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Catalina Holdings (Bermuda), a company that acquires and manages re/insurance companies in run-off, has acquired a 5.01 percent stake in Maiden Holdings. 4 April 2018
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The Bermuda Monetary Authority (BMA) has experienced a recent uptick in re/insurance registrations in the first two months of 2018 with 11 new re/insurers. 3 April 2018
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White Mountains Insurance Group has entered into an agreement to acquire a majority equity stake in NSM Insurance Group, a managing general underwriter (MGU) and programme administrator for specialty property and casualty insurance. 3 April 2018
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Bermuda-based specialty re/insurer Fidelis Insurance has appointed Alison Clarke as senior underwriter of its London underwriting team, effective April 3. 3 April 2018
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Brad Kading is widely acknowledged as having taken the profile of the Association of Bermuda Insurers and Reinsurers to another level during his 12 years at its helm. His successor John Huff describes to Bermuda:Re+ILS his plans for the role and why Bermuda should be bullish about its future. 29 March 2018
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Canopius, which has a major presence on Bermuda, has appointed Rebecca Marsden as credit and political risk underwriter. 29 March 2018
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Dominic Frederico, president and CEO of Assured Guaranty has released a statement in response to the latest revised fiscal plans that aim to solve the US Territory’s ongoing debt problem. 29 March 2018
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Sompo International has revealed that it has completed the acquisition of Italian agriculture insurance company A&A. The acquisition was first announced on February 8, 2018. 29 March 2018
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AM Best has affirmed the financial strength Rating of A- (Excellent) and the long-term issuer credit ratings (Long-Term ICR) of “a-” of Third Point Reinsurance Company (Bermuda) and Third Point Reinsurance (USA). 29 March 2018
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Third Point Re chief executive officer Robert Bredahl has unveiled a plan to improve underwriting performance and push the company’s combined ratio below 100 percent. 28 March 2018
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