Reinsurance Bermuda ‘vital piece of the puzzle’ as US retirement needs grow In the United States, 11,000 people turn 65 every single day, which poses challenges and opportunities In the United States, 11,000 people turn 65 every single day, which poses challenges and opportunities Sep 15, 2025 7:28 PM
General CG launches Return of Premium: life insurance that gives back Sales manager Jonathan Robinson raises awareness with a fresh initiative Sales manager Jonathan Robinson raises awareness with a fresh initiative Sep 12, 2025 12:30 AM
Local Business Hayward strengthens trade and reinsurance ties in Brussels During the visit, the minister met with senior officials from Belgium and European Union institutions During the visit, the minister met with senior officials from Belgium and European Union institutions Sep 09, 2025 7:05 PM
Reinsurance PwC: global run-off reserves top $1.1trn The maturing sector has a growing role in international insurance, with new capital inflows expected The maturing sector has a growing role in international insurance, with new capital inflows expected Sep 09, 2025 6:51 PM
International Business Caribbean leaders tap AI for parametric insurance The tools can analyse vast amounts of data to design parametric products that trigger payouts after disasters The tools can analyse vast amounts of data to design parametric products that trigger payouts after disasters Sep 09, 2025 5:01 PM
Reinsurance CatX and Cactus merger unveiled at Rendez-Vous The combined company becomes Bermuda's largest insurance software firm The combined company becomes Bermuda's largest insurance software firm Sep 08, 2025 8:00 AM
Reinsurance Reinsurance price decreases to accelerate How much softening will depend on the risk climate in 2026 How much softening will depend on the risk climate in 2026 Sep 05, 2025 7:58 AM
Reinsurance Acrisure releases new platform The tool will turn complex data into clear, actionable insights The tool will turn complex data into clear, actionable insights Sep 03, 2025 5:52 PM
Local Business Bermuda College launches Compliance Academy The new virtual business programme is designed to fill an academic void in the island The new virtual business programme is designed to fill an academic void in the island Sep 03, 2025 5:32 PM
Reinsurance Abir members increase premium share A report showed the group of insurers and reinsurers wrote ten per cent more business in 2024 A report showed the group of insurers and reinsurers wrote ten per cent more business in 2024 Sep 02, 2025 2:50 PM
General Insurance costs rise for government workers Higher contribution rates come into effect with additional increases scheduled over the next two years Higher contribution rates come into effect with additional increases scheduled over the next two years Sep 02, 2025 7:56 AM
Reinsurance S&P Global Ratings elevates Ascot Group The agency raises its long-term issuer credit rating on the insurer for its strengthened capital position The agency raises its long-term issuer credit rating on the insurer for its strengthened capital position Aug 29, 2025 7:59 AM
Reinsurance Jessica Laird takes over as Nephila head Predecessor Frank Majors says the time is right to take a step back Predecessor Frank Majors says the time is right to take a step back Aug 27, 2025 6:45 PM
Reinsurance Sompo buys Aspen for $3.5bn The purchase will add $4.6 billion in gross written premium to Sompo’s profits The purchase will add $4.6 billion in gross written premium to Sompo’s profits Aug 27, 2025 3:34 PM
Reinsurance Somerset Life Re receives excellent AM Best ratings The credit ratings agency assesses reinsurer’s balance-sheet strength as strong The credit ratings agency assesses reinsurer’s balance-sheet strength as strong Aug 27, 2025 7:57 AM
Reinsurance US health insurers get negative outlook AM Best attributed the downgrade to higher medical costs and increased utilisation AM Best attributed the downgrade to higher medical costs and increased utilisation Aug 25, 2025 7:04 PM
Reinsurance PwC announces line-up for 18th Insurance Summit Speakers at the November conference include chief executives from several of the world’s top 25 reinsurers Speakers at the November conference include chief executives from several of the world’s top 25 reinsurers Aug 22, 2025 12:26 PM
Local Business Profitmaking Aegon mulls moving HQ to US The insurance company, which shifted domiciles to Bermuda two years ago, made about $704 million The insurance company, which shifted domiciles to Bermuda two years ago, made about $704 million Aug 22, 2025 7:59 AM
Local Business Helen Souza named Bermuda Captive Network consultant The executive will leverage her knowledge of the sector to support membership and business development The executive will leverage her knowledge of the sector to support membership and business development Aug 21, 2025 6:15 PM
Local Business Fidelis reports $19.7m in Q2 net income Losses from the Russia-Ukraine aviation litigation are no longer expected to weigh on future performance Losses from the Russia-Ukraine aviation litigation are no longer expected to weigh on future performance Aug 19, 2025 7:59 AM
International Business AIG appoints Scott Hallworth to spearhead GenAI strategy The executive brings a deep, technical background in digital and actuarial capabilities to the company The executive brings a deep, technical background in digital and actuarial capabilities to the company Aug 19, 2025 7:58 AM
Reinsurance Vesttoo creditors seek $500,000 recovery from Appleby Insurtech’s failure is claimed to be one of the largest and most brazen insurance frauds in corporate history Insurtech’s failure is claimed to be one of the largest and most brazen insurance frauds in corporate history Aug 18, 2025 7:58 AM
Reinsurance California schools look to Bermuda for insurance A state law that makes it easier to sue for alleged child sexual assault has led to rising insurance costs for districts A state law that makes it easier to sue for alleged child sexual assault has led to rising insurance costs for districts Aug 18, 2025 7:57 AM
Reinsurance Strong Bermuda cat bond registration There were 14 special purpose insurers registered with the Bermuda Monetary Authority in the first half of the year There were 14 special purpose insurers registered with the Bermuda Monetary Authority in the first half of the year Aug 14, 2025 6:00 PM
Local Business Trend towards onshore captive domiciles, analysts say There was a net increase of about 100 US captives last year There was a net increase of about 100 US captives last year Aug 14, 2025 8:05 AM
International Business AI gives cat modellers new tools to predict deadly derechos Karen Clark says artificial intelligence is less efficient at predicting hurricanes, earthquakes or trends in climate change Karen Clark says artificial intelligence is less efficient at predicting hurricanes, earthquakes or trends in climate change Aug 14, 2025 8:04 AM
Reinsurance SiriusPoint to stem wildfire capacity shortage A new strategic partnership with a leading commercial property managing general underwriter A new strategic partnership with a leading commercial property managing general underwriter Aug 12, 2025 7:12 PM
Reinsurance AIG awards $35,000 in scholarships Navaeh Barclay and Cheron Hunt are this year’s recipients Navaeh Barclay and Cheron Hunt are this year’s recipients Aug 12, 2025 2:34 PM
Reinsurance Carrick enters loss portfolio transfer Carrick intends to assume the covered business of National Casualty Company of America Limited and several other firms Carrick intends to assume the covered business of National Casualty Company of America Limited and several other firms Aug 11, 2025 2:22 PM
Local Business Assured Guaranty reports $103m net income for Q2 Shareholders’ equity per share in the bond insurer reached a record $117.10 as of June 30 Shareholders’ equity per share in the bond insurer reached a record $117.10 as of June 30 Aug 10, 2025 8:00 AM
