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How would you characterise the health of the captive insurance market in Bermuda? If you ask a panel of captive insurance experts for their views on the industry in Bermuda, you are likely to get different responses. But when they come together, a cl...

Convex Insurance has responded to Wednesday’s demonstration by the UK activist group, Market Forces, which is protesting the refusal by Convex to rule out providing insurance cover to a $16-billion Australian coalmine by Convex. Market Forces staged ...

The RG/BSX Index finished unchanged at 2,595.09 on the Thursday before Christmas. There was no activity on the Bermuda Stock Exchange domestic board. On the New York Stock Exchange, the Bank of Butterfield was up 40 cents (1.07 per cent), closing at ...

An article in investment publication ThinkAdvisor raises the spectre of life insurance companies moving their domiciles en masse to Bermuda. ThinkAdvisor is the publication that features “all the investment news, in-depth analysis, market data an...

DARAG Group, the legacy specialist, has entered into a stock purchase agreement and received the relevant regulatory approval for the purchase of a Texas-based insurer in run-off, it announced today. DARAG said it would look to use this insurer as it...

A major US insurer has successfully closed a $160 million 144A catastrophe bond completed through a newly established, Bermudian-based special purpose insurer. Farmers Insurance Exchange said that it and its subsidiaries and affiliates comprising the...

Veteran underwriter Kate Vacher was looking for her next challenge earlier this year. She was on the original team for start-up Aspen Insurance in 2002, and was promoted to group director of underwriting there four years later. But after Apollo Mana...

Market Forces, the UK activist group, put Bermuda insurance executive Stephen Catlin and Convex Insurance on Santa’s naughty list today, staging a demonstration outside the Hamilton offices newly occupied by the global insurer. Following a simila...

The Ministry for the Cabinet Office released the September 2021 Consumer Price Index (CPI) from the Department of Statistics. In summary, during September 2021 consumers paid 2.2 per cent more than they did in September 2020 for the basket of goods a...

Christian Dunleavy has been appointed to the newly-created position of group chief underwriting officer at Aspen. Mark Cloutier, executive chairman and group chief executive officer of Aspen Insurance Holdings, announced Mr Dunleavy’s appointment and...