News relating to the Bermuda and international insurance and reinsurance industry.
The formation is part of a strategy by the reinsurer to opens its cat portfolio to investors.
In all, the regulator identified three breaches of the Corporate Service Business Provider Act 2012.
OCIL Special can now deliver much needed capacity to energy industry clients in the US.
The change is necessary because of Brexit.
W. Brown has been a MGU for Sompo International since 2016.
Conduit Re holds a Class IV license from the Bermuda Monetary Authority.
Oceanview Reinsurance is a Bermuda Class E insurance company.
Ivy Re is a co-investment vehicle formed in April this year.
Aspida will enter into a strategic flow reinsurance agreement with F&G.
AXA XL has appointed Renato Rodrigues as country manager for Canada. Rodrigues previously led AXA XL’s Latin American insurance business and has also served as country manager for Brazil. He assumes his new duties immediately, taking over from interim country manager, Glen Hopkinson.