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A subsidiary of Bermudian-based Enstar Group Ltd has completed a loss portfolio transfer with Hiscox Ltd, the global specialty insurer headquartered on the island. The company said Enstar Syndicate 2008 has reinsured a diversified portfolio of legacy...

The Bermuda operation of insurance broker Ed has developed a new front-end client portal, and within that has launched a digital wage and hour product in conjunction with Bermudian-based Argo Group. The global reinsurance, wholesale and specialty bro...

Legacy specialist DARAG Group Ltd has appointed Ciaran Russell as senior actuary in DARAG North America, the company’s Bermuda and US arm. The company said Mr Russell, who is based in Bermuda, worked most recently as an actuary at ILS Investment Mana...

Concert Group Holding Inc, a newly formed business dedicated to insurance fronting, has announced that it has secured agreement to raise additional capital from its founders. One of the founders is Brady Young, founder and chief executive officer of ...

Andy von Reitzenstein is joining Aspen Capital Markets as a portfolio manager, and will be based in Bermuda He was most recently chief underwriting officer, North America, at Bernina Re. Prior to that he held senior roles at Credit Suisse and Glacier...

Bermudian-based insurance carriers are helping more Americans to become homeowners by providing the market with innovative mortgage solutions, the island’s re/insurance industry group said today. The Association of Bermuda Insurers and Reinsurers sai...

Bermudian-based Randall & Quilter Investment Holdings Ltd has completed the novation of four loss portfolio transfer agreements managed by Armour Risk Management Ltd previously in place between ILS P&C Re and various entities within the QBE Group. Th...

Bermudian-based re/insurer Ascot has appointed Matthew Lillegard as group chief actuary. The company said Mr Lillegard will be responsible for leading the overall Ascot Group actuarial functions and will work in close collaboration with colleagues ac...

PartnerRe Ltd, the Bermudian-based global re/insurer, has appointed an independent voice to its board of directors. The company said António Horta-Osório has been appointed as an independent director, effective today, and will be chairman of the inve...

Bermudian-headquartered specialty re/insurer Hamilton Insurance Group Ltd has appointed Kevin Price as Head of Allied Medical for its US excess and surplus business. Reporting to Clay Rhoades, president, US E&S, the company said Mr Price joins this w...

BGC Partners Inc, a leading global brokerage and financial technology company, has entered into an agreement to sell its insurance brokerage business for $500 million to The Ardonagh Group Limited. The sale will include Ed Broking Group Limited and B...

Aspen Insurance Holdings Limited has appointed William (Bill) Miller as its new group chief actuarial officer. He will be based in the company’s Bermuda office. Mr Miller is joining Aspen from KPMG, where he is managing director, actuarial. Prior to...