03/03/2023
Fidelis confirms intention to pursue an IPO
The main investors in Fidelis are now: Capital Z Partners, The Travelers Companies, Blackstone, Further Global Capital Management and Alfa Insurance.
AIM and Hedge Funds
03/03/2023
30 years of dedicated service at Skipton Guernsey
Jim Coupe, Managing Director at Skipton, said: “We are very proud of Lisa’s long service record and to recognise her magnificent milestone.
03/03/2023
IGI full-year profit jumps to $85.5m
Net income in the fourth quarter jumped to $25.7 compared to $9.1 million for the same period in 2021
03/03/2023
Enstar blames big 2022 loss on investment headwinds
It completed some substantial deals last year including LPT agreements with Aspen Insurance Holdings and Argo totalling $2.7 billion of incremental acquired reserves.
03/02/2023
Unrealised investment hit sends Enstar to $906m loss for year
Enstar’s fourth-quarter economic balance sheet strengthening was partly attributed to the impact of a higher discount rate on their reserves
03/02/2023
Assured Guaranty profit drops to $124m for full year
Adjusted operating income for the full year was $267 million, including $413 million in the company’s insurance segment.
03/01/2023
Bittrex Global customers able to trade Euro Coin
In addition to being able to trade on the world's most secure and regulated exchange, our customers can now enjoy no fees on these trades
03/01/2023
Kuvare closes three deals boosting footprint in Asia
The third transaction is a block transaction representing reinsurance of in-force annuities issued by a large, highly rated multinational carrier in US dollars, from its Hong Kong platform.
03/01/2023
Jersey Finance keen to spot the rising stars of the future
Shortlisted entries will then be voted for through an online polling platform
03/01/2023
Two DEI leaders to be honoured at Risk Summit
The day after the DEI Trailblazer Awards, March 7, current BMA CEO, Craig Swan will moderate a discussion about international markets
02/28/2023
Tenn Capital acquires Jersey based Oaklands Secure Lending
This transaction will give Tenn Capital a physical presence in both Guernsey and Jersey, as it prepares to significantly increase lending activity across the Channel Islands.
02/28/2023
HSCM Bermuda secures $400m for insurance debt strategy
As the strategy expands HSCM Bermuda’s presence, it will offer financing solutions for small- to medium-sized insurance companies
02/28/2023
Argo posts 2022 loss in ‘transformative year’ for business
Its gross written premiums fell to $2.8 billion in 2022, a 10.5% decline on the same period a year earlier.
02/27/2023
Two years after launch, Mosaic Insurance is hitting all its targets
Seasoned executives Mitch Blaser and Mark Wheeler are the co-chief executive officers of Mosaic, leading a staff that has grown to 125 worldwide, including 11 at global headquarters in Bermuda.
02/27/2023
Insurers urged to transform to face challenges of the future
The Insurance Protection Gap measures the difference between optimal insurance coverage and actual coverage in any country.
02/27/2023
Conduit Holdings declares near $90 million loss
In just the second year of operation, gross premiums written for the year climbed 68.3 per cent over the year before to $637.5 million.
02/27/2023
Ariel Re closes first cat bond with carbon offset feature
There is no rule that requires replacements to have lower carbon emissions, so Ariel Re is using Titania Re III to mitigate what it calls a missed opportunity
02/24/2023
Conduit Holdings declares near $90 million loss
In a year where the industry has experienced extreme natural and man-made losses, the resilience of our results validates our business model.
02/23/2023
Bullish Conduit Re highlights strong growth, hard market
The company’s GPW increased by 68% to reach $637.5 million last year; its net premiums earned increased by 148.4% to reach $482.3 million.
02/22/2023
Skipton publishes 2022 annual results
The bank launched US Dollar savings accounts in 2022 providing more choice for its savings customers.