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The tools can analyse vast amounts of data to design parametric products that trigger payouts after disasters

Cybercrime and artificial intelligence are the top threats for the reinsurance sector, a PwC report finds

Locally based companies were among the hardest hit by this year’s natural disasters, driving ratios higher

The reinsurer sees strong investor interest in the underwriting agent, to be called Hannover Re Capital Partners

Rac Re has been opened in collaboration with Bermudian-based company Axis Capital

The BMA-approved unit, 1Money Bermuda Ltd, can provide custodial wallets and issue digital assets

CEO Peter Zaffino says the company benefits from keeping strong protections against volatility

New mortgage, credit and cyber products will expand beyond the company’s property catastrophe lines

The Bermudian-domiciled company said Amber Energy’s offer is worth roughly $2 billion less than its own

CEO Vincent Tizzio expects the arm to be consistently profitable with a combined ratio in the low 90s