Standard & Poor's gives ratings of BB- and B-
Three-day tour by UK head of state celebrates island's 400th anniversary; Bermuda Premier and business community meet UK foreign secretary.
Gerald Frick appointed to develop aviation relationships after 40 years at Marsh
'We have offered IPC staff very generous severance packages'
Two senior casualty professionals appointed
Chief underwriting officer and former COO is praised for his leadership
New underwriting team taken from Swiss Re
78% leap in earnings for Bermuda reinsurer
Reorganisation sees Sirius subsidiary providing muscle for Bermuda business
Primary and lower layers targeted with up to $10m capacity
$271m income in Q2; reinsurer increases capacity for Florida portfolio
Ed Noonan remains group chairman and CEO
Moody’s assessment comes after unsuccessful merger bid
Tim Proctor, formerly at ACE, will lead team specialising in catastrophic excess casualty
New suitor steps into takeover saga
Executive returns to Bermuda after creating Swiss underwriting operation
New capital will help the company exploit ‘opportunities in specialty insurance’.
Bermudian company announces agreement to purchase Spectrum Syndicate Management Ltd for undisclosed sum
Bermuda-based company will offer reinsurance primarily as Industry-Loss Warranties
Annualised operating return on average equity of 20.3%
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