Ace Ltd. will become a Swiss company, provided shareholders back the plan next month at what is likely to be the insurance giant's last annual general meeting to be held in Bermuda.
Chairman and chief...
Ratings agency Standard & Poor's has downgraded Bermuda bond reinsurer Ram Reinsurance's financial strength and financial enhancement ratings from AAA to AA and put a negative outlook on the ratings.
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Dubai has shown it can compete with Bermuda in terms of getting a new reinsurance company up and running in a short time.
Gulf Re, a joint venture between Bermuda-based Arch Capital and the Gulf Inves...
More Bermudians could reach the top tier of insurance company management if the Island offered a specialist leadership training course.
That is the view of insurance and reinsurance consultant Andrew ...
The Focus Insurance Company Ltd. has finally been dissolved, more than 17 years after the liquidation process began.
The Bermuda Supreme Court announced in an order dated May 22 that liquidators Price...
Around 60 of the world's top insurance chief executives and chairmen are meeting in Hamilton this week in the industry's highest-powered meeting of the year.
The annual general assembly of The Geneva ...
Climate change is "an underwriter's worst nightmare" as its unpredictable effects make assessing risk an increasingly difficult task.
That is the view of an expert on the subject, Andre Logan, of Cere...
The rise of nanotechnology will challenge the insurance industry to deal with a wide range of new risks that will impinge on almost all lines of business, conference delegates heard yesterday.
Speakin...
Lloyd's of London insurer Hardy Underwriting has made an underwriting profit for every one of its more than 30 years in business.
And chief executive officer Barbara Merry believes its move of domicil...
Bermuda-based Ram Holdings Ltd. last night reported a first-quarter net loss of $189.5 million, largely because of a fall in the value of the credit derivatives it reinsures.
Broken down, the financia...