Bermuda News

Bermuda Grants License to Advent Re

London’s Advent Capital Holdings announced that its subsidiary, Advent Re, “has received its class 3 reinsurer license from the Bermuda...

Castlewood to Buy Inter-Ocean

Montgomery, Ala. based Enstar Group and Bermuda’s Castlewood Holdings Limited jointly announced that Castlewood and Oceania Holdings Ltd, a wholly-owned...

Best Rates Paris Re Sidecar

A.M. Best Co. has assigned debt ratings of “bbb-” to the $24 million senior secured term A loans and “bb+”...

CRM Announces Management Changes

Hamilton, Bermuda-based CRM Holdings, Ltd. announced top-level management changes following the completion of its acquisition of Majestic Insurance Company. Effective...

New Markets

Accident Site and Public Response Nuts & Bolts: AIG Specialty Excess, an umbrella and excess casualty underwriting unit of the...

People and Places

The Independent Insurance Agents of Texas appointed P. Scott Hubacek to the newly created position of IIAT Member Services Ambassador....