Latest Bermuda Headlines
All the headlines from our Bermuda Topic Page, ordered by recency.
People Moves: Conduit Re Names Roberts CUO; Brit Appoints Hodgkins as Cyber Underwriting Consultant; Oneglobal Hires Gallagher’s de Lima as CEO, Andean Region
Feb 15 2022 // This edition of International People Moves details appointments at Conduit Re, Brit Ltd. and Oneglobal Broking. A summary of these new hires follows here. Conduit Re Names Roberts as Chief Underwriting Officer Greg...
People Moves: BHSI Promotes McGriskin to Lead UK FI; Former Enstar Exec Rocke Heads RiverStone Int’l in Bermuda; Tysers Hires Aon’s Lucas for Political Violence & Terrorism Team
Feb 9 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), RiverStone International and broker Tysers. A summary of these new hires follows here. BHSI Promotes...
Vantage Group Raises Additional Capital, Acquires U.S. Admitted Carrier
Feb 9 2022 // Bermuda-based re/insurer Vantage Group Holdings Ltd. announced that funds managed by Carlyle and Hellman & Freidman have committed up to an additional $200 million of capital to fund the continuing growth of Vantage,...
People Moves: Catalina Appoints ERS’ Parker as CEO; WTW Hires Aon’s Grimwade for D&F Team; BMS Names Former Aon Exec Matheson as Canada Chairman
Feb 3 2022 // This edition of International People Moves details appointments at legacy acquisition specialist Catalina Holdings (Bermuda), Willis Towers Watson (WTW) and BMS Canada. A summary of these new hires follows here. Legacy...
Cyber MGA Resilience Forms Captive Insurer in Bermuda
Feb 1 2022 // Cyber insurance and security provider Resilience Cyber Insurance Solutions has created a captive reinsurance company. Through the Bermuda-based captive, Resilience will retain a share of each risk it underwrites. CJ...
Fortitude Re Forms Bermuda Multi-Line Reinsurer, Buys U.S. Life Insurer
Jan 7 2022 // Fortitude Re announced the formation of a Bermuda multi-line reinsurer and the acquisition of a U.S. life insurer. In addition, Fortitude Re’s subsidiary, Fortitude Reinsurance Co. Ltd. (FRL), Bermuda’s largest...
People Moves: Aon’s Heinicke to Lead Casualty for WTW in Bermuda; KPMG UK Promotes Jones as Head of Insurance Practice; Howden’s King to Miller in Singapore
Jan 5 2022 // This edition of International People Moves details appointments at Willis Towers Watson, KPMG and Miller. A summary of these new hires follows here. Insurance broker Willis Towers Watson announced the appointment of Chris...
Insurtech Arbol Launches Bermuda MGU, Focusing on Parametric Reinsurance
Nov 10 2021 // Arbol Inc., a New York City-based insurtech platform for parametric protection products, announced the launch of Arbol Underwriters Ltd. (AUL), a registered insurance agent based in Bermuda, which is focused on providing...
People Moves: Tysers’ Allen to Oneglobal Bermuda; MS Amlin Promotes Wallington for Specialty Re; Kessler Named Chair of Insurance Europe’s Reinsurance Advisory Board
Oct 25 2021 // Allen appointed as Head of Financial Lines for Oneglobal Bermuda Oneglobal Broking, the London-based specialist broker, announced that Christina Allen will join Oneglobal Bermuda as head of Financial Lines. Allen will...
Bermuda’s Tax Advantage for Re/Insurers to Be Cut With 15% Global Minimum Tax: Fitch
Oct 22 2021 // Bermuda’s advantageous tax status for the re/insurance industry will be reduced at the margin with the expected passage of the recent multilateral agreement to establish a 15% global minimum tax rate, according to...
Howden Acquires Bermuda-Based Insurance Broker Foram
Oct 21 2021 // Howden, the London-based insurance broker, announced the acquisition of Foram Brokerage Ltd., an independent re/insurance broker based in Hamilton, Bermuda. Financial terms of the transaction were not disclosed. Howden to...
People Moves: Gallagher Re’s Bousfield to Lockton Re Bermuda; Atrium Names Munich Re’s Cusition as Marine U/W; MS Amlin Hires RSA’s Forsyth as Lead Class Hull U/W
Oct 8 2021 // This edition of International People Moves details appointments at reinsurance broker Lockton Re and two insurers: Atrium Underwriters and MS Amlin Underwriting. A summary of these new hires follows here. Lockton Re...
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...
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. Charles Mathias Fidelis, the...
