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The re/insurer IQUW is in advanced talks to acquire UK-based Lloyd’s insurer Agora Holdings, the company has said. If the sale is completed, Agora’s property insurance and reinsurance businesses will form part of IQUW’s portfolio and the Agora team ...

Bermuda-headquartered Lancashire Holdings Limited’s third-quarter earnings release in early November will include losses for exposures to recent natural catastrophe events, including Hurricane Ida and the European storms Bernd, Volker and Xero. Lanca...

Abigail Clifford has been appointed president and group chief operating officer, and CEO designate of the BF&M group of companies. A date for the transition has not been set and John Wight remains group chairman and CEO. The company said that the sel...

Sun Life, a leading Canadian insurance company, is delighted to announce the appointment of Donna Cotter to the role of Chief Executive Officer for Sun Life International, its High Net Worth (HNW) life insurance business based in Hamilton, Bermuda. O...

Today, The Royal Gazette reports on a gloomy report from Bermuda financial adviser Anchor Investment Management, which confirms what many people will already have felt in their wallets: the Bermuda economy’s rebound has stalled. After the Covid-19 l...

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a+ (Excellent) of Lancashire Insurance Company Limited (Hamilton, Bermuda) and Lancashire Insurance Company (UK) Limited — collectively ref...

Bermuda-based Argo Group International Holdings Ltd has agreed the sale of its Brazilian operations. The underwriter of specialty insurance said that it has agreed to sell Argo Seguros Brasil SA to Spice Private Equity Ltd, an investment company focu...

AXA XL has appointed Andy MacFarlane as head of climate, a newly created role with responsibilities for developing a single, global climate strategy, ensuring that the division’s efforts are aligned towards furthering the company’s climate leadership...

Volante Capital Holdings (Bermuda) Ltd has received “in-principle” approval from Lloyd’s to launch Syndicate 1699 for the 2022 year of account, with initial stamp capacity of £130 million. Majority-owned by Bermuda-based Nephila Holdings Limited, Vol...

AM Best has revised the outlook to positive from stable and affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of a- (Excellent) of Ardellis Insurance Ltd. The credit ratings reflect Ardellis’s balance sh...

SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, and Boston-headquartered Corvus Insurance have announced a strategic investment and multi-year underwriting capacity partnership. Corvus is a provider of smart commercial insuran...

Young Bermuda talent is being invited to join a company building the next generation of cyber reinsurance products. A UK company with its underwriting based on the island is expecting that new investment will facilitate an expansion of their Bermuda ...