News relating to the Bermuda and international insurance and reinsurance industry.
Heerasing becomes underwriter of Lloyd’s Syndicate 1945
SiriusPoint’s head of international development will take on the role of UK brand manager.
Inclined announces $15m funding round
Fintech startup says funding will support its mission to help whole life insurance policyholders “realise more value out of their investment”.
Fitch awards Resolution Re 'A-' IFS rating
The rating reflects Fitch's view that the entity is core to Resolution Life Group Holdings.
AM Best upgrades Ardellis Insurance’s FSR
Ardellis’ balance sheet is “very strong”, the rating agency says.
AM Best affirms FSR of Essent’s subsidiaries
Essent’s risk-adjusted capitalisation is at the strongest level in base and stress scenarios.
White Mountains proceeds with tender offer
It expects to purchase all validly tendered shares for $467.4 million.
SRS puts ‘boots on the ground’ in Canada
The new president of SRS Managers (Canada) is a former senior VP for Marsh Bermuda.
SiriusPoint and Insurate announce partnership
Insurate is focused on small and mid-sized US industrial businesses with an established culture of safety.
Fidelis extends ESG underwriting guidelines
The company has included new fossil fuel restrictions.
BILTIR elects new chair and vice-chair
The new leaders are from Athene Re and Resolution Life Group.
