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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
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has hired Robert Patten as head of casualty. 15 December 2017
Alternative Risk Transfer
Specialty re/insurer Brit is launching a new Bermuda-domiciled collateralised reinsurance platform, Sussex Capital, and has appointed former Axis Re CEO Jay Nichols to join its board. 13 December 2017
Insurance
Former Fidelis chief financial officer, Neil McConachie is joining the board of directors of Bermuda-based Third Point Reinsurance. 13 December 2017
Insurance
RenaissanceRe Holdings and Validus Holdings registered the highest combined ratios in the first nine months of 2017, according to Fitch Ratings. 12 December 2017
Insurance
Sompo Holdings plans to grow its business organically and through acquisitions in order to become a top 10 global insurance group in terms of earnings and return on equity (ROE) after 2020. 12 December 2017
Insurance
Bermuda-based re/insurer Validus Holdings has made several leadership appointments, reflecting an organisational change that results in three new reportable segments - reinsurance, insurance and asset management. 11 December 2017
Insurance
Validus expects the net impact from the October 2017 California Wildfires to be $30.0 million. 8 December 2017
Insurance
Specialty re/insurer Brit is relocating its Gibraltar based reinsurer to Bermuda as part of its long-term strategy. 7 December 2017
Alternative Risk Transfer
Markel CATCo Investment Management has appointed Alissa Fredricks as its new chief executive officer, Bermuda. 7 December 2017
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