The reinsurance market is now projecting, through public reporting, that the total ultimate Covid-19 loss estimate will be about $48.2 billion, but allocated to the 2020 reporting year.
A significant ...
Financial services companies were the biggest gainers on the 2021 Bermuda Stock Exchange, with one company more than doubling its share price during the course of the year and others with strong impro...
The pandemic-induced lockdowns of 2020 led to a surge in online overseas purchases by local residents. But any hopes of local retailers that shoppers would return to their old habits in 2021 were dash...
In 2021, Bermuda was again the most expensive place in the world when it topped the world’s Cost of Living Index as measured by Numbeo.com, beating out all other countries by wide margins in cost of r...
For Lloyd’s of London, Brexit led to the most complex commercial transaction needed to establish a company in Europe, and the world’s most expensive insurance start-up, says Lloyd’s CEO John Neal.
He ...
Through Britain’s forced economic separation from the Continent, Lloyd’s of London is far more focused on emerging as a more digitally conscious entity in preparation for its leadership role in the 21...
An article in investment publication ThinkAdvisor raises the spectre of life insurance companies moving their domiciles en masse to Bermuda.
ThinkAdvisor is the publication that features “all the ...
Market Forces, the UK activist group, put Bermuda insurance executive Stephen Catlin and Convex Insurance on Santa’s naughty list today, staging a demonstration outside the Hamilton offices newly occu...
AM Best has said it does not anticipate there will be any material impact on the credit profile of Bermuda reinsurer Partner Re Ltd. as a result of the consequence of its $9 billion sale and combinati...
Bermudians need not fear the future for its insurance markets in the face of the global tax initiative, said the man heading the transformation of Lloyd’s of London.
He is determined to make Lloyd’s a...
