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It was human brain power that was tested in a debate on the future of artificial intelligence in the investment world. At the second World Alternative Investment Summit Bermuda, trading exports Michael Murphy and Jon Najarian took opposing sides on t...

Centaur Fund Services (Bermuda) Ltd has appointed IC Condat as its head of insurance-linked securities. Speaking about his appointment with the independent fund administrator, Mr Condat said: “The ever growing interest and appetite in the ILS asset c...

Reinsurers’ earnings for the year have probably already been wiped out by industry catastrophe losses of more than $100 billion — and their capital could also be hit. That is the view of analysts at S&P Global Ratings, who believe that an improvement...

Shares of Argus Group Holdings Ltd jumped 6.1 per cent in Bermuda Stock Exchange trading. The insurer gained 23 cents to close the week on $4 as 1,500 of its shares changed hands. Fellow insurer BF&M Ltd also traded, with its shares inching lower by ...

The value of catastrophe bonds and ILS issued this year stood at a record $10.64 billion up to the end of last month. While the third quarter failed to reach $1 billion of issued cat bonds and ILS for only the second time in five years, the addition ...

XL Catlin’s insurance operations has launched Private Clients, a suite of coverages specifically designed to address the complex insurance needs of ultra high net worth individuals and their families. Only available through a panel of specialist priv...

Job opportunities abound in the heating, ventilation, air-conditioning and refrigeration trades for locals who are prepared to get qualified. That was the clear message from Brendan Stones, general manager of AirCare Ltd, speaking at the Hamilton Rot...

Bermuda offers a number of unique legal entities through which businesses can operate. The most common entities include companies, limited partnerships that have elected to have legal personality (LP) and most recently, limited liability companies (L...

LOS ANGELES (Bloomberg) – The fires ravaging Northern California stand to leave the area’s renowned wine industry with damage that will be felt long after the final flames burn out. At least four Napa Valley vineyards have been destroyed or significa...

Terrorism risk insurance, whether through traditional or stand-alone policies, is an increasingly important element of domestic corporate insurance programmes, according to a new Rims professional report titled, Terrorism Insurance: Understanding the...