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S&P reaffirms IGI ratings
05 July 2016
Reporter Becky Butcher

Standard & Poor’s Ratings Services (S&P) has reaffirmed the “A-“ insurer financial strength on International General Insurance Company’s (IGI) Bermuda and UK operations...

Bermuda to introduce LLC legislation
04 July 2016
Reporter Becky Butcher

The Bermuda Government has proposed to introduce limited liability company (LLC) legislation based on Delaware’s statute...

A.M. Best reviews Ironshore ratings
28 June 2016
Reporter Becky Butcher

A.M. Best has removed Ironshore’s status of “under review with negative implications” and affirmed its financial strength rating as A (Excellent) with a negative outlook...

Bermuda unaffected by Brexit
27 June 2016
Reporter Becky Butcher

Bradley Kading, president and executive director of Association of Bermuda Insurers and Reinsurers (ABIR) insists that Bermuda will remain unaffected by the UK vote to leave the EU...

EXCLUSIVE: Shelby Weldon to depart the BMA
14 June 2016
Reporter Becky Butcher

The Bermuda Monetary Authority’s current director of licensing and authorisation, Shelby Weldon, is stepping down from his role, according to multiple sources...

SUMIT Insurance rated ‘excellent’
13 June 2016
Reporter Becky Butcher

A.M. Best has assigned a financial strength rating of “A (Excellent)” and an issuer credit rating of “a” to SUMIT, the Bermuda-domiciled captive of SUMIT Insurance Company...

Cedar Management becomes Citadel Management Bermuda
10 June 2016
Reporter Becky Butcher

Cedar Management has been renamed Citadel Management Bermuda following its acquisition...

New vice president of business development at JLT
11 May 2016
Reporter Stephanie Palmer

Andrew Hulme is changing positions at JLT Insurance Management, taking on a new role as the new vice president of business development...

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