Latest Somers Group News & Updates

See the latest news and media coverage for Somers Group. We track all announcements, press releases, and industry mentions in real time, all in one place.

Somers Group

Global specialty property and casualty insurance and reinsurance group

somersgroup.com

Headquarters: Pembroke, Bermuda
Founded year: 2014
Company type: Private company
Number of employees: 10–18
Industry: Reinsurance

Last updated December 10, 2024

Latest news about Somers Group

Company announcements

December 10, 2024 Somers Group

Somers Group's Lime Syndicate Management approved as Lloyd's managing agent

Lime's first syndicate, Somers 3705, begins underwriting on 1 January 2025, focusing on delegated authority and consortium opportunities.

October 4, 2023 Somers Group

Somers Group announces scheduled website maintenance

The site may be briefly unavailable Oct. 12, 11 p.m. through Oct. 13, 5 a.m. ET.

September 19, 2023 Somers Group

Somers Group appoints John Patin IV as Chief Investment Officer

Patin, Somers' first CIO, oversees investment strategy and managers, bringing over two decades of (re)insurance investment experience, most recently at Starr Insurance.

November 4, 2021 Somers Group

Somers Group relaunches Watford Re as Somers Re

The rebrand completes a strategic repositioning to a traditional reinsurance model, with AM Best affirming an A- rating and new CEO Liz Cunningham and CFO Sioned Butler appointed.

Media coverage

November 4, 2023 The Royal Gazette

Somers Group appoints John Patin as CIO

Bermudian-based Somers Group Holdings Ltd has appointed industry veteran John Patin IV as chief investment officer. The company said Mr Patin is responsible for overseeing...

November 4, 2023 The Royal Gazette

Ratings of Somers Re and subsidiaries are affirmed

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of "a-" (Excellent) of Bermudian-based Somers Re Ltd...

November 4, 2022 Bernews

AM Best Affirms Credit Ratings Of Somers Re

AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of "a-" [Excellent] of Somers Re...

November 4, 2021 Nasdaq

Arch Relaunches Watford Re as Somers Re

PEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. [NASDAQ: ACGL], alongside investment partners Warburg Pincus and Kelso & Company (Kelso), today announced that Watford Holdings Ltd...

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