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Fifteen new re/insurers were registered in December to take the total for 2022 to levels not seen in almost a decade

Mosaic Insurance has opened its seventh office in Dubai, United Arab Emirates

Apex Group Ltd, Mosaic Insurance and Aon PLC have partnered to form Apex Protect, offering specialty insurance for directors and officers of funds

A Bermuda lawyer has identified reinsurance trends that can alter the future of the ILS market in 2023

A special session of the Florida legislature has led to insurance reforms that will bring relief to the state’s homeowners market, but capacity will likely remain limited with high reinsurance costs in the near future. That’s the view of rating agenc...

Symetra Financial Corporation, a wholly owned subsidiary of Sumitomo Life Insurance Company, has established Symetra Bermuda Re Ltd. The new operation will reinsure certain risks of Symetra Life Insurance Company, a subsidiary of Symetra Financial Co...

Bermuda insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, the news agency Reuters is reporting. Specialist underwriters here and in the Lloyd’s of London markets are taking action that will leave digi...

It is impossible to overestimate the dependence of Bermuda’s successful insurance sector on information technology. The more advanced and intelligent that technology is, the better that sector will be managed and operated, in all respects. As with al...

Argo Group International Holdings Ltd has confirmed that a dissident investor has withdrawn its nomination of candidates Ronald Bobman and David Michelson for board seats in the Bermuda-headquartered insurance group. Capital Returns previously nomina...

The moves to reduce the risk profile, improve earnings and reinforce capital adequacy has factored in the decision of Moody's Investors Service to affirm the A3 financial strength ratings of the insurance businesses of Aspen Insurance Holdings Limite...

Two bond insurance subsidiaries of Assured Guaranty Ltd have resolved their exposure to bonds, as the Puerto Rico Highways and Transportation Authority exited from bankruptcy last week. On December 6, the Modified Fifth Amended Title III Plan of Adju...

Domestic insurer BF&M Limited has reported a shareholders’ net loss of $13.4 million for the nine months ended September 30. This compares with shareholders’ net income for the same period in 2021 of $19.5 million. The company said net income from o...