OBA’s Ben Smith On Govt, Accountability & More

“Today’s Premier’s Question Period raised a straightforward issue: How should Bermudians measure the performance of their Government, ” Opposition Leader, Ben Smith said today after the morning session in the House of Assembly. Mr Smith said, “Minister Jason Hayward, while seeking to become Premier, has spoken about the need for better execution on major issues …
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Minister On National Electricity Sector Policy

Minister of Home Affairs Alexa Lightbourne tabled three documents relating to the electricity sector in the House of Assembly today [Sept 25th]. The Minister’s full statement follows below: Mr. Speaker, Today I table three documents in this Honourable House: the National Electricity Sector Policy 2026 in its final form; the Ministerial Direction to the Regulatory Authority that …
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Arcadian Names Matthew Mullen Executive VP

Arcadian Risk Capital has appointed Matthew Mullen as Executive Vice President to lead its expansion into the U.S. Enterprise Casualty market, supported by multi-year underwriting capacity. A spokesperson said, “Arcadian Risk Capital [“Arcadian”], a rapidly growing specialty managing general agent [“MGA”] with operations in Bermuda, Ireland, the United Kingdom, and the United States, today announced …
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AM Best Affirms Credit Ratings Of Premia Re

AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating of “a-” [Excellent] of Premia Reinsurance Ltd. [Premia Re] [Bermuda]. The outlook of these Credit Ratings [ratings] is stable. The ratings agency said, “The ratings reflect Premia Re’s balance sheet strength, which AM Best assesses as very strong, …
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