Multi-class international managing general agent platform Volante Capital Holdings (Bermuda) has obtained ‘in-principle’ approval from Lloyd’s to launch Syndicate 1699 for the 2022 year of account
The Bermuda Business Development Agency has appointed David Hart as CEO, effective 1 October
Price Forbes & Partners (Bermuda) has appointed William Wood as senior vice president of the firm’s recently launched captive insurance management unit
Randall & Quilter Investment Holdings has launched Gibson Re, a collateralised reinsurer that will allow the non-life global speciality insurance company to support approximately US$2 billion of reserves
Vantage Group Holdings has launched healthcare and excess casualty insurance businesses in Bermuda and the US as part of the continued expansion of its insurance platform
Sompo International has appointed Neville Weston as head of global distribution and product development for its reinsurance platform
Ascot Group has launched its global reinsurance underwriting and ceded risk solutions platform, Ascot Reinsurance
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) for Inpex Insurance Ltd (Bermuda)