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Bermuda-based Apex Group Ltd, the global financial services provider, has been appointed to provide fund administration services to private equity firm Revelstoke Capital. Apex said that Revelstoke is building industry-leading companies in healthcare...

Bermuda-domiciled Xceedance, a provider of strategic insurance consulting and technology serving insurance organisations worldwide, has announced the availability of on-demand services for property and casualty insurance companies, reinsurers, agents...

Sirius Point Ltd, the Bermuda-headquartered global specialty re/insurer, and Limit Financial, a managing general agent specialising in credit insurance and reinsurance solutions, have announced a multiyear underwriting capacity partnership and a stra...

Bermuda’s annual inflation rate increased at the highest rate in four years in July, increasing to 2.2 per cent. The rise was a full percentage point higher than June’s figure of 1.2 per cent and the highest since inflation hit 2.4 per cent in March...

Reinsurers rank climate change as the top risk facing the global insurance industry, a survey by the professional services firm PwC has revealed. The organisation said that many respondents to its Insurance Banana Skins 2021 Survey pointed to a sharp...

Bermuda-based PartnerRe has declared large catastrophe losses. Net of retrocession and reinstatement premiums were $297 million for the third quarter of 2021, and $417 million for the first nine months of the year. Loss estimates for winter storm Ur...

Industry veteran Simon Arnott has been appointed senior vice-president in the Bermuda office of Acrisure Re, the insurance broking and corporate risk advisory firm. Mr Arnott will report to Clark Hontz, president of Acrisure Re Bermuda. Mr Arnott wil...

Compre, the international specialist legacy group with an operation in Bermuda, has completed the acquisition of a $417-million legacy liability portfolio of SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, having received all ...

Miami International Holdings Inc, owners of the Bermuda Stock Exchange, are among the lead investors in an oversubscribed $4.1 million seed round of New York-based Options AI, which calls itself a unique brokerage platform putting option spreads in t...

After a two-year absence, Bermuda’s reinsurance industry will join colleagues, associates, clients and competitors in Monte Carlo next September. The Rendez-Vous de Septembre (RVS), a September tradition since 1957, is back after the pandemic hiatus....