Bermuda is leading the world in the issuance of insurance-linked securities (ILS).
A report published by the Bermuda Monetary Authority shows that $3.5 billion of ILS, predominantly catastrophe bonds,...
Bermuda expects to see 21,000 more cruise ship visitors in 2014 than this year, Tourism and Transport Minister Shawn Crockwell said today.
Mr Crockwell said in the House of Assembly this morning that ...
Bermuda-based insurer Tower Group International Ltd is cutting about 140 jobs, or 10 percent of its global workforce, after it posted a second-quarter loss of more than half a billion dollars.
It is n...
A leading insurance executive has warned that global regulators’ moves towards increasing capital requirements for insurers will impede the industry’s ability to cover the world’s ever-increasing risk...
Insurers and reinsurers are likely to have to venture into unchartered territory in their search for growth over the next decade, according to a top industry adviser.
David Law, PwC’s global insurance...
Investors should not regard the handsome total returns from the bond market seen over the past three decades as normal, according to the CEO of Schroders’ US operations.
Karl Dasher, who is in Bermuda...
Reinsurers could take over the US flood insurance programme from the US government, according to Validus Holdings CEO Ed Noonan.
Speaking on a panel at the PwC/S&P Bermuda (Re) insurance Conference ye...
Third Point Reinsurance Ltd posted third-quarter net income of $46.6 million yesterday, as it declared its first quarterly financial results as a public company.
The earnings, which broke down to 46 c...
Global fund administrator Equinoxe Alternative Investment Services Ltd is set to hit the $10 billion mark for assets under administration within weeks, just over five years after launching as a Bermud...
Watlington Waterworks Ltd is marking its 80th anniversary with the release of a new book chronicling the company’s history.
“Harry’s Dream” describes how Sir Henry Watlington, in the early years of th...
