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Ratings agency AM Best has affirmed the financial strength ratings of A- (excellent) and issuer credit ratings of “a-” of the life/health and property/casualty operating subsidiaries of Colonial Group International Ltd. The outlook for all ratings i...

Bermuda-based Catalina Holdings has agreed to acquire run-off vehicle KX Reinsurance Company Ltd from Tawa plc in a deal worth at least $28 million. This is Catalina’s second acquisition announcement in the third quarter after it agreed to buy the Ir...

Cases of ID theft, hacking and subsequent reputation damage are on the rise — particularly through social media websites like Facebook and Twitter. But a London-based privacy firm has come up with a solution — insurance protection. Hundreds of thous...

Everest Re has appointed to new members to its board of directors. Joining the board of the Bermuda-based reinsurance company effective September 19 are John Amore and Dominic Addesso. “We are extremely fortunate to continue to attract such talent t...

There’s further evidence of why reinsurance and insurance linked securities (ILS) are such a popular investment strategy right now. CATCo Investment Management, a Bermuda-based reinsurance-linked investment business who manages about $2 billion of r...

XL Group yesterday announced the opening of a new insurance office in Lyon, along with the appointments of Auberi Etienne and Clotilde Bartok. Mr Etienne has been appointed as senior casualty underwriter and Mrs Bartok joins as property underwriter. ...