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Top Stories / Ad / Most Recent
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The (re)insurer revealed it has “limited exposure” to the Ukraine-Russia conflict and did not make a loss provision due to the degree of uncertainty.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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ABIR is pushing back on behalf of the Bermuda cohort of companies, whose debt is significantly impacted.
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The agency also affirmed the long-term issuer credit ratings of A- (excellent) on Hamilton Re and Hamilton Insurance Designated Activity Company.
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Quigley’s appointment marks the final stage of Ascot’s entry into the US surety market where she’ll act as the product lead.
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A report from the Bermuda Monetary Authority shows how the island’s carriers have raised their worst-case estimate of cyber losses in recent years.
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Argo Re kept its A- (excellent) financial strength rating.
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The strength of the relationship between the government, the regulator and the industry is key to the island’s position.
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The committee is the most senior management team at the Bermuda company, responsible for governance and strategy of the firm.
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In addition to Malloy’s departure, Mark Parkin notified the reinsurer of his intent to resign from the board of directors for personal reasons.
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The MGA’s gross written premium now surpasses $650mn.
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Fontana investors will face a short lock-up period in the sidecar’s ramp-up phase, but thereafter there will be some “embedded liquidity.”