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Egan-Jones Ratings No Longer Recognized by Bermuda Regulator
Jan 23 2026 // Egan-Jones Ratings Co. has been removed from the Bermuda Monetary Authority’s list of recognized credit ratings providers, according to recent guidance from the watchdog. The regulator is no longer listing Egan-Jones...
Bermuda Re/Insurers to See U/W Profit Drop; M&A Returns as Organic Growth Wanes
Jan 21 2026 // Bermuda-based re/insurers monitored by Fitch are expected to see a drop in underwriting profit in 2025, reporting an average combined ratio of 92%, up from 90.7% in full-year 2024, the ratings agency said. For the first...
Markets/Coverages: Brit Launches Property Direct & Facultative in Bermuda
Jan 12 2026 // Brit Group Holdings Ltd. announced it will begin writing property direct & facultative business in Bermuda through Brit Re. This will see Brit Re write US and Global Property D&F from January, with a focus on...
Markets/Coverages: Mosaic Insurance Launches Bermuda Excess Casualty Business
Jan 9 2026 // Mosaic Insurance has launched an excess casualty unit, its eighth global product line, and hired specialist April Andruczyk to lead the business from Bermuda. The new division, which begins underwriting immediately, will...
Tech Update: WCL Launches Digital Treaty Placement Platform in Bermuda
Oct 31 2025 // Web Connectivity Ltd. (WCL), a Zywave company, announced the launch of its enhanced platform for treaty risk placement in Bermuda, marking a milestone in the digital transformation of the reinsurance market. Developed in...
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