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The sold-out Bermuda Risk Summit 2022 was an “immense success”, the Bermuda Business Development Agency declared today. The three-day event, presented by the BDA, attracted more than 80 overseas delegates to the Hamilton Princess and Beach Club. The ...

There was no shortage of views on the war during the Bermuda Risk Summit. Some delegates considered that a short period of hostilities would limit its effect on the insurance industry but the longer the war lasts, the more issues it will impact. Glob...

The risk industry was urged to lay claim to the discussion on ESG – environmental, social and governance issues. Joseph Petrelli, the president of the financial analysis and consulting firm, Demotech, told a panel of the world’s leading rating agenci...

For the second consecutive day, Bermuda market executives – this time from global reinsurers – discussed various facets of on-island industry life that highlighted how Bermuda reinsurers comprised such a large part of the global catastrophe reinsuran...

The Insurance Commissioner for the Florida Office of Insurance Regulation, David Altmaier, joined other regulatory experts from around the world on a Bermuda Risk Summit panel discussing how they balance financial stability and policyholder protectio...

Maiden Holdings Ltd’s net profit for the year rose almost 50 per cent to $117.6 million in 2021 as its enjoyed favourable returns on its management of its assets. The Bermudian-based holding company reported fourth quarter net income available to Ma...

Bermudian-based Apex Group Ltd, the rapidly expanding global financial services provider, has expanded its digital assets capabilities with the acquisition of a majority stake in Fund Admin Chain, a distributed ledger-based network for launching, dis...

Mosaic Insurance is building a cybersecurity underwriting unit in Bermuda to align its global business strategy around the fast-growing risk. The Bermudian-based specialty insurer said it had transferred its cyber team underwriter George Cole from Lo...

Avance Gas Holding Ltd, the Bermudian-based company engaged in the transportation of liquefied petroleum gas, has new leadership. Kristian Sørensen has resigned as CEO to pursue opportunities outside of the company. The chairman of the board, Erik O....

Changes are coming to PwC. The firm said a new strategy focuses on two interconnected needs faced by clients around the world: To build trust and deliver sustainable outcomes. A press release said: “Solving the problems of the future requires teams...