News
Insurance
Bermudian Fidelis Insurance has taken an equity stake in new managing general agent (MGA) Firestone Surety and will be providing underwriting capacity. 15 December 2017
Insurance
Insurer Chubb has appointed Richard Porter as senior vice president, head of financial lines for Chubb Bermuda. 27 March 2019
Insurance
Rising costs from ransomware and systemic threats have changed attitudes to cyber threats over the last year, according to the ratings agency. 16 September 2021
Insurance
The group is unable to accurately forecast the outlook for 2020 but insists the capital, liquidity and funding positions remain strong. 8 April 2020
Insurance
Ryan Specialty Group (RSG), a specialty insurance services business based in Chicago, has completed the acquisition of specialty marine managing general agency (MGA) Trident Marine Managers. 2 March 2017
Alternative Risk Transfer
Alternative capital rose by $8 billion to $89 billion in 2017 and is expected to grow further in 2018 after a strong first quarter, according to Aon Benfield’s April 2018 Reinsurance Market Outlook. 16 April 2018
Insurance
New Zealand-based general insurer Tower has entered into a $22 million settlement agreement with Hong Kong's Peak Re regarding an adverse development cover policy entered in 2015. 1 March 2018
Insurance
Specialist insurer Beazley has expanded its presence in Canada with the acquisition of specialist managing general agent (MGA) Creechurch Underwriters. 6 February 2017
Insurance
The acquired firm specialises in the areas of housing, recreational, and specialty insurance. 12 March 2020
Insurance
Starr Companies has entered an agreement with Smartt MGA to act as agent for Starr International (Europe) to provide automated quotes and policy documentation for light general aviation business. 21 November 2017
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