The sale is inline with its strategic objective to consolidate its UK presence into one company market platform
The agreement covers several of its professional lines and liability insurance portfolios relating to 2019 and prior accident years
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Stellar Insurance (Stellar) (Bermuda)
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Transmonde Services Insurance Company
AM Best has affirmed the financial strength rating of B+ [Good] and the long-term issuer credit rating of “bbb-” [Good] of Orion Reinsurance [Bermuda] Ltd
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of "a+" (Excellent) of Castle Harbour Insurance Limited (Castle Harbour) and Harrington Sound Insurance Limited (Harrington)
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Evergreen Insurance Company Limited (EICL) (Bermuda)
Prior to her appointment at Marsh, Browne was assistant director and insurance manager at Gloucester Insurance, also in Bermuda, from October 2021 to October 2022