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Aspen Insurance Holdings Ltd posted an after-tax net loss of $168.7 million for the first six months of the year, driven by $187.3 million of losses related to Covid-19. The Bermudian-based insurer, which is owned by American private-equity firm Apol...

The Bermuda Monetary Authority is aware that an internet domain has been registered in the name of www.bmafinancier.com. “While the website is not active, e-mails appear to have been sent from this domain which falsely use the names of individuals a...

Bermudian-based Sompo International Holdings Ltd will become one of the world’s largest crop insurers after agreeing to acquire Diversified Crop Insurance Services. Diversified, a subsidiary of CGB Enterprises, will become part of the AgriSompo platf...

BF&M Ltd generated $10.4 million of shareholders’ net income in the first half of this year, down from $11.4 million in first six months of 2019, the company announced today. John Wight, the insurer’s group chairman and chief executive officer, said ...

Organisers of Bermuda Convergence 2020 event next month have announced the keynote speakers. Marshall Shepherd, Parag Khanna, and Shalini Vajjhala will present at the digital event, which will take place from October 6 to 8, ILS (Bermuda) Ltd said. I...

Life reinsurer Athene Holding Ltd has named the six recipients of its 2020 scholarship. The Athene Scholarship, which can be awarded to up to ten students each academic year, covers the full costs of each student’s associate degree programme and req...

Dear Dave, With Covid-19 and all the resulting economic problems, do you have any advice for what a young person can do to prepare for the future? ­— Kyle Dear Kyle, Regardless of the coronavirus or any economic situation that might arise, there are...

The impact of Covid-19 and new opportunities for captives will be among topics of discussion at the Bermuda Captive Conference 2020 next week. The three-day conference begins on Wednesday, and is Bermuda’s largest and longest-running industry event. ...

Bermuda Police Service is fighting a constant battle trying to keep pace with cybercriminals who have been increasingly active during the pandemic. Superintendent Nicholas Pedro, officer in charge of the Serious Crime Division, told business owners o...

Catastrophe modeller RMS has estimated onshore insurance industry losses related to Hurricane Laura will range between $9 billion and $13 billion — suggesting that Bermudian reinsurers will face substantial claims. The estimate is markedly higher th...