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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 ...

Peace has broken out between Argo Group International Holdings Ltd and activist shareholder Voce Capital Management LLC. The two organisations have entered into a co-operation agreement to effect changes to Bermudian-based Argo’s board of directors. ...

Some $27 million of new bond notes have been admitted to the Bermuda Stock Exchange. The Seaside Re 2020-1 $7 million bond, and the Seaside Re 2020-2 $20 million bond, will be due on January 15, 2021. The issuer is Kaith Re Ltd.

A combined ratio averaging above 100 per cent for a five-year period, and with a $318 million loan repayment on the horizon, AM Best has decided to revise its outlooks to negative for Qatar Insurance Company QSPC, and its Bermudian-based subsidiary Q...

By reducing its energy consumption by 117,700 kilowatt hours, replacing ageing equipment, banning single-use plastics, and collecting rainwater from it roof, the Chubb Building has become a shiny example for others. The building on Woodbourne Avenue ...

Bermuda International Long Term Insurers and Reinsurers saw an 11 per cent leap in membership this year. The number of companies joining Biltir, which represents the island’s long-term insurers and reinsurers who provide life and annuity products su...

There will be a new president at American International Group Inc from January 1. Chief operating officer Peter Zaffino takes on the title from Brian Duperreault, who was appointed as both president and chief executive officer in May 2017. Bermudian-...

MS Amlin has several classes of its UK property and casualty business into run-off. The London-headquartered global re/insurer, which has offices in Bermuda, said in a statement that it would cease underwriting corporate property, real estate, casual...

More changes have been announced within Axa XL’s reinsurance leadership team as part of a simplification of the reinsurance organisational structure. Among the new changes, Paul Simons will become head of Bermuda Reinsurance, along with his current r...

Curtis Dickinson, the finance minister, praised the work of financial-services regulator, the Bermuda Monetary Authority, in earning the island a valuable designation from the United States. As announced last week by the BMA, the island has been gran...

A month after losing its chief executive officer, Argo Group International Holdings Ltd has announced its chairman Gary Woods is to retire in March, along with four other directors. It has also moved to head-off a proposed special shareholders’ meeti...