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A London-tech executive said Covid-19 could be pushing the digitisation of the insurance market in Bermuda, at least when it comes to insurance placing, a key part of the insurance process. John Irving, a senior account manager at Web Connectivity Li...

AM Best has affirmed a financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Harrington Re Ltd. AM Best has also affirmed the long-term ICR of “bbb-” (Good) of Harrington Reinsurance Holdings Limite...

Markel International has announced plans to merge its professional and financial risks division with its recently expanded cyber team. Markel International’s managing director of wholesale, Andrew McMellin, said that when his company started writing ...

Bermuda is on track for a good year in terms of insurance company registrations. Statistics released by the Bermuda Monetary Authority reveal there have been 63 new registrations to date including two intermediaries, compared with a total of 65 last...

When Norwegian insurance executive Rolf Roppestad came to Bermuda for business meetings this month, he had a special request. He wanted to meet his childhood hero, Bermudian footballer, Clyde Best, who scored 58 goals for West Ham United between 196...

An Enstar Group Limited wholly-owned subsidiary has closed its loss portfolio transfer transaction with speciality insurance underwriter Argo Group International Holdings, Ltd, to reinsure a number of its direct US casualty insurance portfolios relat...

PartnerRe today reported on the “significant industry event” that was Hurricane Ian, but said the net loss attributable to common shareholder of more than $1.5 billion for the first nine months of the year (2021 9m: $317 million profit), was due to u...

After a three-year hiatus, Gary Harris will be back at Appleby Bermuda on Monday as an insurance partner. Mr Harris joins Appleby from Fortitude Re, where he was head of legal and compliance in Bermuda. Before that he worked for Appleby for six years...

Appleby partner Jerome Wilson will discuss the future of finance at the upcoming Bermuda Tech Week, focusing on banking institutions leaning into the digital-asset market. Mr Wilson, head of Appleby’s technology and innovation practice, will moderate...

Athlete and junior team coach Eusebio King-Mills became this year’s Validus Re Scholar, when he won a $20,000 scholarship from the firm. Validus announced the recipients of its annual scholarships on September 22. A total of $60,000 in funds was dis...