Somerset Reinsurance Ltd. (Somerset Re) reports that Patrick Kelleher, the firm’s founding CEO, has announced his retirement, effective December 31, 2020. Jeff Burt, currently President of Hannover Life Reassurance Company of and Chairman of Somerset Re, will assume the role of Somerset Re’s CEO upon Mr. Kelleher’s retirement.
New York, NY [August 12, 2026]. KBRA affirms the A insurance financial strength ratings (IFSRs) for Somerset Reinsurance Ltd. (Somerset...
OLDWICK [July 31, 2026]. AM Best has upgraded the Financial Strength Ratings to A (Excellent) from A- (Excellent) and the...
Hamilton, Bermuda, [February 4, 2026]. Somerset Reinsurance Ltd. (“Somerset Re”), a leading provider of asset-intensive reinsurance solutions to the life...