Bermuda reinsurer RenaissanceRe Holdings Ltd’s full-year profit rose 17.6 percent, as fewer catastrophes reduced claims.
The catastrophe reinsurance specialist, which set up in Bermuda 21 years ago, l...
A private insurer has started selling flood insurance policies in Florida, signalling new opportunities ahead for Bermuda catastrophe reinsurers.
Homeowners Choice Property & Casualty Insurance Compan...
Marsh and McLennan chief executive officer Dan Glaser says the insurance market is generally softening and he expects price competition to heat up during this year.
Speaking with AMBestTV’s Meg Green ...
American International Group CEO Robert Benmosche has been named Insurance Leader of the Year by St John’s University’s School of Risk Management (SRM).
Mr Benmosche will be honoured at a dinner on We...
Ratings agency AM Best may upgrade Tower Group International — providing its planned merger with fellow Bermuda company ACP Re Ltd goes through.
Best has maintained troubled Tower’s ratings with an un...
A newly formed Bermuda company has agreed a deal that will give it a controlling interest in Capital G Bank Ltd.
Yesterday, Capital G Ltd announced it had agreed to amalgamate with Clarien Group Ltd, ...
Seven new luxury waterfront apartments that command monthly rents of up to $20,000 have all been leased.
The five three-bedroom units and two two-bedroom units are at Waterloo House, a high-end office...
More than half of the money invested in catastrophe bonds could be wiped out by a single hurricane, according to catastrophe modelling experts AIR Worldwide.
Although such a storm is considered likely...
Reinsurance rates are falling amid a glut of capital in the industry, according to reinsurance broker Guy Carpenter.
In its latest market report, Guy Carpenter said property-catastrophe reinsurance ra...
The fast-growing insurance-linked securities (ILS) market is still in its early days of development and 2014 will provide some clues about its future impact on traditional reinsurers.
That is the view...
