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The Bermuda Insurance Management Association and Bermuda Insurance Institute’s 2018 Captive Education Summit takes place at the Hamilton Princess tomorrow afternoon. The event, billed largest captive education forum for industry professionals, takes ...

Chubb Limited has announced preliminary net loss estimates in the fourth quarter of 2018 attributable to the California wildfires of approximately $225 million pre-tax, or $195 million after tax. It said the estimates do not include losses from Hur...

One Communications Ltd spent $1.35 million in trades to repurchase its own shares in Bermuda Stock Exchange trading. The company said after the close of trading yesterday that it had bought back 451,805 of its shares for immediate cancellation at an ...

Bermudian-based insurers and reinsurers have strengthened their resilience to potential catastrophe events by marginally decreasing their net exposure to such events, while also increasing the amount of capital and surplus they hold. That is one of ...

PwC’s 2018 annual corporate directors survey finds that directors are engaging more in a broad range of topics including strategy oversight, corporate culture and board diversity. And they are engaging more in cybersecurity topics, even as they strug...

Axis Capital Holdings Ltd has launched a consolidated Global Cyber and Technology unit. Led by Dan Trueman, global head of cyber and technology, the unified global team will be part of the Axis Insurance’s professional lines division. Axis, a Bermud...

Bermudian reinsurer Everest Re Group has hired Jon Levenson from island rival Validus Holdings to be the company’s new head of investor relations. Mr Levenson will be responsible for investor relations and rating agency relationships and will report ...

Shares of One Communications Ltd fell ten cents in Bermuda Stock Exchange trading. The telecommunications firm fell 3.1 per cent to close on $3.10 on the trading of 6,000 shares. One was the only stock to trade on the BSX. Butterfield Bank’s US-liste...

American International Group chief executive Brian Duperreault praised Bermuda’s “culture of quality and innovation”, while urging fintech entrepreneurs to be relentless in their pursuit of novel ideas, on the second of a two-day industry forum in Lo...

Entrepreneurs have been offered a start-up guide by the Bermuda Economic Development Corporation. The “How To Start Guides”, uploaded on the BEDC’s revamped website and available as hard copies from the BEDC office, are designed to give free advice t...