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Four Bermuda Foundation for Insurance Studies scholars flew to London on the weekend for an intensive two-week internship. They visit 18 (re)insurance companies and other related organisations during the fortnight, participate in presentations, meet...

The credit ratings of BF&M Limited and its insurance subsidiaries remain unchanged following the company’s announcement of a strategic review, AM Best has reported. The ratings agency’s report includes subsidiaries BF&M Life Insurance Company Limited...

Envelop Risk continues to grow its Bermuda platform with the hiring of David Ross, the accomplished underwriter with ILS experience in both deal analytics and capital management. The MGA and cyber tech modelling company said the hiring is subject to...

Resolution Re, the Bermudian reinsurance platform of Resolution Life, the long-term legacy life insurance solutions provider, has entered into a reinsurance agreement with The Dai-Ichi Life Insurance Company Limited of Japan. The agreement transfers ...

Everest Reinsurance, the reinsurance division of Bermudian-based Everest Re Group Ltd, has announced Brent Hoffman will join the company as senior vice president, head of claims and chief operations officer at the end of July. He will report directly...

The RG/BSX Index finished at 2,246.62, up 4.28 points or 0.19 per cent. Argus Group Holdings Ltd closed at $6.35, up four cents (0.6 per cent) on volume of 10,100. Bermuda Aviation Services Ltd. ended at $1.65, up 60 cents or 57.1 per cent on tradin...

American Overseas Group Limited, the Bermudian-based holding company, has reported consolidated net income available to common shareholders of $700,000, or $15.06 per diluted share, for the three months ended March 31. This compares with consolidated...

Relm Insurance has explained that a Canadian regulator’s claim of inappropriate advertising in Ontario is based on a misunderstanding and not any company wrongdoing. The company issued a statement this weekend after David Burt, the Premier and Financ...

The government has threatened Bermuda’s banks to rein in escalating bank fees and globally-abnormal bank charges, or face government-imposed limits. And a near 10 year old Progressive Labour Party promise to crack down on banks is a step closer to re...

Bermuda International Long Term Insurers and Reinsurers has increased the size of its board of directors from 10 to 15 with the appointment of an additional five members. Biltir, which represents 68 life insurance and reinsurance businesses and servi...