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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