Ironshore Inc. reported it has raised equity financing of up to $300 million to support the continued expansion of its...
Bermuda News
With many insurers and financial institutions looking to fund potential capital shortfalls by divesting non-core insurance businesses at attractive valuations,...
New York-based Tower Group, Inc. has agreed to purchase Illinois-based specialty insurer Specialty Underwriters’ Alliance, Inc. in a transaction valued...
The former head of ailing U.S. insurance giant AIG told a court Wednesday that he had a private jet fly...
Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to Everest Reinsurance Co. (Ireland)...
Willis Chairman and CEO Joe Plumeri, speaking at a conference sponsored by Insurance Day in Bermuda, sees opportunities for the...
Standard & Poor’s Ratings Services has placed its ‘BBB’ counterparty credit rating on Bermuda-based IPC Holdings Ltd. on CreditWatch with...
Bermuda-based Validus Holdings, Ltd. Is in the driver’s seat to take over IPC Holdings Ltd., following the rejection by its...
Morristown, New Jersey-based program manager PGI Commercial today has added a railroad protective program with coverage provided by underwriters at...
The Bermuda-based Max Capital Group Ltd. Has decided to throw in the towel on its efforts to merge with IPC...