Bermuda Monetary Authority News

Guinn and Luck Elected to Allied World Board of Directors

Allied World Assurance Company Holdings, AG announced that its shareholders have elected Patricia L. Guinn and Fiona E. Luck to the company’s Board of Directors at a special shareholder meeting to serve until the company’s annual shareholder meeting to be …

Bermuda Monetary Authority Appoints Lespere as Chief Operations Officer

The Bermuda Monetary Authority has appointed Shanna Lespere as its chief operations officer (COO). In her new position, effective immediately, Lespere will oversee the authority’s operational functions – communications, document management, enterprise risk management, facilities, finance and currency, human resources, …

Catalina Completes Alea Group Holdings (Bermuda) Acquisition

Catalina Holdings (Bermuda) Ltd. Has announced that following receipt of regulatory approvals from the Bermuda Monetary Authority and the New York Department of Financial Services it has today completed its acquisition of Alea Group Holdings (Bermuda) Ltd. from FIN Acquisition …

Watford Re Readies for Business; Best Assigns Ratings, Stable Outlook

Bermuda-based Watford Holdings Ltd. and its wholly-owned subsidiary Watford Re Ltd. (collectively, “Watford” or the “Company”), a newly-formed Bermuda-based multi-line reinsurer, announced have announced that “it has raised capital and expects to commence reinsurance operations shortly. Watford is led by …