11/19/2021

Ravenscroft announced acquisition

There are a number of synergies between MitonOptimal and Ravenscroft’s offerings and we both share a real focus on client service.

11/18/2021

Bahamas First sees eight percent gross premiums growth

For the nine months ended September 30, 2021, gross premiums grew by 7.8 percent to $135 million, compared to $125 million in the prior year. Unfortunately, net incurred claims for the current quarter exceeded prior year results.

11/17/2021

Bahamas reduces national debt

Bahamas’ fiscal deficit, which stood at US$153.5 million, was nearly 55 per cent less than it was a year ago, but still in line with the projected 16.1 per cent budget target, the report showed.

11/12/2021

SiriusPoint partners with LimitFi

"We see a significant opportunity to capitalise on the rapidly growing market need for non-payment insurance that is not currently being met.”

11/09/2021

Compre and SirusPoint complete LPT

The loss portfolio transfer is underwritten by Compre’s class 3A Bermudian reinsurer, Pallas Reinsurance Company and covers asbestos, environmental, and workers’ compensation liabilities.