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Firefighter Mark Prior aims to turn up the heat in the fight world. For Mr Prior, a member of the Bermuda Fire & Rescue Service, has opened Bermuda Combat Club — dedicated to the “gentle art” of Brazilian Jiu-Jitsu and mixed martial arts cage fightin...

Tough market conditions mean a wave of mergers and buy-ups in the reinsurance sector is set to continue, experts predict. But Standard & Poor’s Global said activity will be at a “measured pace” because of high valuations, and that mergers still carri...

Ratings agency AM Best is hold an insurance market briefing in Bermuda in October. Analysts from the company will deliver market insights, present and overview of the state of the industry and discuss ratings trends. AM Best experts will also present...

Investment services firm LOM has posted a profit of nearly $433,000 for the first half of the year. The figure is an improvement of more than $381,000 on the same period last year. Scott Lines, chief executive officer of LOM, said the company will be...

Bermudian-based insurer and reinsurer Hiscox Ltd saw its profit more than halved for the first six months of the year. Its pre-tax profit of $102.6 million was down from the $206 million for the same period last year. However, if the impact of foreig...

Bermuda is to host two new insurance industry events later this year. Field Gibson Media’s Insurance Risk and Capital Bermuda will be held on October 20 at the Hamilton Princess. The company publishes the online InsuranceERM magazine and the confere...

Edie Jaworski has joined the Bermuda office of professional services firm EY. She previously worked at EY’s New York office for 18 years. David Brown, EY Bermuda senior partner and regional insurance leader, said: “We are very pleased to have Edie jo...

Bermuda’s current account surplus doubled in the first three months of this year to $328 million, compared to $161 million for the same period last year. The increase was largely attributed to improvement in the surplus balance on the primary income ...

PartnerRe Ltd has announced $191 million in profit for the second quarter of the year. The figure is $54 million up on the $137 million made by the reinsurer in the same quarter of 2016. Operating earnings hit $97 million for the quarter, compared to...

Bermudian-based Axis Capital Holdings has reported profits of $85 million for the second quarter, down $34 million on the same period last year. The figure is equal to $1.01 per common share, compared to the $1.29 per common share on the second quart...