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Fleming Re establishes reinsurance facility with BevCap
04 January 2021
Reporter Maria Ward-Brennan

Fleming Re insurance, a Bermuda-based class 3A insurance company, has established a custom reinsurance facility with BevCap P&C Protected Cell

Itochu Corporation’s captives affirmed
18 December 2020
Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of NEWGT Reinsurance Company, based in Bermuda

BMA staff appointed to IAIS committee
17 December 2020
Reporter Maria Ward-Brennan

The International Association of Insurance Supervisors has appointed Ricardo Garcia and Marcelo Ramella of the Bermuda Monetary Authority staff to its committee

Maiden Holdings forms new solution led by former SOBC DARAG specialists
08 December 2020
Reporter Maria Ward-Brennan

Maiden Holdings, a Bermuda-based holding company, announced the formation of Genesis Legacy Solutions

Aspen Re America appoints Ana Cifuentes as head of professional lines
08 December 2020
Reporter Maria Ward-Brennan

Ana Cifuentes has been appointed head of professional lines for Aspen Re America, effective 9 December 2020

R&Q agrees $108m issuance of subordinated notes
04 December 2020
Reporter Maria Ward-Brennan

Randall & Quilter Investment Holdings (R&Q) has signed an agreement to issue 13-year unsecured subordinated Tier 2 notes for $107.75 million

R&Q Re acquires Bermuda-based captive
27 November 2020
Reporter Maria Ward-Brennan

R&Q Re (Bermuda) has entered into a stock purchase agreement to acquire a Bermuda-domiciled captive insurance company

SRS hires Matthew Charleson to expand its ILS initiative
23 November 2020
Reporter Maria Ward-Brennan

Matthew Charleson will be joining Strategic Risk Solutions as chief operating officer of fund services and insurance-linked securities, effective from 7 December 2020

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