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Bermuda needs to face the facts about itself — even the ‘ugly’ ones — if it is to develop a culture of business development. That was the message from Bermuda Business Development Agency’s (BDA) new chief executive officer Stephen Lund, who was the k...

RenaissanceRe Holdings Ltd. (RNR)’s net income of $179.7 million, or $4.01 per diluted common share for the third quarter, compared to $180.7 million or $3.62 per diluted common share in the third quarter of 2012. However, RNR, reporting their third ...

The burgeoning kaleidoscope of insurance regulation and supervision is a growing issue for the industry, and its impact on the Bermuda market is also a subject of discussion. Randi Cigelnik, general counsel at Property and Casualty Insurers Associati...

Premier Craig Cannonier told the Insurance Day Summit Bermuda in his opening address yesterday: “The Bermuda Government wishes to listen we wish to place policies around the insurance industry which will cause it to thrive." He said: "If we don't lis...

Members of the Florida House of Representatives invited the Bermuda reinsurance industry to increase their involvement in the $3 trillion Florida insurance market yesterday. In introducing the two State Representatives moderator Stephen Weinstein, R...

Appromiately 2,000 foreigners face expulsion from the Cayman Islands in October when their work visas expire, Bloomberg reports. Cayman’s new Premier Alden McLaughlin has made it “quite clear” to his immigration department that he wants to find a way...

RenaissanceRe has been in operation for 20 years today, and they are to enter their third decade with a new chief executive officer and company director at the helm. Kevin O’Donnell will officially become RenRe’s CEO on July 1. He joined as the ...

Bermuda is the jurisdiction of choice for re/insurers, but the industry faces challenges from governments around the world anxious to keep the business and capital at home. The comments were made at the Bermuda Captive Conference, where panellists r...