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Career-enhancing skills such as resume writing and networking will be shared in an upcoming webinar series. The Department of Workforce Development is hosting three free webinars in collaboration with consultancy firm Performance Solutions. The fir...

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. That is the view of analysts from ratings agency...

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 risks and use cutting-edge technology to maximise eff...

Financial markets veteran Daniel Brookman has launched the Gildenbrook Group. The new entity includes a reinsurance platform in Bermuda, an alternative asset manager in the British Virgin Islands and a fintech development firm in Singapore. It utilis...

The number of insurance-linked securities listed on the Bermuda Stock Exchange increased by 63 per cent year-over-year in 2020, the organisation announced in its annual report. James McKirdy, chief compliance officer of the BSX, said ILS listings in...

Brian O’Hara sees no signs of an end to the hard insurance market that has inspired a slew of start-ups in Bermuda this year. The Bermuda re/insurance industry veteran said the drivers of the hard market were issues for which there was no quick fix a...

The biggest insurance start-up in Bermuda’s history, Convex Group Ltd, is gaining traction and is looking to bolster its team and its Bermudian operation. That will include hiring and investing in local talent, and a larger office on the island. The ...

Vantage Holdings plans to build up a staff of more than 20 people at its Bermuda head office as the new re/insurer builds out its platform, says its top executive. The company’s Class 4 Bermuda reinsurer, Vantage Risk, opened its doors last week, wit...

The resilience of Bermuda and its globally leading reinsurance sector has been highlighted in a series of filmed interviews with chief executives of leading insurance organisations, conducted by PwC and The Financial Times. Against the backdrop of th...

Brookfield Asset Management is to set up a new Bermudian-based annuity reinsurance company. BAM Reinsurance will take responsibility for up to $10 billion worth of annuity policies originally written by American Equity Investment Life Insurance. The...

Two mortgage insurers have sponsored a total of $740 million of insurance-linked securities admitted for listing on the Bermuda Stock Exchange in the past week. Genworth Mortgage Insurance and Radian Guaranty, both secured collateralised mortgage rei...

Bermudian-based container company Triton International Limited made a profit of $45.9 million, or 67 cents per diluted share, in the third quarter. That included a $24.3 million write-off of unamortised debt and other costs related to the prepayment ...