09/01/2023
2023 Health & Social Care bursary launched
It offers prizes of £2,500 and £1,000 respectively, for the project and runner up voted to be most beneficial to the community.
AIM and Hedge Funds
09/01/2023
Hamilton Lane Invests In Private Markets Passport Technology
Private market funds have been gaining popularity among advisors as they continue to outperform the public markets.
09/01/2023
Wilton Re’s A rating affirmed by AM Best
AM Best said its operating earnings were favourable over the medium term
09/01/2023
Markel Bermuda joins committee of Vesttoo creditors
The payment also includes termination pay of $799,758 to which some creditors had objected and an earlier order by Judge Mary Walrath had refused.
08/31/2023
Lombard Bank sees profit jump
Share issue planned
08/31/2023
Bermuda-US reinsurers should improve underwriting results in 2023, says AM Best
“AM Best projects that premiums for the composite will further increase in 2023, as demand remains high, and rates in key lines of business continue to rise, particularly for catastrophe-exposed business.
08/30/2023
Mergers and acquisitions expected to bounce back in 2024
Various international forecasts predict that mergers and acquisitions activity should pick up in 2024
08/30/2023
Starstone Insurance rating affirmed
The ratings agency added that both companies ceased writing new business in July 2020, and SIBL has since disposed of its US subsidiaries.
08/29/2023
Decline in reinsurance capacity
The report notes: “Most of these losses were due to rising interest rates, widening credit spreads and heightened equity market volatility."
08/29/2023
Ratings agency raises re/insurer’s rating after investment firm takes controlling interest
“The closing of the recently announced Prudential ULSG deal later in 2023 will further diversify and more than double total reserves.”
08/29/2023
Future-proofing Operational Models Key to Supporting Global GP Ambitions
Against this backdrop, stability and familiarity have become hugely significant with GPs increasingly veering towards operational models that can go some way towards mitigating regulatory uncertainty.
08/28/2023
Vistra completes merger with Tricor Group, a business expansion specialist in Asia
Vistra and Tricor are highly complementary businesses and have capabilities which together offer clients a range of significant value-creation opportunities.
08/25/2023
Axis recruits Berkshire Hathaway team to launch inland marine unit
Axis said the creation of the unit was part of the company’s move away from property catastrophe re/insurance to specialty lines.
08/25/2023
Economic growth to slow down to 3.7% this year
Central Bank of Malta publishes revised GDP forecast
08/24/2023
Kingsman and Brooks Macdonald embark on new chapter at new serviced office building
“We look forward to welcoming clients old and new to our new premises and helping them on their businesses journey.”
08/23/2023
Aspen’s profits soar as volatility reduction takes hold
Gross written premium fell from $2.35 billion to $2.16 billion in the period and net earned premiums fell from $1.33 billion to $1.29 billion.
08/23/2023
Fidelis reports Q2 net income of $83.9m
Gross premiums written were $957.2 million, growth of 25.3 per cent from Q2 2022.
08/23/2023
Arch Capital subsidiary invests in pioneering Now Insurance
It said chief among these is the introduction of a new portal for brokers, who will soon be able to submit and bind medical malpractice coverage online for physicians.
08/23/2023
BF&M bounces back to profit in first half of year
This compared to a loss of $31.9 million in Q2 2022 as restated under IFRS 17.
08/23/2023
Sadu Capital’s VC fund picks Apex Group services
This appointment, by a reputable VC firm such as Sadu, demonstrates the application of Apex Group’s single-source solution