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...