Reinsurance LA fires throw Fidelis for a $42.5m net loss The figure was driven by the California wildfires, but the company’s CEO says the impact was not as bad as initially expected May 15, 2025
Reinsurance Caribbean deal involving Clarien collapses The agreement would have given Barbadian firm, Cornerstone Financial, a signficant stake in the Bermuda bank May 15, 2025
Reinsurance BMA issues order against David Douglas King The financial watchdog says it took the action to safeguard potential clients and the public May 15, 2025
Reinsurance Relm sees sky-high opportunities in satellite business The insurer expects the number of orbiting satellites needing insurance backing to more than double in the next decade May 13, 2025
Reinsurance The vital role of the principal representative The crucial conduit for information must ensure compliance with regulatory requirements May 09, 2025
Reinsurance Delegates return from Riskworld Rims convention of risk managers took place this week in Chicago, attended by government and business representatives May 08, 2025
Local Business Global Atlantic expands Bermuda office The space is on the fifth floor of Washington Mall for about 60 employees of a growing presence May 08, 2025
Local Business Government, pharmacies at odds over GEHI policy The Ministry of Finance responds to complaints of a lack of consultation over changes to insurance plan May 07, 2025
Local Business Fidelis names Peter Welton as head of specialty New appointment will have a focus on aviation, space and energy insurance, and reinsurance lines May 06, 2025
Local Business BF&M keeps strong ‘A’ rating from AM Best AM Best had previously placed its assessments under review after the insurer and Argus announced a merger May 04, 2025
Budget Health insurance investments to ease burdens Measures reflect election platform promises while the island moves to universal healthcare, the Premier says May 02, 2025
Local Business Swift loses appeal over licence cancellation David King, the company’s director, was barred from the industry for three years because of breaches May 01, 2025