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Insurance group Argus rose 1 cent in Bermuda Stock Exchange trading today. The increase of 0.2 per cent to $4.05 came after 3,000 shares sold. Utilities firm Ascendant was unchanged at $6 after 20,400 shares moved. The Bank of Butterfield was also un...

In line with the evolving threat of terrorist attacks around the world, an expanded terrorism risk model has been announced by AIR Worldwide. The model will allow insurers, reinsurers and others to test likely terrorist attack scenarios in 28 countri...

Reinsurance pricing is not sustainable, Axis president and CEO Albert Benchimol warned yesterday. Mr Benchimol said, however, that the subject was not being discussed as much as he would like at Monte Carlo industry conference Rendez-Vous. He added: ...

Reinsurance capital globally hit a new peak of $585 billion in the first half of this year, a jump of 4 per cent on the 2015 full year figure. To put that capital pile in context, the ten-year median average for global insured losses is $46 billion. ...

Financial services investment firm Somers Ltd broke even in the third quarter of its fiscal year — down from an $8.6 million profit in the same period of last year. But the firm said that a decline in the UK pound against the dollar amid turmoil in B...

The Bank of Butterfield climbed 5 cents to $19.30 in Bermuda Stock Exchange trading today. The move, equivalent to a 0.3 per cent increase, came after 2,000 shares traded. The Royal Gazette/BSX Index closed up 2.25 points, or 0.17 per cent, at 1,351....

Women in the insurance industry still struggle to reach the top of the corporate ladder, a report by professional services firm PwC said yesterday. And the industry is one of the least popular with women millennials looking for a career, with 13 per ...

The impact on Bermuda’s alternative investment management industry after the UK’s decision to quit the European Union is to be discussed this Friday. The Alternative Investment Management Association will look at the implications of Brexit, as well a...

Knowledge. Most of us seek improve our skills in a variety of ways as we strive to develop and improve our abilities to contribute to our careers and our communities. As part of these efforts we read, we attend seminars or workshops, we learn from m...

Bermuda registered one new insurance company last month, the Bermuda Monetary Authority said yesterday. The creation of Breakwater Insurance brought the total number of firms registered to the end of August to 36 — 24 insurers and reinsurers in all c...