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Insurtech and fintech are reshaping how businesses interact and also bringing to an end many time and labour-intensive office processes. Within the insurance sector, one example is the reconciliation of funds received with transactions. In practical ...

Five members of PwC Bermuda’s captive team will participate in panel discussions at the fifteenth annual Bermuda Captive Conference. The conference begins today and runs through Wednesday at the Fairmont Southampton hotel. Organisers bill the confere...

Bermudian university student Calum Maule is to join the Association of Bermuda Insurers and Reinsurers as its 2019 summer intern. Mr Maule will be exposed to national and international public and regulatory policy issues and gain an understanding of ...

Bermudian life reinsurer Athene Holding today revealed the scale and pricing of its planned preference share offering. Athene will offer $750 million worth of shares with a fixed-to-floating yield of 6.35 per cent. Athene said the offering was expect...

Bermudian life reinsurer Athene Holding Ltd is planning an offering of preference shares. The company has not yet specified how much capital it plans to raise, nor the coupon on the shares — each will depend on market demand — and it described the of...

A prevailing view that new economic substance regulations will have minimal impact on captive insurers in Bermuda is to come under closer consideration next week. An expected 800 delegates and speakers will attend the Bermuda Captive Conference, and ...

The BFIS 2019 Bermuda Intro-to-Insurance Internships kicked off last week when a group of four Bermuda students and two students from the Katie School of Insurance and Risk Management at Illinois State University began an intensive three-week interns...

Insurtech and artificial intelligence start-up Betterview has attracted a further $4.5 million of investment, including further support from Bermudian-based reinsurer Maiden Re. The latest round of funding brings the US company’s total to $10 million...

Reinsurers are “holding the line” on price as the clock ticks down on June 1 renewals for Florida property-catastrophe coverage. Analysts from JMP Securities said after meeting with reinsurers in Bermuda last week that they expected rates will largel...

Elaine Whelan, Lancashire’s group chief financial officer and executive director, and CEO of Lancashire’s Bermudian subsidiary, Lancashire Insurance Company Limited, plans to retire from her roles and the group next year. She will continue in her rol...

Argo Group International Holdings Ltd said that, based on a preliminary count provided by its proxy solicitor, shareholders have voted to elect all five of its Class III directors to the Argo board. This comes after a months-long proxy battle betwee...

MS Amlin has acquired a strategic stake in Envelop Risk, a global specialist reinsurance managing general agency with a focus on artificial intelligence-driven cyber-risk modelling. The investment sees MS Amlin take a minority strategic stake in the ...