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A unit of the Association of Bermuda International Companies is focused on promoting a more diverse and inclusive workforce. Philip Vandoninck, chairman of Abic’s Diversity, Equity and Inclusion Committee is also chief executive of Fidelis Insurance ...

AM Best believes Lloyd’s will produce strong technical performance over the underwriting cycle and that capital will continue to be attracted to the market. This commentary from the rating agency comes despite the fact that recent underwriting perfo...

AM Best has affirmed the credit ratings of StarStone Insurance Bermuda Limited and Its European subsidiary. The rating agency affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of StarS...

French mutual insurer Covéa has completed its $9 billion purchase of Bermudian-based reinsurer PartnerRe from Exor, the companies have announced. In conjunction with the close of the sale, Thierry Derez, chief executive officer of Covéa Group, will ...

S&P Global Ratings has highlighted the very strong competitive position of Assured Guaranty Ltd, the publicly traded holding company based in Bermuda. The rating agency has also pointed to the company’s excellent capital and earnings, exceptional liq...

Stavan Desai has been promoted to head of Americas and Katherine Spenner has been named global chief legal officer of Mosaic Insurance’s transactional liability division. The appointments come on the first anniversary of the division, which will also...

Two graduates of a foundation reinsurance course at the Bermuda College have been awarded new scholarships to attend St John’s University’s Maurice R. Greenberg School of Risk Management Insurance and Actuarial Science. The Association of Bermuda In...

Chubb has announced that Natalie Chiaramonte has been named president of Sovereign Risk Insurance Ltd, a leading Bermuda-based underwriter of political risk insurance and reinsurance. Ms Chiaramonte previously served as senior vice-president and chie...

Bermuda-based SiriusPoint Ltd has agreed a strategic partnership and investment with European managing general agent Alta Signa Holdings, which specialises in financial and professional lines insurance. Alta Signa, which is headquartered in Brussels ...

Catalina Holdings (Bermuda) Ltd has named new chief executive officers for its US and Asia operations. Loh Wei-Lyn has been named as CEO of Asia, replacing Martin Kauer who retired in May, while Luann Petrellis is the CEO of the US, taking over fr...

KBRA has affirmed the BBB+ issuer rating of Hamilton Insurance Group Ltd (Hamilton Group), a Bermuda-based holding company, and the A insurance financial strength rating of Hamilton Re Ltd, Hamilton Group’s lead operating company. The outlook for th...

Envelop Risk continues to grow its Bermuda platform with the hiring of David Ross, the accomplished underwriter with ILS experience in both deal analytics and capital management. The MGA and cyber tech modelling company said the hiring is subject to...