Latest Bermuda Headlines

All the headlines from our Bermuda Topic Page, ordered by recency.

People Moves: Ed Bermuda Names Marsh’s Juul as Head of Casualty; Mosaic Hires Jones From Liberty Specialty Markets; BHSI Promotes 2 for UK & Europe

Oct 5 2021 // This edition of International People Moves details appointments at Ed Bermuda, Mosaic Insurance and Berkshire Hathaway Specialty Insurance (BHSI).A summary of these new hires follows here. Ed Bermuda Names Marsh’s...

Boutique Broker McGill and Partners Launches Bermuda Operation

Oct 4 2021 // McGill and Partners, the boutique specialist re/insurance broker, is set for further expansion following regulatory approval for its Bermuda operation. The office will officially open later this month.The Bermuda office...

People Moves: Insurer Aviva Names Montague, Cummings to Exec Committee; Wood to Launch Captive Operation for Price Forbes Bermuda; Wagstaff Is CEO of LMG

Sep 24 2021 // This edition of International People Moves details appointments at UK insurer Aviva, broker Price Forbes Bermuda and the London Market Group.A summary of these new hires follows. Aviva Strengthens Exec Committee with Chief...

Vantage Expands Into Healthcare, Excess Casualty in Bermuda, U.S.

Sep 6 2021 // Bermuda’s Vantage Group Holdings Ltd. is introducing new product offerings in healthcare and excess casualty.Vantage was established in late 2020 and began writing reinsurance risk on January 1, 2021, through its...

Horton Becomes QBE’s CEO; SiriusPoint’s Gibbons Named Head of QBE Re Bermuda

Sep 2 2021 // Andrew Horton, the former CEO of Beazley, officially became QBE’s new group CEO on Sept. 1 – an appointment that was originally announced in March. Also on Sept. 1, QBE Re announced the appointment of...

AM Best Assigns ‘B++’ (Good) Credit Rating to Bermuda-Based ASR Re Ltd.

Aug 20 2021 // AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to Bermuda-based ASR Re Ltd. (ASR Re). ASR Re is a wholly owned subsidiary of ASR Holdings...

Africa Specialty Risks Launches Reinsurer in Bermuda

Aug 6 2021 // Africa Specialty Risks (ASR), the pan-African focused reinsurance group, announced it has launched a licensed reinsurer in Bermuda.The group will offer a full suite of products from its Bermudan reinsurer, including...

People Moves: Fidelis Names Mathias as Director of Underwriting, Murfet as CRO; OneGlobal Hires BMS’ Bowring for Energy Casualty, Bermuda

Aug 5 2021 // This edition of International People Moves covers two promotions at the insurer Fidelis and a new hire at broker OneGlobal in Bermuda.A summary of these appointments follows here. Fidelis, the Bermuda-based insurer, has...

BMS Re Launches Bermuda Unit, Led by Former Alterra Executive Mullan

Aug 2 2021 // BMS Re, the London-based independent reinsurance broker, announced the launch of BMS Re in Bermuda. Once necessary visa and regulatory requirements are met, Adam Mullan will be appointed as executive director.BMS...

Former Aon Executive Mahoney Named Chairman of Oneglobal Bermuda

Jul 21 2021 // Oneglobal Broking has appointed former Aon executive Dennis Mahoney as chairman of Oneglobal Bermuda, with immediate effect.Following his retirement as chairman of Aon Global, Mahoney served on the board of Ironshore prior...

Lockton Re Launches Bermuda Office Led by Former Aon Executive Davies

Jun 16 2021 // Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, announced the launch of its Bermuda office Lockton Re (Bermuda) Ltd., which will be led by Jonathan (Jonty)...

People Moves: Garside Named CUO at Liberty Specialty Markets Bermuda; RSA’s Perry Hired at Hiscox UK’s Art & Private Client Division

Jun 9 2021 // This wrap-up of international People Moves details appointments at Liberty Specialty Markets Bermuda and Hiscox UK.A summary of these new hires follows here. Liberty Specialty Markets Bermuda (LSM Bermuda), part of Liberty...

Miller Appoints Ex-Aon Executive Simpson as Head of Bermuda

Mar 15 2021 // London-based broker Miller has appointed Charlie Simpson to lead its new platform in Bermuda.Simpson, who joins as head of Bermuda, will concentrate on growing the broker’s presence in the key re/insurance hub by...

Legacy Specialist DARAG Acquires Bermuda-Based SunPoint from Fosun International

Mar 9 2021 // DARAG, the Malta-based legacy acquirer, announced the acquisition of SunPoint Holdings Ltd. in Bermuda. SunPoint will be integrated into DARAG Bermuda Ltd and will provide DARAG Bermuda with a platform for further...

Ascot Promotes Thompson to CEO, Bermuda, as Berger Retires

Feb 26 2021 // Ascot announced the promotion of Ian Thompson to chief executive officer, Bermuda.Thompson will assume leadership of Ascot’s multi-faceted business on the island, which includes specialty insurance, reinsurance and...

Mosaic Launches Bermuda-Based Specialty Insurer, Along with Lloyd’s Syndicate 1609

Feb 4 2021 // Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a newly formed Lloyd’s syndicate.Operating with initial capitalization of $185...

Deadline Approaches for New York-Bermuda InsurTech Early Stage Competition

Jan 22 2021 // The submission deadline for the 2021 InsurTech Early-Stage Competition is approaching on January 29, 2021.Global insurtech hub InsurTech NY and the Bermuda Business Development Agency (BDA), Bermuda’s independent...

AkinovA Granted Bermuda License to Operate as Electronic Insurance Marketplace

Jan 20 2021 // AkinovA (Bermuda) Ltd., the wholly owned Bermuda trading subsidiary of AkinovA Ltd., has been granted the first “Insurance Marketplace Provider” license by Bermuda’s financial services regulator.This new...

Hamilton Appoints AXA XL’s Scully as Head of Casualty Insurance in Bermuda

Jan 19 2021 // Hamilton Insurance Group Ltd. announced the appointment of Elaine Scully as senior vice president, head of Casualty Insurance in its Bermuda company, Hamilton Re Ltd.Scully will report to Tim Duffin, chief underwriting...

Canopius Re Receives License in Bermuda to Operate as Class 4 Reinsurer

Jan 13 2021 // Canopius announces its Bermuda-based reinsurance company Canopius Reinsurance Ltd. has been granted a Class 4 reinsurer license by the Bermuda Monetary Authority.The reclassification will significantly extend Canopius...