Log In

The Weather Channel is likely to get more attention in the offices of Third Point Reinsurance Ltd in the future. That observation was cause for a light-hearted chuckle, but it was more than a throwaway line for chief executive officer Daniel Malloy. ...

Everest Insurance has released a new real estate investment trust management liability policy. It is called Everest Elevation Reit Management Liability Policy. The new form has been designed to address directors and officers exposures specific to Rei...

Bermudian-based Argo Group International Holdings Ltd has reported net income for the second quarter of $28.8 million, compared with $41.8 million for the same period a year ago. The second-quarter net income included pre-tax charges of $32.3 million...

Bermuda’s insurance and reinsurance community will participate for the fourth time in the Dive In Festival, a global movement in the sector to support the development of inclusive workplace cultures. First held in London in 2015, the annual event now...

Adam Barboza has been appointed director of corporate social responsibility at Aspen Insurance. The company says the role has been created to put additional focus on how the re/insurer can make a difference to its communities through charitable and s...

The Bermuda Foundation for Insurance Studies has awarded $340,000 in scholarship funding to 16 students focused on careers in Bermuda’s insurance sector. Since the foundation was founded in 1996 it has awarded more than $6.8 million, in scholarships...

Essent Group Ltd has reported net income of $136.4 million, or $1.39 per diluted share, for the second quarter. That is up on the $111.8 million for the same period last year. Mark Casale, chairman and chief executive officer, said: “We are pleased w...

Robert Myron has stepped down as chief executive officer of James River Group Holdings Ltd due to ill health caused by Lyme disease. He has taken on the positions of president and chief operating officer, and remains on the board of directors. J. Ada...

SOBC DARAG has announced its new office in Bermuda as it expands its US and Bermudian operations. It is owned by DARAG Group investors, and is the principal vehicle for North American legacy transactions. It said the Bermuda team will provide “a full...

Sun Life Financial International welcomed Team Bermuda athletes at its Hamilton office to celebrate their achievements at the 2019 NatWest Island Games in Gibraltar. The team won six silver medals and eight bronze medals at the Games. Sun Life, a sp...

Bermudian-based Arch Capital Group Ltd has reported net income for the second quarter of $458.6 million, nearly double the $233.2 million achieved for the same period last year. After-tax operating income was $317.4 million, compared to $242.6 millio...

Members of Abir chalked up more than $100 billion in gross premium for the first time in 2018, according to a survey by the re/insurance industry organisation. The Association of Bermuda Insurers and Reinsurers today released the 2018 global underwri...