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Bermuda resident David Hart was still reeling on Friday, after Hurricane Ian brought catastrophic winds to his home state of Florida on Wednesday. Mr Hart, chief executive officer of the Bermuda Business Development Agency, moved to Bermuda a year ag...

Global speciality insurer SiriusPoint Ltd has partnered with Insurate Inc, a newly launched managing general agent, specialising in workers’ compensation insurance. Insurate is focused on small and mid-sized American industrial businesses with an est...

A good turnout at the Bermuda Risk Summit in May was a sign of Bermuda’s ESG positivity, Sherman Taylor, head of capital markets, at Ocorian, said last night. “I think that Bermuda is definitely showing that it is an ESG positive jurisdiction,” Mr T...

The world has been experiencing a cybercrime pandemic since March 2020, and things are only getting worse

A new library at a North Carolina university will be named for retired insurance executives John and Lorraine Charman, following a $30 million donation from the couple. The news was revealed on Tuesday night at an event at High Point University in Hi...

MSL Captive Solutions has appointed Meredith Watson as assistant vice-president and lead underwriter. MSL is an independent, specialist underwriting and consulting services firm formed by Strategic Risk Solutions two years ago to focus on the use of...

Acrisure, a global fintech firm with offices in Bermuda, has acquired veteran insurance brokerage Russell Scanlan. The deal is expected to close soon, pending Financial Conduct Authority regulatory approvals. “I look forward to welcoming the Russel...

The Bermuda insurance industry has been at the forefront of a global transition from paper to digital based processes, according to a British expert. “Bermuda reinsurers have matched and in many cases, exceeded the speed of change in the UK,” said Gr...

For the first time in the 17 years of the KPMG Senior School Investment Challenge, none of the teams made a profit. Twenty one teams from ten schools took part in the annual event. The challenge was to invest $100,000 in a virtual stock market that m...

For the first time, American International Group has been recognised as one of the 50 most community-minded companies in the United States. AIG was given the honour by Points of Light, a non-partisan, global non-profit that inspires, equips and mobil...