Log In

Arch Capital Group Ltd reported fourth quarter net income of $533.1 million, or $1.30 per share, up from $316 million for the same period in 2019. Its after-tax operating income was $230.4 million, down from $308.4 million. Pre-tax current accident y...

Everest Re Group Ltd has reported full-year net income of $514.2 million, or 12.78 cents per share, which was about half of the $1 billion achieved in 2019. It had pre-tax net Covid-19 pandemic losses of $511 million for the year, and $76 million for...

Bermudian-based specialty reinsurer Third Point Reinsurance Ltd has appointed Tim Mardon to a leadership role in advance of the company’s anticipated merger transaction with Sirius International Insurance Group Ltd to form SiriusPoint Ltd. Mr Mardon ...

Bermudian-based specialty insurance underwriter, Argo Group International Holdings Ltd have appointed Scott Kirk as chief financial officer. The appointment becomes effective March 1. Argo said Mr Kirk will succeed Jay Bullock, whose planned departur...

The world was caught unprepared by the Covid-19 pandemic, however a Bermudian-based reinsurer secured some pandemic coverage protection only weeks before the coronavirus health emergency unfolded. Legal & General Reinsurance took steps that protected...

Bermudian-based PartnerRe Ltd has appointed Hermann Pohlchristoph to its board an independent director. The company said Mr Pohlchristoph has held multiple executive roles, most recently at Munich Re as a member of the board of management from 2017 u...

Strategic Risk Solutions, a provider of independent insurance management and consulting services, which has operations in Bermuda, is establishing an office in Guernsey. The announcement comes just two weeks after SRS opened an office in Zurich, Swi...

Chubb Tempest Re has named Sam Peters as division president of Chubb Tempest Re Bermuda. Currently, Mr Peters serves as chief actuary for both this business and for Chubb Bermuda, which provides excess casualty, professional liability and property pr...

Bermudian-based global insurance outfit Enstar Group Ltd has announced that one of its wholly-owned subsidiaries has completed a transaction with Continental Casualty Company to reinsure a legacy portfolio of excess workers’ compensation business. In...

Bermuda’s insurance industry is making steady progress in diversity, equity and inclusion, but consultant Rachel Field feels there is still more work to be done. “What we are really talking about is culture change, and culture change takes time,” Ms ...

Kuvare Life Re Ltd has been given an A- (excellent) financial strength rating by AM Best. The life and annuity reinsurer holds a Class E insurance licence from the Bermuda Monetary Authority. It is a subsidiary of Kuvare UK Holdings Limited, and focu...

Veteran insurance executive Mitch Blaser has launched a new Bermudian-headquartered company with the aim of building one of world’s top global specialty insurers. Mosaic, which will target complex risks and use cutting-edge technology to maximise eff...