News

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BMA’s mandate to include conduct of business

This follows an amendment to the Bermuda Monetary Authority Act 1969.   12 August 2022

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Bermuda shows challenges of M&A, says Fitch

M&A transactions in the global reinsurance sector “will be limited into 2023”.   11 August 2022

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Maiden posts Q2 net profit of $25.8m

Gross written premium dipped slightly to $3.3 billion.   11 August 2022

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White Mountains posts Q2 net loss of $174m

But its operating businesses produced good results.   10 August 2022

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Aspida seals annuity deal with National Western Life

This will provide “the ability to have more compelling rates in the market”.   10 August 2022

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Enstar posts Q2 net loss of $493m

Market ‘dislocation’ led to material unrealised losses in its investment portfolio.   10 August 2022

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R&Q Insurance sees H1 gross written premium rise 82%

All three of its platforms grew GWP and fee income.   9 August 2022

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Argo appoints ‘seasoned investor’ to board of directors

The appointee is CIO of Voce Capital Management, Argo’s largest shareholder.   9 August 2022

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Argo posts Q2 net loss of $19m

Gross written premium fell by 10% to $732 million.   9 August 2022

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Assured posts Q2 net loss of $47m

But new business production in its insurance segment remained strong.   8 August 2022

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