Argus Group will pay a 50 percent rebate to all car, motorcycle and small business customers on their motor insurance policy premiums for April as a result of decreased driving and claims during the shelter-in-place period. 11 June 2020
Evertas, a cryptoasset insurance company, has received its licence from the Bermuda Monetary Authority to commence operations in Bermuda as a class 3A insurer. 11 June 2020
Enstar Group has agreed to a recapitalisation of StarStone US Holdings, led by SkyKnight Capital, Dragoneer Investment Group and Aquiline Capital Partners. 11 June 2020
Prosperity Life Assurance, a newly formed Bermuda based long-term reinsurer, will acquire certain closed-block businesses, including life, annuity and accident and health lines, from National Guardian Life Insurance Company (NGL). 11 June 2020
May was another costly month for insurers, according to Aon’s latest monthly Global Catastrophe Recap report, with several severe weather outbreaks across the US. 10 June 2020
