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Chubb has appointed John Keogh as president and chief operating officer. He will continue to report to Evan Greenberg, chief executive officer and chairman of the insurance giant. The company, which has offices in Bermuda, said Mr Keogh, vice-chairma...

Insurers and reinsurers are being urged not to insure or invest in companies that plan new oil and gas production. A campaign that has played a part in persuading sections of the insurance industry, including some Bermudian-based companies, to withdr...

Bermudian-based specialty reinsurer Third Point Reinsurance Ltd has announced donations totaling $325,000 to registered non-profits in Bermuda, the United States and Britain as part of an employee matching initiative. To be eligible to receive a dona...

Global distributor of specialty insurance products and services, AmWINS Group Inc, has signed a definitive agreement to acquire Bermudian-based property and casualty wholesale insurance/reinsurance broker International Specialty Brokers Ltd. The news...

The holding company for Conduit Reinsurance Ltd, one of the large new start-ups set to enter the Bermudian reinsurance market, has announced the pricing for its initial public offering of shares on the London Stock Exchange. The market capitalisation...

Brian O’Hara’s life has taken him on an extraordinary journey that led him to join the rarefied ranks of Bermuda re/insurance royalty. In his new book, It’s Not The Score, It’s The Trip, he recounts the highlights of that journey from his childhood a...

Bermudian-based Monument Re Ltd has announced that Monument Life Insurance d.a.c has completed the acquisition of a portfolio of unit-linked international portfolio bond policies from Zurich Life Assurance plc. Terms of the transaction were not discl...

R&Q Re (Bermuda) Ltd has entered into a stock purchase agreement to acquire a Bermuda-domiciled captive insurance company. The transaction is subject to customary closing conditions and regulatory approval. R&Q Re, a Class 3A reinsurer, which is regi...

The planned merger between Bermudian reinsurers Third Point Re and Sirius Group has moved a step closer after shareholders of both companies approved the deal. Special general meetings of both sets of shareholders were held yesterday with a majority ...

Private equity investors Pelican Ventures and JC Flowers & Co have completed their acquisition of Ariel Re from Argo Group. Ariel Re underwrites a global portfolio of reinsurance products in Bermuda, London and Hong Kong through its Lloyd’s platform....

Whitespace, the digital e-trading platform for brokers and insurers, has added video calling and instant messaging capabilities to the platform that links brokers and underwriters. The platform has clients in Bermuda. Stephen Carlin, chief executive ...

Hamilton Insurance Group Ltd has launched Ada Capital Management Limited, a Bermuda-regulated insurance agent authorised to underwrite on behalf of Ada Re, a newly formed Bermuda-registered special purpose insurer. Ada Re has secured capital commitm...