News relating to the Bermuda and international insurance and reinsurance industry.
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.
Hamilton taps AmWINS and James River as it builds E&S unit
Two recruits join Hamilton Select Insurance, its newly-launched E&S insurer.
Catalina and QBE agree to loss portfolio transfer
The agreement concerns QBE’s legacy North American excess and surplus.
SiriusPoint swings to red with $217m Q1 net loss
GWP of $1b was evenly split between insurance and reinsurance.
Monument splits Group CUO and CFO roles
The change recognises the contributions of Brogden and Elsinghorst.