Bermuda-based re/insurer reports profits halved in the first quarter of the year as combined ratio climbs 9.5 points to 96.1%

Bermuda-based carrier books quarterly combined ratio of 90.1% as wildfire losses surpass $540m

Bermuda-based carrier launches initial public offering on New York Stock Exchange

Rating agency cites 'improved' balance sheet strength

Chief executive Kevin O’Donnell says reinsurance pricing ‘remains attractive’ with ‘ample latent demand’

Bermuda-based carrier completes loss portfolio transfer primarily tied to pre-2022 casualty business

US group looks to ‘simplify’ business with creation of wholesale & specialty and programmes & solutions divisions

Broker bolsters Bermuda presence with hire of former Aon senior executive Roman Romeo

New professional lines offering covers directors’ and officers’ liability, errors and omissions, employment practices liability, wage and hour, transactional liability and cyber

New facility provides up to $30m of follow-form excess Bermuda capacity attaching anywhere above $75m

New cohort of 11 firms include AI and climate-focused businesses

January fires will equal about 60% of last year’s total catastrophe losses, rating agency says

Executive will oversee integration of Bermuda-based specialty carrier’s actuarial, capital, underwriting and risk functions

Bermuda-based carrier books full-year underwriting profits of $381m, up 57% year-on-year 

Executive to resign from Bermuda-based carrier owing to ‘change in personal circumstances’

Global Atlantic Financial Group vice-chair, John Graf, to succeed Joseph Taranto in May