Bermuda’s Business Development Agency has elected Susan Pateras as new deputy chair and reappointed Fiona Beck as treasurer, with immediate effect
AkinovA explains that this makes them the first new regulated insurance marketplace since Lloyd’s of London Act of parliament in 1871
Sompo International, a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Richard Brown to lead a new team focusing on property business
Canopius Reinsurance, the Bermuda-based reinsurance company of Canopius, has been granted a Class 4 Reinsurer licence by the Bermuda Monetary Authority
W. R. Berkley Corporation has launched Lifson Re, a special purpose insurer registered in Bermuda and licensed by the Bermuda Monetary Authority
Randall & Quilter II Holdings has completed the acquisition of Marillac Insurance Company, the Cayman captive insurer of Verity Health System of California
Fleming Re insurance, a Bermuda-based class 3A insurance company, has established a custom reinsurance facility with BevCap P&C Protected Cell
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of NEWGT Reinsurance Company, based in Bermuda
