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ILS Bermuda has launched an internship programme to give Bermudian students a taste of work in the burgeoning insurance-linked securities industry. The group, which promotes economic development through the growth of ILS and alternative risk transfer...

Fidelis and Ascot Group have added a combined $585 million to the capital flowing into the re/insurance market. Ascot yesterday priced a $400 million debt offering of ten-year senior notes at 4.25 per cent. Fidelis said today it had raised $185 mill...

Hamilton Insurance Group has entered the environmental insurance market. John Termini, who joined Hamilton from Markel last month, will lead the new unit as US head of environmental, the company said today. Mr Termini has been focused on building ou...

A large new reinsurer in Bermuda, Conduit Reinsurance Ltd, has been given an A- (excellent) financial strength rating by AM Best. Conduit is headed by Neil Eckert, executive chairman, and Trevor Carvey, chief executive officer, and is launching in ti...

Martin Dolan is joining the board of Bermudian-based Fleming Re as an independent non‐executive director. He will join the class 3A insurance company at the end of the year. The company said Mr Dolan will leverage his experience in the reinsurance in...

New privacy-related regulations are set to affect Bermudian companies in the new year. A virtual roundtable with 35 executives from Bermudian-based insurance companies was assembled by professional services firm EY to discuss Risk and compliance regu...

Bermudian insurance executive Jahan Cedenio is one of three recipients of the 2020 Professional Liability Underwriting Society Emerging Leader Award. Mr Cedenio is an assistant vice-president in the financial and professional risk department at Bowri...

BF&M Limited made $18.4 million in net income for the nine months to the end of September, an improvement of $5.8 million when compared to the same period last year. However, the company said the full impact of the Covid-19 pandemic on its financial ...

Vantage Holdings plans to build up a staff of more than 20 people at its Bermuda head office as the new re/insurer builds out its platform, says its top executive. The company’s Class 4 Bermuda reinsurer, Vantage Risk, opened its doors last week, wit...

Vantage Group Holdings Ltd, a new Bermudian re/insurance company with $1 billion of private-equity backing, announced its launch this morning. The company, which describes itself as a “tech-enabled re/insurance company delivering improved efficiency ...

Chubb has appointed John Keogh as president and chief operating officer. He will continue to report to Evan Greenberg, chief executive officer and chairman of the insurance giant. The company, which has offices in Bermuda, said Mr Keogh, vice-chairma...

Insurers and reinsurers are being urged not to insure or invest in companies that plan new oil and gas production. A campaign that has played a part in persuading sections of the insurance industry, including some Bermudian-based companies, to withdr...