Insurtech in Bermuda

Insurance moves: Ardonagh, Gallagher, AXA XL, Arch, Fidelis, DAC Beachcroft

Ardonagh names the first CFO and COO of its combined MGA platform as Gallagher plans a year-long UK COO handover

RiverStone International enters into $325m LPT with Clear Spring

Global legacy acquirer RiverStone International has entered into a loss portfolio transfer (LPT) with Clear Spring Property and Casualty Company, a subsidiary of Delaware Life Insurance, covering approximately $325…

Vantage Launches Facultative Reinsurance Business, Names Pickard as President

Vantage Group Holdings Ltd., the Bermuda-based re/insurer, announced the launch of its Facultative Reinsurance line of business, led by industry executive Lisa Pickard, who has joined Vantage as president of Facultative…

Premia acquires Cowen Reinsurance from TD Bank

Premia Holdings Ltd., the insurance and reinsurance group with operations in Bermuda, the US, the UK and Continental Europe, has completed its acquisition of Ramius Enterprise Luxembourg Holdco S.à r.l. and its…

Legacy Specialist RiverStone Enters ILS Market; Completes QBE Loss Portfolio Transfers

RiverStone International, the Bermuda-based legacy acquisition specialist, announced two major loss portfolio transfer (LPT) reinsurance deals, including its first involving the insurance-linked securities (ILS) market.…

Vantage hires Lisa Pickard to lead new Fac reinsurance business

Vantage Group Holdings Ltd., a specialty insurance and reinsurance business, has launched a new Facultative Reinsurance line of business, led by industry executive Lisa Pickard as President. Reporting directly to…

Vantage Launches Facultative Reinsurance Business, Names Pickard as President

Vantage Group Holdings Ltd., the Bermuda-based re/insurer, announced the launch of its Facultative Reinsurance line of business, led by industry executive Lisa Pickard, who has joined Vantage as president of Facultative…

Hiscox grows US premiums 8.4%, starts advertising on an LLM

The carrier is advertising on an unnamed “leading” large language model.

Hiscox AI tool cuts quote times 75% as London Market retreats

The specialist insurer’s AI submission tool is reshaping broker turnaround times as it pulls back from underpriced risks

Arch Insurance North America Acquires Premier Dealer Services

Arch Insurance North America has entered into an agreement to acquire Premier Dealer Holding Corp., and its subsidiaries including Premier Dealer Services (PDS), a Dublin, Ohio-based provider of automotive Finance and…

Arch to expand automotive F&I capabilities with Premier Dealer Services acquisition

Arch Insurance North America, part of Arch Capital Group Ltd., has entered into an agreement to acquire Premier Dealer Holding Corp., and its subsidiaries including Premier Dealer Services (PDS), a provider of…

Markel Expects to See Runoff Certainty With Enstar’s $1.2B Adverse Development Cover

Markel Group has entered into a reinsurance runoff agreement with Enstar Group, the legacy acquisition specialist that is providing $1.2 billion of adverse development cover for underwriting years 2025 and prior. “[W]e…

Arch Insurance to buy Premier Dealer Services in automotive F&I push

The deal brings dealer training, technology infrastructure and agent relationships inside Arch’s consumer division

AIG Agrees to Acquire Everest Chile, Completes Purchase of Everest Colombia

American International Group (AIG) announced it has entered into a definitive agreement to acquire Everest Group Ltd.’s insurance subsidiary in Chile. AIG also announced the completion of its previously announced…

Arch to acquire Premier Dealer Services

PDS provides automotive protection and loyalty products, administration services, technology and training to dealerships.

RiverStone International completes $1.6bn LPT reinsurance transactions with QBE

Global legacy acquirer RiverStone International has completed its previously announced loss portfolio transfer (LPT) agreements with QBE Insurance Group, representing approximately $1.6 billion in reserves. The…

AIG to acquire Everest’s Chile business, completes Colombia deal

The deals expand AIG’s commercial insurance operations in Latin America.

Markel Expects to See Runoff Certainty With Enstar’s $1.2B Adverse Development Cover

Markel Group has entered into a reinsurance runoff agreement with Enstar Group, the legacy acquisition specialist that is providing $1.2 billion of adverse development cover for underwriting years 2025 and prior. “[W]e…

ORA selects INTX operating system for treaty and facultative reinsurance

ORA selects INTX operating system for treaty and facultative reinsurance

AXIS Capital grows premiums 11% but acquisition costs rise

Rising acquisition costs from AXIS Capacity Solutions offset insurance growth as casualty non-renewals pull reinsurance net premiums lower

RenaissanceRe posts $161 million loss

The quarter was a mix of investment losses, a shrinking premium base and property reserve releases supporting underwriting profits.

Arch reports $1 billion profit as reinsurance premiums decline

Gross premiums written were roughly flat at $5.39 billion.

Seeking Value: How Talcott compressed an insurance launch into one year

Banyan Risk US E&S Casualty expansion marks next phase of growth strategy

Banyan Risk, the specialty managing general agent (MGA), has announced the expansion of its Casualty platform into the United States excess and surplus (E&S) market. Insurance capacity will be provided by Accredited…

Banyan Risk takes casualty platform into US E&S with Accredited capacity

The Bermuda MGA, which launched a wildfire venture last month, now plans to build a US casualty underwriting team

Constellation Re completes first Bermuda transaction

Constellation Re provides M&A and reinsurance solutions.

Insurance moves: Arch Insurance, Markel, OneAdvent and Antares Global

DOCOsoft contracted by Siriuspoint for claims management

DOCOsoft, a leading Irish claims technology provider to global (re)insurers, today announced a partnership with global specialty underwriter, SiriusPoint to implement DOCOsoft Vew, an AI-powered cloud-native SaaS claims…

Chariot Re completes first reinsurance transaction covering Japanese liabilities

Chariot Reinsurance, Ltd., the Bermuda-based Class E life and annuity reinsurer co-sponsored by MetLife and General Atlantic, has successfully completed its fourth reinsurance transaction since its launch in July 2025…

INTX Integrates Reinsurance Into Insurance Technology Platform

INTX Named to 2026 InsurTech100, Recognizing a New Generation of (Re)Insurance Technology Built on Decades of Experience

Insurance moves: FM, Policy Expert and Arch Insurance EU

FM creates an EMEA market strategy role, Policy Expert hires Convex's UK finance chief and Arch Insurance EU names a head of cyber for Italy

Markets/Coverages: Specialty MGA Banyan Launches Red Fox Risk for Wildfires

Specialty managing general agent Banyan Risk said it launched Red Fox Risk Ltd, a new underwriting venture focused on wildfire-exposed property risk in the U.S. The business will be led by Brian Espie as CEO and Sarah…

Wawanesa launches WSI after acquiring Everest Canada

The Wawanesa Mutual Insurance Company (Wawanesa) has launched WSI, which marks the closing of the acquisition of Everest Insurance Company of Canada (Everest Canada), a move which aims to enhance and accelerate its…

Fortitude Re expands insurtech capabilities with Dayforward buy, Fortitude Life launch

Fortitude Re parent acquires Dayforward annuity insurtech platform

Banyan Risk launches new wildfire underwriting venture

Specialist managing general agent (MGA) Banyan Risk has announced the launch of Red Fox, a new specialist underwriting venture focused on wildfire-exposed property risk in the United States. The new venture will operate…

Insurance moves: VIPR, Everest and BMS Group

BMS names a new finance chief after its US reinsurance sale, as Everest promotes a claims head and VIPR adds a chair after Bridgepoint's investment

Fortitude Re buys Dayforward to build its own annuity origination platform