News relating to the Bermuda and international insurance and reinsurance industry.
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.
Moody’s affirms IFS of Security Life
But the rating agency has changed the outlook to stable from negative.
Everest Insurance expands into personal accident & health
Its diversified offerings now include customised protection for schools, youth sports, associations, and volunteer organisations.
Verisk charts impact of Nanmadol, Fiona and M6.9
The typhoon, hurricane and earthquake all hit on the same day.
