Bermuda

Loeb will lose rights including the ability to veto important company decisions and to select a board observer.

Bernard Goyder, October 23, 2020

The carrier expects “significant” operating income and “positive” net operating income for Q3.

Bernard Goyder, October 22, 2020

The Bermudian is expecting to pay $17mn in third quarter Covid-19 claims.

Bernard Goyder, October 21, 2020

Vantage Insurance has also been assigned an initial long-term issuer credit assessment of a-.

John Hewitt Jones, October 20, 2020

The hedge fund reinsurer’s board has decided the offer could represent a "superior proposal".

Bernard Goyder, October 19, 2020

The hedge fund reinsurer offered to merge with Sirius in May 2018, before the company’s listing on the Nasdaq exchange.

Bernard Goyder, October 19, 2020

Backing comes from industrial investor Ajay Kumar through his family office.

Anna Sagar, October 19, 2020

The thwarted bidder accuses Watford’s board of neglecting their duties and threatens legal action.

Bernard Goyder, October 15, 2020

The ratings action follows the agreement with Arch Capital to buy the struggling company.

Samuel Casey, October 15, 2020

Watford is liable for a $18.6mn fee if the Arch deal is terminated.

Bernard Goyder, October 14, 2020

Axis, RenRe, Arch and Everest Re trade roughly in line with the S&P 500.

Rachel Dalton, October 13, 2020

The Bermudian is adding $10mn-$15mn to its Covid loss estimate as claims climb.

Bernard Goyder, October 13, 2020

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