A Bermudian businessman who was accused in the United States of a $135 million fraud in 2018 has now been told by authorities in the Cayman Islands that he, and two other directors of his failed compa...
The sale of Bermuda-based reinsurer PartnerRe to French mutual insurer Covéa for $9 billion is set.
A statement on the Exor website said that the transaction would reinforce PartnerRe’s strategy, fur...
A leading rating agency has predicted that 2022 will bring the fifth consecutive year of premium rate increases for property catastrophe cover in 2022, and predicted that they will be double-digit rat...
An insurance boss has complained that even though rates have hardened, they remain too low.
Richard Brindle highlighted the rising catastrophe risks in an era of increasingly evolving climate-change e...
The Bermuda-based Aeolus Keystone fund, which specialises in property catastrophe insurance coverage, is about to lose a key client as a result of Monday’s vote of the Arkansas Teacher Retirement Syst...
Fitch Ratings believes that tax advantages held by Bermuda (re)insurers will eventually be reduced as a result of the 15 per cent global minimum tax.
But Bermuda will remain favoured as an insurance ...
Two thirds of new jobs created in Bermuda in the next two years will come from entrepreneurs, a tech summit has been told.
But while there has been a 300 per cent increase in businesses using online a...
Bermuda is poised to play an important global role in building resilience to climate risk, a sovereign surveillance report on the country has determined.
But the island lags in steps needed to address...
Bermuda was given the nod of approval by Kroll Bond Rating Agency (KBRA), affirming the island’s long-term issuer ratings and revising it from negative to stable.
The report says that the ratings were...
Bermuda’s first digital bank may already be on the cards, with the Government welcoming the first formal bid.
The application submitted to the Bermuda Monetary Authority proposes a bank serving digita...
