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As Hurricane Fiona heads on a path northward, a Bermudian-based company and an American university have announced the launch of a hurricane-focused research collaboration. Aeolus Capital Management Ltd and the State University of New York at Albany d...

Three primary factors have spurred the growth of the island’s long-term sector over the past ten years, a panellist told attendees at the 2022 Bermuda International Life & Annuity Conference on Monday at Rosewood Bermuda. Darryl Herrick, president of...

Captives are playing an increasing role due to the evolving nature of the reinsurance market, a panellist told attendees at the 18th Bermuda Captive Conference. Nicolas Plianthos, senior vice-president, Marsh Management Services, said: “Because of th...

The founder of activist shareholders Voce Capital Management LLC has been appointed as an independent member of Argo Group International Holdings Ltd’s board of directors. J Daniel Plants is chief investment officer at Voce, a San Francisco-based hed...

Lloyd’s has received regulatory approval from the Prudential Regulation Authority and the Financial Conduct Authority in the UK to set up a second protected cell company. The new PCC provides a broadened range of capabilities for the market and an en...

Chainproof has launched today in Bermuda as the world's first regulated smart contract insurance provider. The pioneering organisation was incubated by San Francisco-headquartered Quantstamp Inc, a leading blockchain security auditor that has secured...

A Bermudian-based insurer is to provide drought-affected households in Malawi with a climate insurance payout

A decision by Narinder Hargun, the Chief Justice, has settled a four-year-old dispute in the island’s collateralised insurance sector with a first-of-its-kind determination. Mr Justice Hargun’s decision, delivered in the matter of Bermudian-based Aeo...

Bermuda can lead the world in tackling the challenges of climate risk, a leading insurance executive told a sold-out audience at the inaugural Bermuda Climate Summit yesterday. Speaking of climate risk on a macro level, Hamilton Insurance Group CEO P...

Profits at Bermudian-based International General Insurance Holdings Ltd rose 90 per cent in the first quarter compared with the prior-year period. The specialty commercial re/insurer reported a profit of $19.4 million, up from $10.2 million for the q...