Global reinsurer Swiss Re has estimated that the insurance industry was hit by $34 billion in catastrophe losses in 2014 — a lower-than-normal tally in recent years — and $11 billion less than in 2013...
The US Government programme that backstops insurance losses from terrorism acts is set to expire at the end of this year — sending shock waves through the insurance industry which overwhelmingly expec...
XL Group is in talks aimed at buying Catlin in a potential $4 billion deal that would create a massive combined insurer and reinsurer.
Catlin is based in Bermuda and XL, which started operations on th...
A new reinsurance company has launched in Bermuda with the aim of expanding the reach of insurance-linked securities (ILS).
Sequant Re Holdings Ltd announced today that its new Class 3 Bermuda reinsur...
Executives of Bermuda-based Armour Group Holdings Ltd are hoping their investors can benefit from the acquisition of Mexico’s largest title insurer.
The acquired company, Fidelity National Title de Me...
The KPMG Investment Challenge is under way — and CedarBridge Academy team Checkerboards are making the early running.
Checkerboards’ virtual stock portfolio achieved the strongest growth of all 20 tea...
Cloud services firm Ignition has made investments in its Bermuda platform amid rising demand for its services.
The company said yesterday that it would also be moving one Level 3 engineer from its Can...
An investment firm hit by falls in the share prices of major Bermuda companies believes it is poised to benefit from any America’s Cup-assisted upturn in the Island’s economy.
Bermuda First Investment...
Fitch Ratings believes that merger and acquisition (M&A) activity may gather pace in the reinsurance sector after RenaissanceRe Holdings struck an agreement to acquire fellow Bermuda reinsurer Platinu...
The potential for growth in Bermuda’s international business from the asset management sector is “huge”, according to industry expert Jessel Mendes.
Mr Mendes, a partner with global professional servi...
