News

News

IGI reports increased profits for 2020 with growth across virtually all lines of its business

International General Insurance (IGI) reported a steady increase in its profitability for the full year in 2020, with new business seen across most lines of business and the improved pricing environment contributing to the positive picture for the business.   6 April 2021

News

Athora returns to profitability in 2020 following “transformative” VIVAT acquisition

Athora returned to profitability in 2020, with its acquisition of VIVAT, now called Athora Netherlands, proving “transformative” to the business and setting it up for further success in the future, its chief executive said.   6 April 2021

Re/insurance

Why here, and why now?

Activity and interest in the life and annuity sector has been rising in Bermuda, with a number of factors on the supply and demand sides of the equation aligning to drive growth in the business. Damian Cooper of PwC Bermuda outlines some of the factors driving this growth and explains why the Island has found itself at the heart of it.   6 April 2021

Life

Aeolus snares Lancashire’s head of property treaty as a portfolio manager

Aeolus Capital Management has appointed Andy Richardson as a portfolio manager.   6 April 2021

News

PartnerRe to redeem three classes of preferred shares

PartnerRe will redeem three classes of preferred shares in May.   1 April 2021

News

IGI appoints head of property, political violence and contingency

International General Insurance Holdings (IGI) has hired Richard Foster in London as head of property, political violence and contingency.   1 April 2021

article

Mosaic appoints global head of M&A to spearhead its transactional liability business

William Monat has joined Mosaic as executive vice president and global head of mergers and acquisitions (M&A) to spearhead its transactional liability business globally.   1 April 2021

News

Varney Re becomes the latest member of the growing Class of 2020-21

A family-run insurance agency in Maine has become the latest group to launch a new Bermuda-based reinsurance company, the latest member of the growing class of 2020-21.   1 April 2021

News

Sompo strengthens its strategic distribution and development team

Sompo International Holdings has made a number of hires as it looks to build up its strategic distribution and development team in its international insurance business.   1 April 2021

News

Spiegel “honoured” to become chairman of R&Q as co-founder Randall steps down

Ken Randall has retired as executive chairman of Randall & Quilter Investment Holdings (R&Q), with William Spiegel stepping up to succeed him in the role. Randall has also stepped down as a director of R&Q.   1 April 2021

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