A leading rating agency has predicted that 2022 will bring the fifth consecutive year of premium rate increases for property catastrophe cover in 2022, and predicted that they will be double-digit rat...
An insurance boss has complained that even though rates have hardened, they remain too low.
Richard Brindle highlighted the rising catastrophe risks in an era of increasingly evolving climate-change e...
The Bermuda-based Aeolus Keystone fund, which specialises in property catastrophe insurance coverage, is about to lose a key client as a result of Monday’s vote of the Arkansas Teacher Retirement Syst...
Fitch Ratings believes that tax advantages held by Bermuda (re)insurers will eventually be reduced as a result of the 15 per cent global minimum tax.
But Bermuda will remain favoured as an insurance ...
Two thirds of new jobs created in Bermuda in the next two years will come from entrepreneurs, a tech summit has been told.
But while there has been a 300 per cent increase in businesses using online a...
Bermuda is poised to play an important global role in building resilience to climate risk, a sovereign surveillance report on the country has determined.
But the island lags in steps needed to address...
Bermuda was given the nod of approval by Kroll Bond Rating Agency (KBRA), affirming the island’s long-term issuer ratings and revising it from negative to stable.
The report says that the ratings were...
Bermuda’s first digital bank may already be on the cards, with the Government welcoming the first formal bid.
The application submitted to the Bermuda Monetary Authority proposes a bank serving digita...
The Bermuda registered owner and operator of one of the world's largest land-based drilling rig fleets, is in an Algerian court today (Monday), facing a multimillion-dollar judgment — a ruling against...
The latest Covid-19 wave from the Delta variant will sound the death knell for certain Bermuda businesses, economic analysts have surmised, and its effects will hamper the anticipated rebound.
From th...