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Insurance technology company Joyn Insurance has announced a strategic insurance partnership and investment from Bermudian-based insurance and reinsurance company SiriusPoint Ltd. The businesses will work together to transform small and mid-market Am...

Reinsurance rate increases continued for most major lines and territories during the June and July renewal period, according to Willis Re’s 1st View report. However, the report found that in many cases reinsurers had to accept firm order terms below ...

HX, the data analytics and advisory division of Howden Group Holdings, has launched NOVA, an insurance business intelligence platform that it says enables users to better understand the insurance market and its drivers. The company said the “first-of...

“The risks that businesses face depend on a multitude of factors, from political (in) stability and growing regulations to climate change and macroeconomic shifts. Will a post-pandemic world accentuate these global business risks even further, or...

American Overseas Group Ltd has reported consolidated net income of $1 million, or $20.81 per diluted share, for the three months ended March 31. This compares to net loss of $800,000, or $17.97 per share, for the same period a year ago. The Bermudia...

The coronavirus pandemic changed almost every aspect of our lives and routines. The restrictions introduced around the world made all our lives smaller. As the successful roll-out of the vaccine brings us back to a new normal, however, we must ensure...

Legal & General Reinsurance’s chief executive officer Thomas Olunloyo is relocating from Bermuda to the United States after leading the company for the past four years. Mr Olunloyo is joining Legal & General America as deputy CEO and executive vice-...

BMS Re, the independent reinsurance broker, has appointed Shruti Sem as executive vice-president in the origination team at BMS Re, effective immediately. Based in Philadelphia, Ms Sem will report to Jeff Irvan, chief property officer of BMS Re in th...

TAI, a provider of reinsurance administration software and services with clients in Bermuda, has launched TAI Treaty. The company describes the new product as “a revolutionary digital solution for treaty management”. It said TAI Treaty leverages Sort...

Aspen Re has made several key appointments to its leadership team. Beatrice Morley has been appointed Aspen Re head of AsiaPac, in addition to her current role of global head of casualty. She will continue to be based in the company’s Singapore offic...

Acrisure, the global insurance broker with a reinsurance operation in Bermuda, has appointed Grahame Millwater in the new role of head of global insurance. The appointment is effective immediately. The company said it is putting in place the operatio...

Mosaic Insurance has launched its financial institutions division, underwriting risks globally through its London office. The Bermudian-based speciality insurer said it is offering tailored coverage to help protect a broad range of financial institut...