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The island’s insurance companies have begun to pay out after receiving hundreds of claims for damage caused by Hurricane Humberto. The Category 3 storm hammered Bermuda last Wednesday evening and into Thursday morning, causing widespread power outage...

Market-leading Bermuda remains the natural location for the growth and development of the insurance-linked securities asset class, the chief executive of the Bermuda Stock Exchange says. Greg Wojciechowski was speaking at Monte Carlo Reinsurance Rend...

Technology, cyber and climate change are the three most urgent risks facing reinsurers worldwide, respondents to a survey conducted by professional services firm PwC have said. Results of the Reinsurance Banana Skins 2019 survey were released yesterd...

The challenges and opportunities presented by Bermuda’s healthcare system will be among the topics explored by discussion panels at the annual conference presented by the Bermuda Insurance Institute. The conference on October 3 has chosen “transforma...

Independent Lloyd’s of London broker Tysers has announced the launch of a Bermudian-based affiliate. Tysers (Bermuda) Ltd will be headed by Richard Tomkins, who has relocated from London to become managing director of Tysers Bermuda. He was managing...

Neil McConachie, a veteran of Bermuda’s reinsurance sector, has resigned his position as a director of Bermudian-based Third Point Reinsurance Ltd. Mr McConachie’s resignation on July 1 was effective that day, according to a regulatory filing made by...

Regulation poses the greatest threat to the global insurance industry due to the volume of change and associated cost, according to Bermudian-based respondents to a survey of industry professionals. One survey respondent said that regulation is “stra...

Insurance industry veteran Scott Cobon is the new managing director, Bermuda, for Bermudian-based insurance managers, Artex Risk Solutions. Mr Cobon moves into the position formerly occupied by Rob Eastham, who is taking on the new role of executive ...

The urgent need for business and technology modernisation poses the greatest threat to the global insurance industry, according to a survey of industry professionals. The Insurance Banana Skins report is published by the Centre for the Study of Finan...