News relating to the Bermuda and international insurance and reinsurance industry.
Fidelis Insurance Holdings has raised an additional $60 million of equity capital from existing and new investor relationships, including Alfa Insurance and affiliated companies (Alfa).
Fleming Reinsurance has appointed Martin Dolan to its board as an independent non‐executive director.
Beach & Associates, the reinsurance brokerage business of Acrisure, is being renamed as Acrisure Re and Acrisure London Wholesale.
Everest Insurance has named Robert Clark as senior vice president and head of Everest Specialty Underwriters (ESU).
Arch Insurance International has changed the name of Barbican Syndicate 1955 to Arch Syndicate 1955.
Sirius Specialty Insurance Company (SSIC), the US-based excess and surplus lines (E&S) platform owned by Sirius International Insurance Group, will begin underwriting business produced by Sirius’ environmental division from January 1, 2021.
A subsidiary of Enstar Group has signed an agreement to reinsure a number of US energy liability, US construction liability and US homebuilders liability insurance portfolios for Liberty Mutual Insurance Europe (LMIE).
AM Best has assigned a financial strength rating of A- (excellent) with a stable outlook to Conduit Reinsurance Bermuda (Conduit Re).
BMS Group, the independent specialist re/insurance broker, has appointed Nick Hocking, Tony Cuthbertson and Josh Robertson as directors of its marine subsidiary, BMS Harris & Dixon Marine ( BMS H&D Marine).
Guy Carpenter & Company has appointed Benjamin Keslowitz as US life leader, with immediate effect.