05/05/2023
SiriusPoint delivers first quarterly profit since 2021
The company had net investment income of $62 million and a total investment result of $74 million.
AIM and Hedge Funds
05/05/2023
BEDC and Global Atlantic Re partner to support small businesses
The BEDC has supported the growth and development of small businesses in Bermuda for 43 years, helping to launch countless successful businesses and providing training, mentorship and networking opportunities to entrepreneurs.
05/04/2023
Maillard & Co acquires Assured Property Management
Assured Property Management’s portfolio and team will add to Maillard & Co’s team of property professionals, with property management, surveying, residential and commercial property specialists all under one roof.
05/04/2023
James River posts Q1 profit of $7m
E&S segment renewal rates increased 8.9 per cent, with all underwriting divisions reporting positive pricing increases.
05/03/2023
Fortitude Re and Lincoln Financial in $28bn deal
Fortitude Re describes itself as Bermuda’s largest multiline insurer and is backed by the Carlyle Group and T&D Insurance Group.
05/03/2023
RenRe enjoys robust Q1 despite GWP shrinking
The GWP on the casualty side shrank even more – by 7.1%
05/02/2023
Strong first-quarter start for Everest Re
The combined ratio was 90.8 per cent for reinsurance and 92.4 per cent for insurance driven by improved pricing and lower catastrophe losses year-over-year.
05/02/2023
Excellent credit ratings for Aspida Life Re
Aspida Re currently maintains the strongest level of risk-adjusted capitalisation
05/02/2023
Foundation launched to promote economic growth
Global Atlantic Financial Group is an insurance company meeting the retirement and life insurance needs of individuals and institutions.
05/02/2023
First Central awarded UK’s ‘Best Workplaces’ recognition
Michael Lee, Group Chief Executive Officer, said: “I’m proud to see that we’ve been recognised in the UK’s Best Workplaces."
05/02/2023
Japan networking proves positive
Deputy Nick Moakes, representing Guernsey's Committee for Economic Development, recently attended two events in London.
04/28/2023
Arch profits soar, reinsurance unit sees robust growth
Growth reflected increases in most lines of business, due in part to new business opportunities, increases in existing accounts and rate changes.
04/28/2023
Markel posts solid Q1 profit driven by ‘three engines’
Its net investment gains and losses were $372 million, compared with a loss of $358 million a year earlier, which reflected an increase in the fair value of its equity portfolio resulting from favourable market value movements.
04/28/2023
KPMG celebrates 50 years in Jersey
KPMG is celebrating fifty years of operating in Jersey.
04/27/2023
First quarter profit higher for Arch Capital
Pre-tax current accident year catastrophic losses for Arch’s insurance and reinsurance segments, net of reinsurance and reinstatement premiums, was $79 million.
04/27/2023
Axis Capital posts Q1 profit of $173 million
Operating income was $200 million, compared with operating income of $180 million in the prior year quarter.
04/26/2023
Virtu, Francis Busuttil to acquire 70% holding in Malta Mediterranean Hub
Virtu Holdings and LTV Developments to acquire 70% shareholding in MMG Group from owner Paul Abela
04/26/2023
The Vision Behind Oak’s Rebrand
When we relaunched Oak’s vision this year, we were clear from the start that we wanted to run a business of which we could be proud
04/26/2023
New Lloyd’s private equity fund
This builds on the investment partnership announced last year with Schroders Solutions, part of the Schroders Group.
04/26/2023
Manulife considering move from Bermuda to Asia
Mr Graham said the Hong Kong government and the insurance industry there were “lined up” to make the redomiciling happen.