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AM Best has assigned a financial strength rating (FSR) of A (Excellent) to Sirius Bermuda Insurance Company, a subsidiary of Sirius Group. 4 July 2016
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AGC, a subsidiary of the Bermuda-based insurer Assured Guaranty, has acquired CIFG Holding, the parent of financial guaranty insurer CIFG Assurance North America (CIFG). 4 July 2016
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Beechwood Bermuda, a reinsurance and wealth management company, has rebranded one of its subsidiaries, Old Mutual (Bermuda), as Beechwood OMNIA. 1 July 2016
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PartnerRe, the Bermuda-based reinsurer, has reorganised the structure of the company with the aim of better aligning its expertise with the needs of its client base. 1 July 2016
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Radius Financial Education, supported by the Bermuda Business Development Agency (BDA), is hosting the first annual World Alternative Investment Summit Bermuda (WAIS Bermuda), to which 250 asset management professionals and investors are expected to attend. 30 June 2016
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Ratings agency AM Best has assigned a financial strength rating of A (Excellent) to the Bermuda-based Hanover Atlantic Insurance Company, which was created in April 2016. 30 June 2016
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The Bermuda Stock Exchange (BSX) Insurance Index has stabilised after experiencing a substantial decline on Monday, when it fell 56.9 points, or nearly 3.5 percent, to 1584.27. 29 June 2016
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AM Best has removed Ironshore’s rating as under review with negative implications and affirmed the financial strength ratings of A (Excellent) for Ironshore and its subsidiaries. 29 June 2016
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Pembroke Managing Agency, a subsidiary of Bermuda-based Ironshore, has updated its financial institutions crime programme to include cyber fraud and cyber extortion. 28 June 2016
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Third Point Re, a reinsurance provider with offices in Bermuda, has entered into new long term investment management agreements with its affiliate, Third Point. 28 June 2016
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