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Bermudian-based mortgage insurer Essent Group Ltd has obtained $424.4 million of coverage from Radnor Re, a special purpose insurer also domiciled on the island. Radnor Re is backed by insurance-linked notes with ten-year maturities. The senior notes...

The head of a Bermudian software engineering firm and a New York insurance lawyer will speak at a seminar on artificial intelligence and the insurance industry next week. Sandra De Silva, the founder, chief executive officer and chief software archit...

Britain would have to apply for regulatory equivalence — just as Bermuda has already successfully managed — in order for its insurers to access European Union markets on a level playing field with continental competitors, under the EU’s latest draft ...

Bermudian-based firms Everest Re Group and Hudson Structured Capital Management have agreed to work together. Everest will invest across several of HSCM’s investment funds and will be the anchor investor in HSCM’s new insurance technology strategy du...

Pembroke Managing Agency Ltd — part of Bermudian-based Ironshore — has been granted approval by Lloyd’s to establish and manage GIC Syndicate 1947. Lloyd’s has granted Syndicate 1947 permission to underwrite business, attaching on or after April 1, 2...

Bermudian-based insurer and reinsurer Argo Group has acquired Italian speciality insurer Ariscom. Last year Argo acquired reinsurer Ariel Re and added a new team of property underwriters from Ironshore. Mark Watson, chief executive officer of Argo Gr...

It has been a busy start to the year for mergers and acquisitions involving companies in Bermuda’s insurance space. In January, American International Group announced its $5.6 billion acquisition of Bermudian-based Validus. This was followed on Monda...

It is unlikely that there will be significant job losses in Bermuda’s insurance sector as a result of US tax changes, however direct investment flows from the US could fall. Those are among the thoughts presented by Moody’s Investors Service, part of...

Athene Holding Ltd has announced the pricing of an underwritten secondary offering of 10,320,544 of its Class A common shares at a price to the public of $49.70 per share. All of the shares are being sold by a subsidiary of Abu Dhabi Investment Autho...

Ironshore Inc has expanded its partnership between Bermudian-based Iron-Starr Excess Agency Ltd with Oil Casualty Insurance Ltd to underwrite property lines. Iron-Starr has underwritten coverages on behalf of Ocil, a subscribing insurer for financi...

The Blue Marble Microinsurance group has expanded to nine with Panama-based Assa Capitales joining the consortium of companies collaborating to extend socially impactful, commercially viable insurance protection to the underserved. Blue Marble was an...

Paul Bailie has been appointed head of Willis Towers Watson PLC’s Bermuda Captive practice. Mr Bailie has worked in the captive insurance industry for 30 years, and has previously held a variety of leadership roles, including with JLT Insurance Manag...