Hashtag: #BermudaInsurance
Aspen Insurance Holdings Appoint Tim Mardon
Aspen Insurance Holdings Limited announced the appointment of Tim Mardon as Global Head of Property Catastrophe Reinsurance, effective November 14. A spokesperson said, “Tim will also become Chief Underwriting Officer [CUO] of Aspen Bermuda Limited [ABL] and a member of Aspen Re’s Leadership team. Based in Bermuda, he will report to John Welch,... Read more of this article
Voysey-Moss Appointed VP Of Broking Services
Freisenbruch Insurance Services [FIS] has appointed Marie Voysey-Moss as Vice President of Broking Services. A spokesperson said, “Marie has spent the last sixteen years within the Lloyd’s market as an underwriter and as a placing broker running a Financial Institutions team. She has cultivated relationships in the UK and offshore in Jersey,... Read more of this article
Hamilton Insurance Announces Launch Of IPO
Hamilton Insurance Group, Ltd. announced today the launch of its initial public offering of 15,000,000 of its Class B common shares pursuant to a registration statement on Form S-1 filed with the US Securities and Exchange Commission [SEC]. A spokesperson said, “The offering consists of 6,250,000 Class B common shares offered by the Company and... Read more of this article
Talcott Financial Group Appoints New CEO
Talcott Financial Group announced today the appointment of Imran Siddiqui as CEO, effective immediately. A spokesperson said, “Talcott Financial Group, an international life insurance group and the insurance industry’s trusted partner for comprehensive risk solutions, today announced the appointment of Imran Siddiqui as the Chief Executive Officer... Read more of this article
ABIR Welcomes Andrew Mais & Gary Anderson
The Association of Bermuda Insurers and Reinsurers [ABIR] hosted a special reception to welcome U.S. National Association of Insurance Commissioners [NAIC] President-Elect Andrew Mais and Massachusetts Division of Insurance Commissioner Gary Anderson to Bermuda. A spokesperson said, “The leaders were on island to present at this week’s InsuranceERM... Read more of this article
White Mountains Launches WM Partners
White Mountains Insurance Group has launched White Mountains Partners, a wholly-owned division that offers institutional funding to businesses, led by John J. Daly as CEO and Managing Partner. A spokesperson said, “White Mountains Insurance Group, Ltd. [NYSE: WTM] today announced that it has launched White Mountains Partners [WM Partners], a new,... Read more of this article
PwC Insurance Summit Announced Speakers
PwC Insurance Summit, presented with the Financial Times today announced keynote speakers for its 9 November event. Moderated by PwC Bermuda’s insurance leadership and prominent FT journalists, Ian Smith and Robert Armstrong, the one-day in-person summit will delve into critical topics on the risk management agenda. A spokesperson said, ”Eric... Read more of this article
Radian Closes $353 Million Notes Transaction
Radian Group Inc. announced that its wholly owned subsidiary, Radian Guaranty Inc. has obtained $353 million of fully collateralized excess of loss reinsurance coverage from Eagle Re 2023-1 Ltd. A spokesperson said, “The excess of loss reinsurance covers eligible mortgage insurance policies written by Radian Guaranty from April 1 to December 31,... Read more of this article
AM Best Assigns Credit Ratings To Hagerty Re
Hagerty Reinsurance Limited, based in Hamilton, Bermuda, has received an “Excellent” A- Financial Strength Rating and an “Excellent” a- Long-Term Issuer Credit Rating from AM Best. The ratings agency said, “AM Best has assigned a Financial Strength Rating of A- [Excellent] and a Long-Term Issuer Credit Rating of “a-”... Read more of this article
Arch Insurance Appoints Matthew Smith
Arch Insurance [Bermuda] announced the appointment of Matthew Smith as Managing Director, with effect from 1 January 2024 following the retirement of Tony Hay. A spokesperson said, “In this role, Smith will be responsible for managing all aspects of Arch Insurance [Bermuda]’s direct insurance operations. He will report to Mike Lay, Chief Underwriting... Read more of this article
ABIR MOU With Association of British Insurers
The Association of Bermuda Insurers and Reinsurers [ABIR] and the Association of British Insurers [ABI] have agreed to work together on matters of mutual interest detailed in a Memorandum of Understanding [MoU]. A spokesperson said, “The agreement will build on the working partnership that exists between the Bermuda and UK markets, two leading... Read more of this article
ABIR@30 Lunch Forum Speakers Announced
The Association of Bermuda Insurers and Reinsurers [ABIR] will celebrate three decades of leadership and partnership at the ABIR@30 Lunch Forum on Tuesday, September 26. A spokesperson said, “ABIR announces a special leadership panel will present including Lloyd’s of London Fiona Luck; ABIR Chair & Hamilton CEO Pina Albo; Axis Capital Albert... Read more of this article
