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Blue Marble Microinsurance has been awarded a long-term agreement from The United Nations World Food Programme, to become a provider of weather index insurance solutions for the organisation across the African continent. Blue Marble is a start-up wi...

Reinsurance rates are inadequate, according to a panel of Bermudian-based executives attending the Monte Carlo Reinsurance Rendez-Vous de Septembre event. They shared views at the annual Bermuda: Re and ILS Monte Carlo Roundtable, held in association...

Twelve students participated in the inaugural internship programme offered by the Colonial Group. The company said the programme is intended to foster, educate, and empower young Bermudians, instilling in them the conviction to pursue work in the ins...

Herbicides, talcum powder and pain relief drugs are among the newest casualty emerging risks the insurance industry needs to keep its collective eyes on. But what else is lurking out there in the world of “known unknowns” with the potential to spark ...

Two agents from Freisenbruch-Meyer Life will present an information session about life insurance at a Bermuda Chamber of Commerce lunch and learn event next week. Damir Armstrong and Jessica Maiato will explore the benefits of life insurance versus t...

Bermudian-domiciled global consultancy and managed services provider Xceedance has announced the availability of on-demand catastrophe modelling services using the Oasis Loss Modelling Framework. Xceedance, which incorporated on the island in 2017, s...

Technology, cyber and climate change are the three most urgent risks facing reinsurers worldwide, respondents to a survey conducted by professional services firm PwC have said. Results of the Reinsurance Banana Skins 2019 survey were released yesterd...

The non-life global legacy insurance market has run-off reserves estimated to be worth about $791 billion, an increase of 8 per cent in the past year, according to a survey by PwC. Its latest Global Insurance Run-off Survey was released today at the...

Insured losses from Hurricane Dorian have been estimated at between $1.5 billion and $3 billion, by AIR Worldwide. The catastrophe risk modelling firm said Dorian first made landfall on August 28 at St Thomas, but quickly strengthened to maximum cate...

Bright branding for financial services provider Horseshoe has been unveiled today. Its new logo takes a visual cue and inspiration from rowing, and features five colours to represent the key business solutions the Bermudian-based company offers. Hors...

Chubb Bermuda’s James Paugh has been appointed to the position of senior vice-president, general counsel. He will direct all legal and regulatory activities within Chubb Bermuda and Chubb Bermuda International. His responsibilities include overseein...

Axa XL is combining its Bermuda and London reinsurance platforms. There will be no job losses or office closures as a result of the reorganisation. Among a number of executive changes announced, Rob Littlemore is to take leadership of a newly-create...