News relating to the Bermuda and international insurance and reinsurance industry.
Fidelis raises $60m of equity capital from Alfa and other investors
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).
Martin Dolan named as independent NED at Fleming Re
Fleming Reinsurance has appointed Martin Dolan to its board as an independent non‐executive director.
Beach & Associates rebrands as Acrisure Re and Acrisure London Wholesale
Beach & Associates, the reinsurance brokerage business of Acrisure, is being renamed as Acrisure Re and Acrisure London Wholesale.
Everest promotes Robert Clark to head of Everest Specialty Underwriters
Everest Insurance has named Robert Clark as senior vice president and head of Everest Specialty Underwriters (ESU).
Arch continues Barbican integration with Syndicate 1955 rebrand
Arch Insurance International has changed the name of Barbican Syndicate 1955 to Arch Syndicate 1955.
Sirius E&S platform to begin underwriting environmental risk
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.
Enstar to reinsure portfolios for Liberty Mutual Insurance Europe
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 assigns an A- rating to Conduit Re Bermuda
AM Best has assigned a financial strength rating of A- (excellent) with a stable outlook to Conduit Reinsurance Bermuda (Conduit Re).
BMS Group strengthens its marine subsidiary with three hires
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 names Benjamin Keslowitz as US life leader
Guy Carpenter & Company has appointed Benjamin Keslowitz as US life leader, with immediate effect.
