All the headlines from our Bermuda Topic Page, ordered by recency.
Mar 14 2013 // Tower Group, Inc. announced the closing of its merger with Canopius Holdings Bermuda Limited as of the close of trading on The NASDAQ Global Select Market (NASDAQ) today March 14, 2013.The announcement said: “Upon...
Mar 1 2013 // Canopius Group Limited announced that Susan Patschak, Chief Executive Officer of Canopius Bermuda has decided to step down, effective May 31, 2013, as she has decided to “assume a new role within the US insurance...
Feb 28 2013 // International insurance and reinsurance companies are expected to cover half of total insured losses from Superstorm Sandy, an industry association said Thursday.Estimated losses from Superstorm Sandy currently stand at...
Feb 20 2013 // Ironshore Inc. has entered the Bermuda healthcare market and appointed Susan Pateras as senior vice president, Healthcare Practice Leader of Iron-Starr (managing general agent for Ironshore Insurance Ltd.). Iron-Starr will...
Feb 20 2013 // Bermuda-based Endurance Specialty Holdings announced that Jerome Faure will be joining the company on March 11, 2013 as CEO, Global Reinsurance. He will be responsible for Endurance’s North America, Bermuda and...
Jan 24 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Bermuda-based JRG Reinsurance Company, Ltd. and its U.S. affiliates,...
Jan 16 2013 // Allied World Bermuda has launched Constellation, a suite of five excess casualty coverage enhancements combined into one package that complements its current portfolio of excess casualty products. These enhancements will...
Jan 16 2013 // A.M. Best Asia-Pacific Limited has assigned a financial strength rating of ‘A’- (Excellent) and issuer credit rating of “a-” to Bermuda-based NEWGT Reinsurance Company, Ltd. Best said the ratings...
Jan 14 2013 // P/C Insurance Joint Industry Forum Jan 15 Waldorf Astoria Hotel, New York, NY Insurance Information Institute www.iii.org2013 Big ‘I’ Winter Meeting Jan 16-20 The Westin Mission Hills Resort & Spa, Rancho...
Jan 11 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Lloyd’s Syndicate 2001, which is...
Dec 18 2012 // A.M. Best Co. has upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of Chicago-based Hiscox Insurance Company, Inc....
Dec 14 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and upgraded the issuer credit rating (ICR) to “a+” from “a” of Hiscox...
Dec 14 2012 // Hiscox announced that “in response to growing opportunities in the US healthcare liability insurance market, Hiscox Bermuda’s healthcare team has appointed Justin Keith as Vice President –...
Dec 5 2012 // Bermuda-based Montpelier Re Holdings Ltd announced the launch of Blue Capital, an asset management platform offering a range of catastrophe reinsurance-linked investment products to institutional and retail...
Dec 4 2012 // There are still several weeks until the end of the year, but forecasts are unlikely to change very much as far as Bermuda’s re/insurers are concerned. A new special report from A.M. Best indicates that “2012 is...
Dec 3 2012 // The Association of Bermuda Insurers and Reinsurers (ABIR) announced the election of its new officers for a two year term beginning on January 1, 2013.Mike McGavick, CEO of XL Group pl, was elected as Chair of the ABIR...
Nov 20 2012 // Bermuda-based Endurance Specialty Holdings Ltd announced that John (“Jack”) Kuhn will be joining the company next week as Chief Executive Officer, Global Insurance, responsible for Endurance’s U.S.,...
Nov 19 2012 // A.M. Best Europe – Ratings Services Limited has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Torus Insurance (Bermuda) Limited, Torus...
Nov 16 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent and the issuer credit ratings (ICR) of “a” of Allied World Assurance Company, Ltd and its operating affiliates. The...
Nov 16 2012 // A.M. Best Europe – Ratings Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Aspen...