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AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Nacional de Reaseguros, S.A.. The company’ s balance sheet strength assessment also reflects its prudent reserving approach, well-diversified investment portfolio and comprehensive retrocession protection covering its domestic and international…

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of A and the Long-Term ICR of“ a” of ICM Assurance Ltd. ICMA is a single-parent captive insurer, wholly owned by CNOOC International Limited, which is in turn wholly owned by CNOOC Limited, the ultimate parent.

Appoints Nina Corbo to Lead U.S. Primary Casualty; Debbie Weiser to Lead U.S. Excess Casualty. WARREN, New Jersey- November 12, 2024- Everest Insurance ®, the insurance division of Everest Group, Ltd., today announced two key leadership appointments to the Company's U.S. Casualty business, reporting to Bill Hazelton, Executive Vice President of Everest Insurance…

Ambac Financial Group, Inc., a financial services holding company, today reported its results for the quarter ended September 30, 2024. Net loss of$ million or$ per diluted share and Adjusted net loss of$ million or$ per diluted share driven by approximately $20 million of transaction costs and acquisition related short-term interest expense Total P&C Premium…

THE COMPANY OVERVIEW OF PERFORMANCE INVESTMENTS ANALYSIS OF FINANCIAL RESULTS ANALYSIS OF FINANCIAL POSITION OUTLOOK LIQUIDITY AND CAPITAL RESOURCES RELATED PARTY TRANSACTIONS MATERIAL ACCOUNTING ESTIMATES AND ASSUMPTIONS MATERIAL ACCOUNTING POLICIES AND RECENTLY ADOPTED AND PENDING ACCOUNTING PRONOUNCEMENTS QUARTERLY FINANCIAL…

PEMBROKE, Bermuda—- Somerset Reinsurance Ltd., a leading provider of reinsurance solutions to the life insurance and annuity market, is delighted to announce the appointment of Riley LaTour as Chief Risk Officer with immediate effect. He majored in Actuarial Science at the University of Wisconsin– Eau Claire, graduating with a Bachelor of Science with Honors.

AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to“ a-” from“ bbb+” of Peace Hills General Insurance Company. The company’ s loss experience has remained favorable compared with industry averages in its core product lines of automobile, personal property and commercial property insurance in Alberta and British…

Emerald Bay Risk Solutions, a collaborative underwriting carrier, today announced a strategic partnership with Vanderbilt Properties Associates, Inc., a risk purchasing group comprising a large portfolio of high-end residential and commercial real estate properties as its members, to launch its inaugural casualty program. The program will provide…

But now they've seen enough cyber incidents to understand what payouts cost them, said Alan Shark, executive director of the Public Technology Institute. The Association of Washington Cities offers a risk management pool to its local government members, while covering some risk through reinsurance. And while cyber plans often used to exclude coverage for…

It should be read in conjunction with documents filed with the Securities and Exchange Commission by SiriusPoint Ltd., including the Company's Quarterly Report on Form 10- Q. Unless the context otherwise indicates or requires, as used in this financial supplement references to "we," "our," "us," the "Company," and "SiriusPoint" refer to SiriusPoint Ltd. and its directly…