Bermuda
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Vantage Group Holdings received a BBB- long-term issuer credit rating. -
The business said it was experiencing strong momentum on the Island.
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The affirmations reflect Everest’s strong underwriting diversification.
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The tech firm is building a joint stock company with insurers and investors.
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Bill Bouvier has spent more than three years at the legacy firm in this role.
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The syndicate will be targeting approximately $50mn of GWP in its first year.
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The private ILS segment took losses from LA wildfires and Mid-West severe convective storms in H1 2025.
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The broker’s joint venture with Bain Capital still lacks a CEO.
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Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
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The company, however, sets a high bar on making a move.
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The post-disaster reinsurance start-up model is changing.
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Tim Barber joins from QBE Re, where he was head of North America.
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