. OneBeacon, whose holding company is in Bermuda and which is three-quarters owned by Bermuda-based White Mountains Insurance Grou...

British insurance broker Jardine Lloyd Thompson (JLT) is expected to deliver lower profits from its reinsurance business this year because a number of major insurers were passing on less risk thank in 2011. “We have experienced some large primary ins...