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The Bermuda Stock Exchange (BSX) has joined the United Nations (UN) Sustainable Stock Exchanges (SSE) initiative as a partner exchange. 13 May 2021
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The Bermuda Monetary Authority (BMA) confirmed five new re/insurance entity registrations in April. 13 May 2021
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Conduit Holdings has hailed a successful first quarter of trading, insisting it has enjoyed strong broker and client support, with its legacy free balance sheet positioning it well to take advantage of the attractive conditions currently seen in the market. 13 May 2021
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Ascot will provide up to $15 million in underwriting capacity to Tierra Underwriting, to provide credit insurance in support of green project finance transactions. 12 May 2021
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The US saw the lowest number of tornadoes in April since 1992, but faces a multi-billion-dollar damage bill following extensive hail impacting highly populated areas of Texas and Oklahoma. 12 May 2021
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ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has partnered with Tierra Underwriting, the managing general agent (MGA) that provides long-term credit insurance to support green project finance transactions. 12 May 2021
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MS Amlin has appointed Louis De Segonzac as chief underwriting officer (CUO) for the Americas. 12 May 2021
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PartnerRe reported a loss in the first quarter of 2021 but reduced the scale of its losses compared to the same period in 2020. Jacques Bonneau, PartnerRe’s president and chief executive officer, insisted severe winter storms in Q1 masked the extent of the underwriting improvements it has made. 12 May 2021
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Maiden Holdings reported healthy year on year profit growth in the first quarter of 2021 as the runoff of its reinsurance business continued, with favourable loss development trends and investment performance contributing to the positive result. 11 May 2021
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White Mountains Insurance Group reported a loss in the first quarter of 2021, with the chief executive admitting the business had got off to a slow start this year, but stressing the fundamental health of the business. 11 May 2021
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