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A service for researchers · Monday, November 4, 2024 · 757,633,750 Articles · 3+ Million Readers
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Bermuda Insurance Industry Newswire

  • Published on 11:16 GMT

    RiverStone finalises $1.2bn LPT deal with QBE

    Insurance company RiverStone International has completed an LPT deal with QBE Insurance Group, effective 1 July 2024. The agreement, which secured all necessary approvals, saw RiverStone subsidiaries assuming subject reserves of $1.2bn (£925.35m). …

    Source: Life Insurance International - Label Pending
  • Published on Nov 2, 2024

    Which Is Safer, Caymans Or Bermuda?

    - Advertisement - The safest places to live in the Caribbean are generally those with lower crime rates, strong community ties, and a stable political climate. Like St. Kitts and Nevis, which despite a recent alarmingly high murder rate, are generally as …

    Source: The St Kitts Nevis Observer - Label Pending
  • Published on Nov 2, 2024

    BHB making progress on two new oncologists to Bermuda

    BHB is close to bringing two new oncologists to Bermuda. The new oncologists are in the final stages of recruitment having completed their local registration with the Bermuda Medical Council and we are in the process of securing immigration approval. …

    Source: TNN Bermuda - Uncategorized
  • Published on Nov 1, 2024

    The expanding importance of captive insurance in the US

    In the first of two articles based around an online panel of captive insurance experts, Captive International takes a look at the dramatic rise of captives in the US. The captive insurance industry has evolved into a significant force within the broader US …

    Source: Captive International - Neutral
  • Published on Nov 1, 2024

    RiverStone completes $1.2 billion legacy deal with QBE in Bermuda reinsurance

    RiverStone International operates as an acquirer and reinsurer of legacy and discontinued insurance business across the UK, Bermuda, Lloyd’s, and European markets. Since 2010, the company has acquired over $15.5 billion in liabilities through portfolio …

    Source: Insurance Business - Neutral
  • Published on Nov 1, 2024

    Bermuda captives mourn Leslie Robinson, renowned reinsurance leader

    The BCN described Robinson as a committed advocate for Bermuda’s captive insurance industry, noting that her influence extended far beyond her professional work. The organization highlighted that Robinson’s passing leaves a considerable impact on her …

    Source: Insurance Business - Neutral
  • Published on Oct 31, 2024

    RiverStone closes QBE loss portfolio transfer deal

    RiverStone International’s previously disclosed agreement with QBE to provide a loss portfolio transfer reinsurance for various QBE subsidiaries, including their Lloyd’s syndicates, has closed after receiving all requisite approvals. RiverStone …

    Source: Continuity, Insurance & Risk Magazine - Uncategorized
  • Published on Oct 30, 2024

    Official Govt & Legal Notices For Oct 30 2024

    The official Government and Legal notices for today [Oct 30] include public notification, cancellation of registration, and liquor licence. Civil Aviation [Air Transport Licensing] Act:- BermudAir Notice type: Government Notice Notice sub type: Public …

    Source: Bernews - Neutral
  • Published on Oct 31, 2024

    Arch grows reinsurance GPW 29% as group net income hits $978m in Q3’24

    Arch Capital Group Ltd., the Bermuda-based insurer and reinsurer, has reported premium growth across its insurance and reinsurance segments in the third quarter of 2024, although the underwriting result dipped year-on-year amid elevated losses from natural …

    Source: Reinsurance News - Neutral
  • Published on 18:17 GMT

    AM Best assigns preliminary assessments to Fed Re Ltd

    Updated: Nov 04, 2024 01:28 PM Federal Life headquarters in Riverwoods, Illinois (File photograph) Fed Re Ltd, a Class E insurer registered with the Bermuda Monetary Authority in September, has been assigned a preliminary credit assessment by AM Best. The …

    Source: The Royal Gazette - Neutral
  • Published on 17:47 GMT

    KBRA affirms AeBe ISA rating

    Updated: Nov 04, 2024 12:05 PM The A- insurance financial strength rating of a reinsurer of asset intensive life and annuity liabilities has been affirmed by ratings agency KBRA, which said the outlook for the rating was stable. AeBe ISA Ltd, is an …

    Source: The Royal Gazette - Neutral
  • Published on 13:37 GMT

    Essent Group Reports $176.2M Q3 Income

    Essent Group Ltd. reported net income for the quarter ended September 30, 2024 of $176.2 million or $1.65 per diluted share, compared to $178.0 million or $1.66 per diluted share for the quarter ended September 30, 2023. A spokesperson said, “Essent also …

    Source: Bernews - Neutral
  • Published on 13:15 GMT

    SiriusPoint Ltd. (NYSE:SPNT) Q3 2024 Earnings Call Transcript

    SiriusPoint Ltd. (NYSE:SPNT) Q3 2024 Earnings Call Transcript November 1, 2024 Operator: Good morning, ladies and gentlemen and welcome to SiriusPoint’s Third Quarter 2024 Earnings Conference Call. During today’s presentation all parties will be in a …

    Source: Insider Monkey - Neutral
  • Published on Nov 3, 2024

    RiverStone deal with QBE closes

    Created: Nov 03, 2024 01:00 PM David Rocke, managing director of RiverStone International Bermuda (File photograph) Bermudian-based RiverStone International has announced that the previously disclosed agreement with QBE to provide a loss portfolio transfer …

    Source: The Royal Gazette - Neutral
  • Published on Nov 2, 2024

    Argo centralizing underwriting management for ~$40mn ArgoPro BDA biz to US

    Argo is consolidating the underwriting management of its roughly $40mn Bermuda financial and professional lines portfolio into its US operations, with plans to continue leveraging its Bermuda entity, but with a smaller staffing footprint, The Insurer can …

    Source: The Insurer - Label Pending
  • Published on Nov 1, 2024

    Assessing Arch Capital Group: Insights From 13 Financial Analysts

    In the latest quarter, 13 analysts provided ratings for Arch Capital Group ACGL, showcasing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days …

    Source: Benzinga - Neutral
  • Published on Nov 1, 2024

    BHB hires new oncologists

    Created: Nov 01, 2024 04:14 PM King Edward VII Memorial Hospital (File photograph by Akil Simmons) Two oncologists are “close” to arriving on the island to join the Bermuda Hospitals Board, it was announced today. The BHB said that the new oncologists were …

    Source: The Royal Gazette - Neutral
  • Published on Nov 1, 2024

    The Coachella Valley’s Top Lawyers of 2024

    Disclaimer: Palm Springs Life does not assume, and hereby disclaims, any liability to any person for any loss or damage caused by errors or omissions herein whether such errors or omissions result from negligence, accident, or any other cause. APPELLATE …

    Source: Palm Springs Life - Neutral
  • Published on Nov 1, 2024

    Hospital Provides Update On Oncology Services

    The Bermuda Hospitals Board said they are “close to bringing two new oncologists to Bermuda.” A spokesperson said, “BHB is close to bringing two new oncologists to Bermuda. The new oncologists are in the final stages of recruitment having completed their …

    Source: Bernnews - Neutral

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