News
Bermuda analysis
The Bermuda Monetary Authority (BMA) licensed Great Northern Assurance, a class two, multi owner captive, in February, as one of eight new re/insurance entities authorised in the month. 12 March 2021
Bermuda analysis
AM Best has upgraded PMG Assurance Bermuda’s long term issuer credit rating to a+ from a, with its financial strength rating remaining A as before. 16 February 2021
Bermuda analysis
The Bermuda Monetary Authority (BMA) licensed BPG Bermuda Insurance as a multi owner captive in January. 10 February 2021
Bermuda analysis
AkinovA, the electronic insurance marketplace, is believed to be the first new regulated insurance marketplace since the formation of Lloyd’s in 1871, having been granted the Bermuda Monetary Authority’s (BMA) first Insurance Marketplace Provider licence. 20 January 2021
Bermuda analysis
Bowring Marsh Bermuda (BMB) has promoted Lindsay Roos to be managing director of its healthcare placement team. 17 December 2020
Bermuda analysis
The Bermuda Monetary Authority (BMA) registered seven new insurance entities in November, including two class two, multi owner captives. 15 December 2020
Bermuda analysis
Randall & Quilter Investment Holdings (R&Q) reported strong growth across both its programme and legacy businesses in the first half of 2020. 15 October 2020
Bermuda analysis
Fleming Re Holdings will acquire Sinclair Insurance Company, a Bermuda-based captive that was incorporated in 1985 and has provided workers’ compensation, general and products liability and commercial auto lines of business. 13 October 2020
Bermuda analysis
The Bermuda Captive Conference attracted almost 900 people between September 9 – 11, a record attendance for the event. 24 September 2020
Actuarial & underwriting
The Bermuda Monetary Authority (BMA) registered 13 new insurance entities in August. 22 September 2020
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