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Helix Underwriting Partners Ltd has started a Bermuda platform and entered its first agency agreement to underwrite middle market property insurance on behalf of QBE in Bermuda. Helix was incorporated in December 2018 as the first multi-line, indepen...

What Jereme Ramsay most wants to see is industry partners continue to collaborate with the Bermuda Business Development Agency and build on the successes of the past 5½ years. He returns to the private sector next month with KPMG Bermuda, having play...

Bermuda may be the world’s leading jurisdiction for the registration of captive insurance companies, but even the global pacesetter loses the odd captive to another locale. Captive Insurance Times reports that the Astana Financial Services Authority ...

Maurice “Hank” Greenberg, the hard-nosed insurance executive who built American International Group into the world’s largest insurer, is to be honoured with a “lifetime leadership” award next week by the Peter J Tobin College of Business at St John’s...

Bermudian-based Sompo International Holdings Ltd has appointed David Carter as chief underwriting officer and executive vice-president of the Sompo Global Risk Solutions strategic business unit. Mr Carter will assume a strategic management role and w...

All Bermudian-based insurance companies could soon be required to report cyber events that affect their operations to the Bermuda Monetary Authority. The potential vulnerability of insurance companies to such attacks has been investigated by the regu...

Bermuda could become an exporter of life insurance expertise, says the executive director of an island-based insurance industry body. Ronnie Klein, executive director of the Bermuda International Long Term Insurers and Reinsurers organisation, was in...

A worst-case scenario stress test for insurers who write cyber policies shows that they would see their capital and surplus reduce by 5 to 8 per cent on average. That would leave them still able to meet their enhanced capital requirements. However, t...

Athene Holding Ltd, a life reinsurer and retirement services company, reached $6 billion in total pension risk transfer transactions for 2019 — more than double the volume of the previous year. The Bermudian-based company’s 2019 total includes about ...

Hamilton Insurance Group today announced that its insurance-linked securities platform has a new name and a new lead executive. Formerly called Hamilton Capital Partners, the platform is now Hamilton ILS. Hanni Ali moves from his role as senior vice-...

Bermudian-based insurer and reinsurer Hamilton Re Ltd is inviting applications for admission to its 2020 summer intern programme. It is for students entering their junior year of university, and it offers the opportunity to spend eight to ten weeks g...

Overall demand for reinsurance remained strong at the January 1 renewals, according to Willis Re in its 1st View report. However, there has been “clear divergence” in market views on liability, according to James Kent, global chief executive officer ...