Mosaic Closes Singapore Operations

Mosaic Insurance has restructured its Singapore and Dubai underwriting platforms to strengthen its global operating model, with CEO Benn Wilson relocating to Dubai. A spokesperson said, “Mosaic Insurance today announced a reorganization of two core underwriting hubs to align international resources and support its next phase of growth. “Under the restructure, CEO of Mosaic Singapore, …
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Ariel Re Announces Promotions Across Offices

Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has announced today a number of promotions across its Bermuda and London offices. A spokesperson said, “This continues Ariel Re’s stated mission to be an ‘academy firm’, a place for ambitious [re]insurance professionals to learn and develop their careers. “This year’s …
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Premier Burt Travels To London And Luxembourg

Premier David Burt is travelling to London and Luxembourg from March 23–26 for “a series of engagements aimed at strengthening Bermuda’s engagement with Westminster, as well as enhancing international partnerships and cooperation in financial services, including meetings in Luxembourg.” A Government spokesperson said, “The visit begins in London, where Premier Burt will co-host a dinner …
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Bermuda Motors Attends Primary Career Fair

Corey Lewis and Mya Smith of Bermuda Motors Ltd. engaged Elliott Primary School students with interactive automotive demonstrations during the school’s annual Career Fair on March 11. A spokesperson said, “Corey Lewis [Tradesman] and Mya Smith [Vehicle Dismantler & Parts Department Assistant] represented Bermuda Motors Ltd. at the Elliott Primary School annual Career Fair on …
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Everest To Sell Canadian Unit To Wawanesa

Everest Group, Ltd. has signed a definitive agreement to sell its Canadian Retail Insurance operations, Everest Insurance Company of Canada, to The Wawanesa Mutual Insurance Company. “This transaction represents a strong outcome for both organizations, our shareholders and our colleagues,” said Jim Williamson, President and Chief Executive Officer of Everest. “The Canadian Retail team has …
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Starr Completes IQUW Acquisition

Starr, a global investment and insurance organization, today announced that it has completed its acquisition of IQUW Group, “creating a broader, more diversified specialty [re]insurance platform with enhanced capabilities across the London market, Bermuda and UK retail motor.” A spokesperson said, “The combined Starr business now serves more clients and brokers in more specialist classes …
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Compre Announces ADC Reinsurance Deal

Compre Group Holdings Limited, the Bermuda-domiciled international specialty reinsurance group, has entered into an adverse development cover [ADC] transaction with a European-domiciled reinsurance entity, providing protection for a diversified portfolio of motor, engineering and liability business. A spokesperson said, “The transaction covers an assumed reinsurance book spanning underwriting years 2018 to 2024, with net reserves …
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PartnerRe Reports Full Year 2025 Results

PartnerRe Ltd reported full-year 2025 net income of $2.10 billion, highlighting strong underwriting and investment performance. A spokesperson said, “PartnerRe Ltd. today reported Full Year 2025 Results Highlights Gross premiums written of $9.16 billion Non-life gross written premiums of $6.70 billion Life and Health gross written premiums of $2.47 billion Net income attributable to PartnerRe …
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Kevin Davies Wins HSBC’s ‘Spend & Get’ Draw

HSBC Bermuda [HSBC] announced Kevin Davies as the winner of the Mastercard Credit Card “Spend & Get” South African Safari Campaign Draw. A spokesperson said, “From November 19th, 2025 through January 31st of this year, for every $300.00 purchase made via their HSBC Mastercard, customers automatically qualified for one entry into the campaign’s prize draw, …
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Freisenbruch Launches Benefits Advisory

Freisenbruch Insurance Services Ltd. has launched Benefits Advisory, a new practice offering independent advisory and broking services across group health, life, disability, and pension programs for Bermuda employers. A spokesperson said, “Bermuda employers face rising costs and increasing complexity in managing employee benefit programs in a limited market. Freisenbruch established a Benefits Advisory service to …
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