Reinsurance price increases fell short of a hard market during January renewals, say analysts from S&P Global Ratings.
In a report released today, the ratings agency said reinsurers were “left wanting...
Bermuda has attracted billions of dollars of new re/insurance capital over the past year, but the pace of the multiyear growth in third-party structures such as insurance-linked securities has slowed....
Insurer Lancashire Holdings Ltd saw its full-year profit slide, as losses related to Covid-19 and natural catastrophes took their toll.
The Bermudian-based company said pretax profit fell to $5.9 mill...
Dear Dave,
I don’t like admitting this, but I absolutely hate my job. Last year I almost cashed out part of my pension fund to start my own business or open a franchise, and doing something like this ...
Veteran insurance executive Mitch Blaser has launched a new Bermudian-headquartered company with the aim of building one of world’s top global specialty insurers.
Mosaic, which will target complex ris...
European Union politicians are calling for any jurisdiction with a zero per cent tax rate on corporate profits – including Bermuda – to be included on the bloc’s tax blacklist.
But Curtis Dickinson sa...
Aon and Willis Towers Watson have announced the executive team that will lead them when the two global re/insurance brokers merge.
Gregory Case, Aon’s chief executive officer, will be CEO of the combi...
AkinovA (Bermuda) Ltd, an electronic marketplace for the transfer and trading of insurance risk, has been granted the first “insurance marketplace provider” licence by the Bermuda Monetary Authority....
Insurers must pay out hundreds of millions of dollars in disputed business interruption insurance claims after Britain’s Supreme Court ruled in favour of claimants today.
Bermudian-based Hiscox said i...
Commercial re/insurer Convex Group Ltd has ramped up its total committed capital to $3.2 billion after a $500 million investment from US investment firm Sixth Street.
The Bermudian company, launched i...