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Just two years after the leader of Lockton Inc declared the company was “going all in on reinsurance”, Lockton Re is spreading its wings. The global reinsurance brokerage launched a Bermuda office in the spring, taking to 13 the number of Lockton Re ...

Bermuda-based international specialty re/insurer Convex Group Limited has thrown its financial muscle behind the battle to slow climate change. The company has announced a multimillion-dollar partnership with the Blue Marine Foundation, a UK-register...

A key industry conference has been cancelled because of concerns around the Covid-19 pandemic. Convergence 2021, presented by ILS Bermuda, was to have been held as a hybrid in-person and virtual event on October 6 at the Hamilton Princess and Beach C...

A major institutional shareholder in Bermuda-based Argo Group International Holdings Ltd has called on its board of directors to commence a strategic alternatives process and objectively consider a sale of the full company. In a letter sent to the Ar...

Damage caused by Category 4 Hurricane Ida is expected to result in an insured loss of between $15 billion and $25 billion, Zurich-based Twelve Capital AG has estimated. The company is an independent investment manager specialising in insurance invest...

Bermuda-based re/insurance boss Greg Hendrick was among private sector leaders who participated in closed session, cybersecurity discussions at the White House on Wednesday with US president Joe Biden. Mr Biden and Mr Hendrick, who is chief executive...

An initiative by the Chubb Charitable Foundation last summer to benefit cash-strapped Bermudian students and non-profits on the island adversely affected by the Covid-19 pandemic is to be supported for a second year. The “Community Service Values Sum...

One of the most important events on the global reinsurance industry calendar is to be held in-person this autumn. The Baden-Baden Reinsurance Meeting will go ahead October 17-21 with reinsurers from around the world, including Bermuda, expected to tr...

Insurers can learn lessons from the impact of the Covid-19 pandemic, a leading insurance law expert told an international audience. Nick Williams, a partner and head of the insurance division in the London office of law firm Kennedys, was speaking on...

John Charman, an influential figure over a five-decade career in the re/insurance industry, is to retire from Bermudian-based Sompo International Holdings Ltd when his current contract expires next April. Sompo, a specialty provider of property and c...