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A newly formed Bermuda-based reinsurer will provide new insurance industry capacity through traditional reinsurance markets and the capital markets. Normandy Re president Mr. Aaron Stern said that Bermuda is a logical place for Normandy Re because it...

dollar American Express contract being relinquished by LPG Ltd. as of July 1. The decision was taken on Friday after American Express (AMEX) officials sought an expanded presence in Bermuda. Three people involved in the handling of the business throu...

message to the Bermuda market that Lloyd's is growing in strength and will soon emerge from the difficulties of the past, ready to compete with a new, limited liability source of funding. Mr. Rowland was speaking at the Bermuda Insurance Symposium lu...

Symposium yesterday at the Marriott Castle Harbour Hotel, by crediting the partnership between Government and the private sector with the success the Island has found in insurance. That partnership has led to an Insurance Advisory Committee (IAC) tha...

Bermuda's new insurance regulations may eliminate some state regulators' concerns about Bermuda as an offshore jurisdiction, a top US insurance regulator said yesterday. But Arkansas state insurance commissioner Mr. Lee Douglas told a Bermuda Insuran...

for the assistance of Mr. Bruce Blythe, the president and CEO of Crisis Management International (CMI) Inc. About two hours after the remnants of the Alfred P. Murrah building was razed to the ground by demolition experts on Tuesday, Mr. Blythe was a...

"Pirate hunter'' Mr. Eric Ellen told an insurance conference last week that there were more than 100 incidents of piracy last year and more than $200 million worth of cargo was stolen. But he also urged insurers to probe more deeply when claims for l...

John Head, managing partner of John Head & Partners L.P. while addressing about 200 participants in the 24th annual International Risk Management Group Ltd. conference, being held through Wednesday at the Marriott Castle Harbour Hotel. And he predict...

week that focuses on mutual funds. The International Bar Association's (IBA) Sixth Annual Globalisation of Mutual Funds at the Southampton Princess Hotel, starting Sunday, will attract a record number of mutual fund experts from around the world. It ...

SAN FRANCISCO -- To truly gauge risks from natural disasters, the property catastrophe reinsurance business loss experience would have to be measured in milleniums, a RIMS conference seminar was told last week. But no-one has 1,000 years of data on h...