News relating to the Bermuda and international insurance and reinsurance industry.
Signal Mutual reshuffles management team as CEO steps into advisory role
Signal Mutual, a Bermuda-domiciled, non-profit mutual organisation that provides Longshore benefits in the US, has reshuffled its senior management team.
SiriusPoint launches D&O MGA in Bermuda
SiriusPoint has launched a new managing general agent (MGA) to underwrite directors’ and officers’ (D&O) insurance.
RenRe to sell 20m depository shares in public offering
RenaissanceRe Holdings has agreed to sell 20 million depository shares in an underwritten public offering.
RMS welcomes back familiar face to lead UK insurance business
RMS, the catastrophe risk modeling company, has welcomed back a familiar face to lead its UK insurance business.
BMS Re signs up for new electronic placement system
BMS Re, the independent reinsurance broker, has selected Relay Platform’s (Relay) F1 reinsurance platform as its electronic placement system to support its facultative arm in the US.
Ascot sets sights on US contract & commercial surety market with acquisition
Ascot Group has fixed its sights on the US contract and commercial surety market with the acquisition of Boston Indemnity Company (BIC).
AXIS Re Strategic Partners appointment seeks to strengthen broker relationships
AXIS Re has named a strategic account executive, global brokers, for its client engagement initiative, AXIS Re Strategic Partners, a business launched in 2018 to serve select clients and brokers.
SiriusPoint partners with Joyn to shake up US SME insurance market
SiriusPoint has entered a strategic insurance partnership with, and made an investment in, insurtech company Joyn Insurance.
Hiscox names new managing principal for its ILS business
Hiscox has named a new managing principal for Hiscox ILS to spearhead the evolution of its ILS offering.
Athene targets growth in Australia with Challenger investment
Athene Holding, the retirement services company, will acquire a 15 percent minority interest in Challenger, an Australian investment management firm that provides retirement products, alongside its strategic partner, Apollo Global Management.
