Premia Holdings has formed Elevation Re (SPC), a sidecar vehicle that provides collateralised reinsurance support for Premia’s activities in the global P&C run-off market. 4 January 2021
The Bermuda Monetary Authority (BMA) has imposed civil penalties totalling $400,000 on Crown Global Life Insurance and Crown Global Life Insurance (Bermuda) for failing to comply with anti money laundering (AML) regulations. 4 January 2021
Bermuda-based Argo Group International Holdings has agreed to sell its Italian operations, ArgoGlobal Assicurazioni, to Perfuturo Capital, a Swiss Holding Company. 24 December 2020
