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BMA revokes licence of service provider after proprietor declared bankrupt
In all, the regulator identified three breaches of the Corporate Service Business Provider Act 2012.   23 December 2020
News
Oil Casualty secures rating and regulatory boost for new energy unit
OCIL Special can now deliver much needed capacity to energy industry clients in the US.   23 December 2020
News
Arch secures approval for Part VII transfer
The change is necessary because of Brexit.   22 December 2020
Life
Bermuda’s Sompo International buys aviation MGU W. Brown & Associates
W. Brown has been a MGU for Sompo International since 2016.   22 December 2020
News
Conduit Re unveils raft of senior hires
Conduit Re holds a Class IV license from the Bermuda Monetary Authority.   22 December 2020
News
Oceanview Reinsurance assumes $1bn of fixed annuity reserves
Oceanview Reinsurance is a Bermuda Class E insurance company.   21 December 2020
News
Bermuda-based Ivy Re partners Global Atlantic in $8.5bn deal with Unum
Ivy Re is a co-investment vehicle formed in April this year.   21 December 2020
News
Bermuda’s Aspida and Ares complete acquisition of F&G
Aspida will enter into a strategic flow reinsurance agreement with F&G.   21 December 2020
News
Strengthening broker relationships a key priority for 2021: AXIS Insurance
Strengthening relationships with brokers is a top priority for AXIS Insurance in 2021, according to Ed Ashby, global head of distribution at the re/insurer.   18 December 2020
Life
AXA XL appoints Renato Rodrigues as country manager for Canada
AXA XL has appointed Renato Rodrigues as country manager for Canada. Rodrigues previously led AXA XL’s Latin American insurance business and has also served as country manager for Brazil. He assumes his new duties immediately, taking over from interim country manager, Glen Hopkinson.   18 December 2020

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