07/17/2023
The group has elevated reinsurance dependency, reflective of its catastrophe exposed risk profile with the strategic use of excess of loss and quota share arrangements to mitigate potential volatility.
07/17/2023
AM Best said it would keep Accredited’s ratings under review until after the sale of Accredited was completed.
07/14/2023
KPMG Malta strengthens its financial accounting service offering
07/14/2023
The BMA also special purpose insurers Stabilitas Re and Mayflower Re, both of which are catastrophe bond vehicles.
07/13/2023
The transaction is expected to close in due course following customary regulatory approvals.
07/13/2023
The company’s capital base also dipped over the course of the year, from $55.6 billion to $53.3 billion.
07/13/2023
Acquisition Will Expand Gen II’s Private Capital Servicing Capabilities in Key European Jurisdictions and Increase Assets Under Administration to More Than $1 Trillion.
07/13/2023
This year’s program will feature an inaugural introduction session by the Bermuda Monetary Authority.
07/12/2023
AXA, which bought XL Capital for $15 billion in 2018, declined to comment.
07/11/2023
Announces Retransform acquisition and JV with The Annet Group
07/11/2023
The shares dropped to $31.83 when Brookfield announced its bid on June 27 before recovering and then fell back to $31.91 after announcing the bid had been accepted.
07/11/2023
The purchase, which was carried out by Essent US Holdings from FoA subsidiary Incenter, was previously announced on February 2, 2023.
07/11/2023
Consolidated gross profit margin increased 380 basis points to 45.4 per cent, compared to 41.6 per cent.
07/11/2023
The Centre was joined by key personnel from leading banks at the seminar which was organised by China Construction Bank (CCB) Shanghai and CCB Labuan.
07/11/2023
Apex Group’s experienced local team will provide Fund Accounting, Investor/LP servicing, Cash Management and Regulatory Reporting solutions.
07/11/2023
It aims to support local organisations that are actively working to minimise their own or the community's impact on the environment.
07/10/2023
The change in tack follows a tumultuous few months for the UN-convened programme that was launched at the G20 Climate Summit in Venice in 2021.
07/07/2023
While the state's usable reserve has fallen to USD 148 million this year, it had fallen to USD100 million in August last year.
07/07/2023
Mr Adderley was sceptical of industry talk of rate softening in the reinsurance market.
07/07/2023
FDI increased slightly from $1.185bn in 2021 to $1.255bn, reaching the highest level since 2017.