News relating to the Bermuda and international insurance and reinsurance industry.
Concert appoints American Family exec as SVP
He takes the role of senior vice president, Underwriting and Program Management.
BF&M unveils timing of succession plan
CEO John Wight will retire, Abigail Clifford will take the reins.
Argo appoints former GuideOne CEO as US president
The recruit has been tasked with accelerating profitable growth in the unit.
Mosaic partners with HowdenCAP on new technology
The claim it will increase the speed of risk placement in the structured credit market.
Compre acquires med mal book in first deal since Bermuda move
Compre said the deal illustrates legacy appetite from new Bermuda home.
R&Q investor Phoenix seeks leadership change
Phoenix Asset Management Partners has published an open letter to shareholders.
AM Best affirms Rembrandt’s financial strength rating
Rembrandt’s balance sheet strength is underpinned by risk-adjusted capitalisation at the strongest level.
BMA’s mandate to include conduct of business
This follows an amendment to the Bermuda Monetary Authority Act 1969.
Bermuda shows challenges of M&A, says Fitch
M&A transactions in the global reinsurance sector “will be limited into 2023”.
Maiden posts Q2 net profit of $25.8m
Gross written premium dipped slightly to $3.3 billion.
