A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Rembrandt Insurance Company, the Bermuda-based captive reinsurer of Vitol Holding
Appleby has appointed Brad Adderley as office managing partner in Bermuda, effective 1 January 2022
International speciality insurer and reinsurer SiriusPoint has partnered with Parameter Climate, a climate underwriting and distribution advisory company
Citadel Risk has made a capital injection of US$25 million into Citadel Reinsurance Company Bermuda to strengthen the group’s balance sheet
Offshore firm Appleby has appointed Tiffany Boys and Matthew Carr as partners, to be based at the firm’s Bermuda office
James River Group Holdings has entered two principal operating subsidiaries into a loss portfolio transfer reinsurance transaction with Aleka Insurance, a wholly-owned captive insurer of Uber Technologies
Randall and Quilter Investment Holdings has appointed Andrew Pinkes as global CEO of its legacy insurance business, effective 1 October
Bermuda International Long Term Insurers and Reinsurers has appointed Natasha Scotland Courcy as vice chair, while Andrew Sooboodoo has joined the association as board member
