Bermuda

The hedge fund reinsurer offered to merge with Sirius in May 2018, before the company’s listing on the Nasdaq exchange.

Bernard Goyder, October 19, 2020

Backing comes from industrial investor Ajay Kumar through his family office.

Anna Sagar, October 19, 2020

The thwarted bidder accuses Watford’s board of neglecting their duties and threatens legal action.

Bernard Goyder, October 15, 2020

The ratings action follows the agreement with Arch Capital to buy the struggling company.

Samuel Casey, October 15, 2020

Watford is liable for a $18.6mn fee if the Arch deal is terminated.

Bernard Goyder, October 14, 2020

Axis, RenRe, Arch and Everest Re trade roughly in line with the S&P 500.

Rachel Dalton, October 13, 2020

The Bermudian is adding $10mn-$15mn to its Covid loss estimate as claims climb.

Bernard Goyder, October 13, 2020

The reinsurer also cited West Coast wildfires, the August derecho, Hurricane Isaias and Typhoon Maysak as contributing to the total.

James Thaler, October 13, 2020

The carrier also says its Q1 Covid-19 loss estimate remains at $235mn.

John Hewitt Jones, October 13, 2020

Chris Sitowski joins the carrier from Chubb North America.

John Hewitt Jones, October 13, 2020

The reinsurer dubbed "Vantage" also secures Aurora Swithenbank as CFO.

Adam McNestrie, October 13, 2020

Sinclair was set up in 1985 to provide reinsurance cover to a network of casualty insurers.

Bernard Goyder, October 09, 2020

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