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Top Stories / Ad / Most Recent
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The Mark Cloutier-led carrier reported improvement in its underlying underwriting result. -
Richard Tomkins will relocate to become managing director of Tysers Bermuda Ltd.
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Bermudian reinsurer Maiden Holdings reported a loss of $22mn in Q2
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An M&A deal is seen as a way Sirius can reduce its concerns surrounding its financially troubled parent.
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The Bermudian total return (re)insurer affirmed Daniel Malloy as CEO and appointed him to the company’s board of directors.
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The transaction likely values the business at between £140mn and £150mn.
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The Bermudian (re)insurer’s earnings of $0.77 per share beat consensus a consensus estimate of $0.67.
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The year-over-year improvement was driven by a 15.9-point improvement in its combined ratio and 26.7 percent growth in net investment income.
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Albo is the first woman to serve as an elected officer of the Bermudian trade body.
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Meredith Head will join the reinsurer in September after more than 10 years at TMR.
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The (re)insurer is expected to pick either its reinsurance or insurance CEO to replace group chief Dominic Addesso.
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The Bermudian won the non-binding vote on executive pay, but claimed just 50.3 percent of the vote.
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