Russia’s move to transfer almost 800 foreign-owned jets to its own aircraft register amid foreign sanctions has triggered a wave of insurance claims from leasing firms whose fleets have effectively been commandeered. Lessors will assert that registering the planes in …
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, BMS and Fidelis Insurance. A summary of these new hires follows here. BHSI Promotes Kidd to Country Manager, Ireland Berkshire Hathaway Specialty Insurance (BHSI) announced that Louise …
This edition of International People Moves details appointments at Guy Carpenter, HUB International and Fidelis Insurance. A summary of these new hires follows here. Guy Carpenter Names Willis Re’s Harden as President of Asia Pacific Guy Carpenter & Co., the …
This edition of International People Moves covers two promotions at the insurer Fidelis and a new hire at broker OneGlobal in Bermuda. A summary of these appointments follows here. Fidelis, the Bermuda-based insurer, has appointed Charles Mathias to the newly …
The Travelers Companies said it has made a “strategic minority investment” in Fidelis Insurance Holdings, a privately-owned global specialty insurer and reinsurer. Neither side disclosed financial terms. “We are pleased to invest in a talented and proven management team and …
Fidelis Insurance Holdings Ltd. announced it has raised in the fourth quarter of 2020 an additional $60 million of equity capital from existing and new investor relationships, including Alfa Insurance and affiliated companies with which Fidelis has a long-standing relationship. …
A group of brokers and insurers in the London market has come together to announce a new approach to keeping the products of modern slavery out of the export supply chain. Fidelis, Aon and Marsh have developed a clause which …
Fidelis Insurance Holdings Ltd. announced it has issued $300 million of senior notes, which comes on the heels of last week’s equity funding of $500 million and the $300 million raised by the re/insurer in February. The offering of the …
Fidelis Insurance Holdings Ltd. announced it has raised $500 million of equity capital from existing investor relationships. On top of the $300 million raised by the company in February, Fidelis has now secured $800 million of additional equity during 2020. …
AM Best has upgraded the credit ratings of Fidelis Insurance Holdings Ltd. and its subsidiaries. AM Best upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” from “a-” …
