Hashtag: #BermudaInsurance
Duff Joins Northstar Sales Team As Senior VP
Northstar Financial Services [Bermuda] Ltd., the Bermuda-based insurer serving international high net worth clients, announced the appointment of Stephen Duff to its sales team as Senior Vice President. Mr. Duff has almost thirty years’ experience in the life/annuity and reinsurance industries, with a particular focus on offshore clients. He was formerly... Read more of this article
CD&P: Mergers Will Strengthen Island’s Position
Mergers affecting Bermuda’s re/insurance sector will strengthen the Island’s position as a major international market, according to a director of a leading Island law firm. Graham Collis, a director in the corporate department in the Bermuda office of Conyers Dill & Pearman, believes that the recently announced deals between XL and Catlin, RenaissanceRe... Read more of this article
BF&M Named Healthcare Provider For ACEA
BF&M has been named the Official Healthcare Provider of the America’s Cup Event Authority [ACEA] and Oracle Team USA. “BF&M has a proud heritage in Bermuda, dating back to 1903, when the first home and marine insurance policies were issued,”, an America’s Cup spokesperson said. “We started offering general insurance in... Read more of this article
Daniels Earns Retirement Planning Qualification
A retirement planner at one of the Island’s leading insurance firms has just qualified in a US financial course. Laurie Daniels, Customer Service Manager, at Colonial Group International, has qualified as a Chartered Retirement Planning Counsellor [CRPC] through the College for Financial Planning, headquartered in Colorado. The online course consisted... Read more of this article
Beechwood Re Opens New Office In Bermuda
[Updated] Beechwood Re announced today [Mar 12] the opening of its affiliate Beechwood Bermuda International Limited’s new headquarters in Bermuda, saying it allows them to “more effectively leverage the world-class infrastructure and expertise available in Bermuda.” The office, located at Cumberland House, 1 Victoria Street in Hamilton,... Read more of this article
Ching Joins Reinsurance Broker Capsicum Re
Capsicum Re, the specialist reinsurance broker, announced that Neville Ching has joined as a Managing Partner to lead its Retro division and run its Bermudian operation. Mr Ching brings over 25 years of industry experience to Capsicum Re and has extensive expertise in producing, managing and placing large reinsurance transactions in the global market,... Read more of this article
Joan Lamm-Tennant Joins Hamilton Insurance
Hamilton Insurance Group , the Bermuda-based holding company of property and casualty reinsurer Hamilton Re and of Hamilton USA, the organization’s U.S. property and casualty insurance operations, today [Mar 9] announced that Joan Lamm-Tennant has been appointed to its Board of Directors. Ms. Lamm-Tennant is a leader in the field of global economics... Read more of this article
Sandell Asset Sponsors Launch of Sandell Re
Sandell Asset Management Corp. recently sponsored the launch of Sandell Re, which they said is a “Bermuda based reinsurance company that can invest in the firm’s global event driven investment strategy, which will be managed in a separately managed account with an investment objective substantially similar to Sandell Asset Management’s main... Read more of this article
RenaissanceRe Completes Platinum Acquisition
[Updated] Bermuda-based RenaissanceRe Holdings Ltd. today [March 2] announced that it has completed its acquisition of Platinum Underwriters Holdings Ltd. Kevin J. O’Donnell, President and Chief Executive Officer of RenaissanceRe, commented: “The combination of RenaissanceRe and Platinum marks an important milestone for our company, benefiting... Read more of this article
Platinum Shareholders Approve RenRe Deal
Platinum Underwriters Holdings, Ltd. announced that at a special general meeting of shareholders held earlier today [Feb 27], all proposals related to the Company’s pending acquisition by RenaissanceRe Holdings Ltd. were overwhelmingly approved by the Company’s shareholders. “I’d like to thank our shareholders for their support... Read more of this article
Bill Hagerty To Join RenRe Board Of Directors
Bermuda-based RenaissanceRe Holdings Ltd. announced that W. James “Jim” MacGinnitie, 76, who has served as a member of the Board since 2000, will retire as a Director, and that William F. “Bill” Hagerty IV, 55, will join the Board, each to occur in conjunction with the Company’s Annual General Meeting of Shareholders in... Read more of this article
A.M. Best Assigns Debt Rating To Third Point Re
A.M. Best has assigned a debt rating of “bbb-” to the $115 million 7% fixed senior unsecured notes due 2025 recently issued by Third Point Re [USA] Holdings, Inc. [Wilmington, DE]. The assigned outlook is stable. Third Point Reinsurance Ltd [TPRE] [Bermuda], the parent company of Third Point RE [USA] Holdings, is the guarantor of the senior notes.... Read more of this article
