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Bermuda is home base for 14 of the world’s top 50 reinsurers, a new list published yesterday by global rating agency AM Best reveals. The list which reflects the latest available 2020 compilation, confirms the continued concentration of reinsurance e...

Bermuda’s insurance regulators have created an advanced catastrophe bond registration process that puts the island light years ahead of the competition. Cat bond sponsors looking to locate such structures on the island can take advantage of streamlin...

A panel of Caribbean insurance executives exposed defects in catastrophe models, speculated on the need for a revamp of building codes and revealed problems for countries and their insurers in the region, including reduced access to US dollars. They ...

Caribbean countries will struggle to adopt a global minimum tax on corporate profits because they are already reeling over anti-money laundering and terrorism financing compliance requirements, a leading insurer said. Paul Traboulay, the chief opera...

An investment fund manager has called on Bermuda to coordinate with other countries in formulating a response to the push for a global minimum corporate tax. The call came during the virtual Artemis Bermuda ILS Executive Roundtable this week, from Ri...

Bermuda remains the favoured jurisdiction for catastrophe bond issuance, even though there’s now more choice than ever for sponsors with new jurisdictions, notably in Asia, increasingly looking to grow their market share. This consensus emerged from ...

Efforts to combat a global tax plan that threatens Bermuda’s interests received help with a key expert publicly explaining how proposed measures would also be contrary to the interests of American homeowners, particularly in coastal states like Flori...

The Bermuda Foundation for Insurance Studies (BFIS), now in its 25th year of existence, has just awarded a total of $357,500 in scholarship funding to 18 students focused on careers in Bermuda’s insurance sector. This brings the total amount of fund...

Bermuda’s international re/insurers are leveraging the market cycle and expanding their franchises considerably in a period of optimism. Several companies are active in share repurchases already, or resolving to buy back stock with accumulated cash a...

Hardening rates in insurance and reinsurance are a trend that is expected to continue, analysts ave been told. Making clear he supports that view – and that development – is Marc Grandisson, executive vice-president, chief financial officer & treasur...