News relating to the Bermuda and international insurance and reinsurance industry.
SiriusPoint invests in smart cars with MGA Avinew
The insurance product covers AI-enabled vehicles.
Mt. Logan hires PGGM director as new COO
Appointee has expertise in capital markets and reinsurance convergence.
Conduit posts 115% rise in first-quarter GWP
Russia-Ukraine war creates a loss of $15m-30m.
Bermuda broker sold to Australia-based AUB Group
The sale price is reportedly about $613 million.
Athora gets financial strength rating upgrade
The rating outlook has been revised from positive to stable.
BMA appoints new managing director
It’s a promotion for the authority’s chief actuary.
White Mountains sells NSM for $1.8b
The transaction could add $280/share to its adjusted book value.
Enstar posts Q1 net loss of $282m
The result was driven by unrealised losses on fixed income securities.
White Mountains posts $31m Q1 net profit
Ark, the White Mountains-owned Lloyd’s carrier, posted a pre-tax loss of $23m.
QBE Re unveils new structure as Postlewhite eyes ‘untapped’ potential
It has also appointed someone into the newly created role of chief underwriting officer.