All the headlines from our Bermuda Topic Page, ordered by recency.
Dec 20 2013 // Bradley Kading, president and executive director of the Association of Bermuda Insurers and Reinsurers (ABIR), has praised an intergovernmental agreement signed by US Consul General Robert Settje and Bermuda Minister of...
Dec 20 2013 // Catalina Holdings (Bermuda) Ltd, the long term consolidator in the non-life run-off sector, announced that, “following regulatory approvals received in Bermuda, Switzerland, Ireland, the US and the UK, funds and...
Dec 16 2013 // In comments filed with the International Association of Insurance Supervisors (IAIS), the Association of Bermuda Insurers and Reinsurers (ABIR) offered its support for the development of insurance capital standards (ICS)...
Dec 12 2013 // A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based S.A.C. Re, Ltd. are unchanged and the ratings remain under review...
Dec 5 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Hiscox Insurance Company (Bermuda)...
Dec 4 2013 // The Bermuda-based Argo Group International Holdings, Ltd. announced the appointment of Glenn Burles as senior executive officer of Argo Re (DIFC) and the promotion of Kevin Williams to head of claims for Argo Group’s...
Nov 5 2013 // Aon Risk Solutions, the global risk management business of Aon plc, and XL Group’s Bermuda Insurance Operations, XL Insurance (Bermuda) Ltd. (XLIB), announced a “new stand-alone integrated occurrence product...
Oct 30 2013 // ACE Bermuda has launched a new CODA Premier directors and officers liability policy. The CODA Premier policy offers personal asset protection to directors and officers and is available through ACE’s commercial...
Oct 9 2013 // Catalina Holdings (Bermuda) Ltd. announced that it has completed its acquisition of American Safety Reinsurance, Ltd. (AS Re), from Fairfax Financial Holdings Limited, following approval from the Bermuda Monetary...
Sep 27 2013 // Stephen J.O. Catlin has led the company/group that bears his name since 1984. He’s seen it grow into the biggest syndicate at Lloyd’s with gross premiums written of $5.5 billion. He was the first to move the...
Sep 24 2013 // International specialty property/casualty insurer and reinsurer Bermuda-based Catlin Group Limited announced the establishment of the Catlin Global Reef RecordCatlin has sponsored the group’s Seaview Survey for the...
Sep 11 2013 // Hurricane Humberto, the season’s first, churned in the Atlantic west of the Cape Verde Islands as Tropical Storm Gabrielle stalled after passing Bermuda.Humberto was declared a Category 1 storm in a 5 a.m. advisory...
Sep 11 2013 // Former American International Group Inc. chief Maurice “Hank” Greenberg has a new business partner: the U.S. taxpayer.Greenberg’s Starr Indemnity & Liability Co. is one of 18 companies approved to get...
Sep 10 2013 // Tropical Storm Gabrielle reformed in the Atlantic south of Bermuda, which can expect high winds, rough surf and rain later today, according to the U.S. National Hurricane Center.Gabrielle was 165 miles (265 kilometers)...
Aug 19 2013 // Catalina Holdings (Bermuda) Ltd., a consolidator in the non-life run-off sector, announced that it has signed a definitive agreement with Fairfax Financial Holdings Limited and Tower Group International, which confirms...
Aug 15 2013 // Aon Risk Solutions, the global risk management business of Aon plc, announced enhancements to Bermuda Shorts, which it described as “an excess liability follow form policy that answers the demand for greater contract...
Aug 13 2013 // After two property/casualty insurers—Tower Group International Ltd. and Meadowbrook Insurance Group—said they would delay scheduled Securities and Exchange (SEC) filings last week, law firms set the wheels in motion...
Aug 9 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Alterra Bermuda Limited and its affiliated operating companies, as well as...
Aug 8 2013 // Billionaire hedge-fund manager Daniel Loeb’s Third Point Reinsurance Ltd., which has no staff in the U.S., said it can limit financial disclosure after a public offering because of rules promoting domestic job...
Aug 6 2013 // Willis Group Holdings announced that Michael Harden, currently Chairman of Willis Re Australia, has been appointed CEO of Willis Re Bermuda, effective January 1, 2014Harden described his new assignment as a “great...