11/07/2023
SRS launches Altitude MGU
SRS said it has recruited several seasoned ART and corporate insurance industry experts that will join in the coming months.
AIM and Hedge Funds
11/07/2023
Brookfield Infrastructure reports Q3 net income of $104m
Brookfield said its take-private acquisition of Bermudian-based Triton International closed on September 28.
11/07/2023
ABIR Congratulates RenRre On Acquisition
The combination of two Bermuda-born companies to create a top-five, diversified global reinsurer speaks volumes about the Bermuda market’s growth, evolution and continuing relevance.
11/06/2023
Palomar Holdings reports Q3 net income of $18.4m
The results included record quarterly gross written premium, adjusted net income growth of 153 per cent, and an adjusted return on equity of 22.3 per cent.
11/06/2023
Financial planner shares expertise with 100WF Bermuda chapter
On average, women in Bermuda live to the age of 94 compared to men's average life span of 92
11/06/2023
Hiscox retains A+ rating from AM Best
Strong underwriting performance and a rebound in investment performance resulted in the group reporting a robust profit after tax of $250 million for the first six months of 2023.
11/03/2023
JTC Shortlisted In Two Fund Administration Categories At Asset Servicing Times Industry Excellence Awards 2023.
The awards are dedicated to supporting and recognising talented and dedicated firms, individuals and departments across the financial services industry.
11/03/2023
Essent earnings flat as rise in expenses offsets premium jump
Overall, losses and expenses rose 72% to $86.6 million from $50.8 million.
11/03/2023
AXIS Capital celebrates record specialty production in third quarter
The company recorded an 89.7% combined ratio excluding catastrophe losses, up from 88.1% in 2022
11/02/2023
Ren Re completes $3.5bn purchase of Validus Re from AIG
Sidley Austin LLP and Oxbow Partners acted as legal counsel and integration consultant, respectively, for RenaissanceRe.
11/01/2023
CIBC FirstCaribbean is rebranding to CIBC
St Hill noted that the regional bank has always had the distinct advantage of being a part of a widely respected and recognised global brand
11/01/2023
Private debt: a silver lining in times of crisis
Investors continue to favour private debt
11/01/2023
Arab Bank appoints European Depositary Bank for depositary services
This latest news follows the appointment earlier this year of Executive Management Board Member, Holger Barth as Global Head of Banking Depositary.
11/01/2023
Hamilton launches $270m IPO
The Class B common shares are expected to trade on the New York Stock Exchange under the ticker symbol “HG.”
10/31/2023
Hawksford wins CGI Corporate Services Team of the Year 2023
Organised by the Jersey branch of the CGI, these awards recognise and celebrate excellence in governance, rewarding the work and achievements of companies, teams and individuals from across the governance profession.
10/31/2023
Reinsurance hard market drives Arch Capital to $713m profit
Bermuda-based Arch reported net income of $713 million in the three months ending on September 30 compared to $7 million in the same period in 2022.
10/30/2023
KBRA affirms Assured Guaranty's financial strength rating
AGC has a proven management team and a well-developed governance framework.
10/27/2023
APS Bank reports €23.6m pre-tax profit for Q3, announces €50m bond issue
Bank CEO says margins being squeezed as it seeks to shelter home loan rates
10/27/2023
Banyan Risk completes transfer of ownership from SiriusPoint
Expect big news ahead as we expand into other geographies and product lines in the next year.
10/26/2023
"A director needs to wear many hats"
It'll cover the test for insolvency and how this impacts a director's duties, legal risks faced by directors and relief from liability, among many other important issues.