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Reinsurance

Fidelis Insurance Group sponsors Herbie Re catastrophe bond

The notes will provide the Fidelis Insurance Group with $90 million of collateralised reinsurance protection

The notes will provide the Fidelis Insurance Group with $90 million of collateralised reinsurance protection

• May 30, 2025 6:03 PM

Reinsurance

BSX cat bond listings grow to $47.53bn

The growth of the catastrophe bond market has been driving the exchange’s overall ILS listings higher

The growth of the catastrophe bond market has been driving the exchange’s overall ILS listings higher

• May 05, 2025 5:44 PM

Politics

Feline fundraiser: Palmerston supports the Lions

Retired chief mouser at the Foreign Office joins in the generosity at the Governor’s residence

Retired chief mouser at the Foreign Office joins in the generosity at the Governor’s residence

• Mar 05, 2025 7:53 AM

Politics

Fame follows Governor’s celebrity cat to Bermuda

Palmerston’s social-media throngs can keep up to date on his island adventures via X at @diplomog

Palmerston’s social-media throngs can keep up to date on his island adventures via X at @diplomog

• Feb 03, 2025 7:56 AM

Arts & Entertainment

Rescue cat becomes minor celebrity

Jackie Stevenson writes about her rescue cat Fidel’s idyllic life

Jackie Stevenson writes about her rescue cat Fidel’s idyllic life

• Jan 17, 2025 8:00 AM

Reinsurance

BSX continues to dominate ILS market

Stock exchange maintains some 92 per cent of global outstanding catastrophe bond issuance as of the end of 2024

Stock exchange maintains some 92 per cent of global outstanding catastrophe bond issuance as of the end of 2024

• Jan 14, 2025 8:00 AM

Reinsurance

Record cat bond issuance of $17.7bn

The full-year 2024 issuance total came as the market reached a new all-time-high of $49.5 billion

The full-year 2024 issuance total came as the market reached a new all-time-high of $49.5 billion

• Jan 05, 2025 3:00 PM

General

Why does my cat love catnip?

Veterinarian Lucy Richardson explains why cats react differently to catnip

Veterinarian Lucy Richardson explains why cats react differently to catnip

• May 09, 2024 7:59 AM

Reinsurance

Chubb to acquire pet insurance MGA

Healthy Paws currently serves more than 500,000 dogs and cats in the US

Healthy Paws currently serves more than 500,000 dogs and cats in the US

• Apr 23, 2024 1:50 PM

Reinsurance

Broker: 2023 reinsurance sector results set to be a record

Neville Ching, CEO of independent Bermuda reinsurance brokerage ReFlex Solutions, predicts the 2024 outlook is also positive

Neville Ching, CEO of independent Bermuda reinsurance brokerage ReFlex Solutions, predicts the 2024 outlook is also positive

• Jan 16, 2024 8:00 AM

Reinsurance

BMA: decrease in 2022 Bermuda market cat exposure

Report says Bermuda market companies remain well capitalised to absorb any unlikely and potentially significant losses

Report says Bermuda market companies remain well capitalised to absorb any unlikely and potentially significant losses

• Dec 18, 2023 7:54 AM

General

Monkey the Cat, 24, oldest cat on island

When asked about the secret to longevity, the feline declines to comment.

When asked about the secret to longevity, the feline declines to comment.

• Dec 11, 2023 7:58 AM

Reinsurance

Report: $100bn in annual insured cat losses is new normal

Estimated total global economic losses are elevated in 2023 to $290 billion in the first three quarters alone

Estimated total global economic losses are elevated in 2023 to $290 billion in the first three quarters alone

• Oct 23, 2023 8:00 AM

Reinsurance

Record 2023 cat bond activity forecast

After a record-breaking first six months for the cat bond market, observations at present suggest a busy year-end in reinsurance

After a record-breaking first six months for the cat bond market, observations at present suggest a busy year-end in reinsurance

• Oct 06, 2023 7:58 AM

Business

Record cat bond and ILS issuance

For the first time, cat and insurance-linked securities issuance has exceeded $7 billion in a single quarter

For the first time, cat and insurance-linked securities issuance has exceeded $7 billion in a single quarter

• Jul 06, 2023 7:02 PM

Reinsurance

Hurricane Ian estimated to cost more than $100bn

A leading catastrophe modeller says Hurricane Ian’s total costs will exceed $100 billion and be the most expensive hurricane Florida has ever seen. And the Kare...

A leading catastrophe modeller says Hurricane Ian’s total co...

• Oct 03, 2022 7:31 AM

Reinsurance

Hopes and despair in the Florida property market

Bermuda reinsurers are keeping a close eye on ballooning property insurance rates in Florida, downgrades to the state’s property insurers precipitated in part b...

Bermuda reinsurers are keeping a close eye on ballooning pro...

• Apr 25, 2022 8:00 AM

Reinsurance

Fema’s Bermuda company used to shore up US flood risks

The US Federal Emergency Management Agency (Fema) has now secured the $450 million upper-target for its new FloodSmart Re Ltd. (Series 2022-1) catastrophe bond,...

The US Federal Emergency Management Agency (Fema) has now se...

• Feb 17, 2022 7:57 AM

Reinsurance

Q3 catastrophe losses pile up for SiriusPoint

SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, has reported a net loss of $48 million for the third quarter of 2021. The company report...

SiriusPoint Ltd, the Bermuda-headquartered global specialty ...

• Nov 05, 2021 7:56 AM