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The risk industry was urged to lay claim to the discussion on ESG – environmental, social and governance issues. Joseph Petrelli, the president of the financial analysis and consulting firm, Demotech, told a panel of the world’s leading rating agenci...

The RG/BSX Index closed at 2,495, unchanged today in the absence of any domestic company trades on the Bermuda Stock Exchange. The Bank of Butterfield closed $1.13 (3.12 per cent) higher at $37.35 on the New York Stock Exchange.

For the second consecutive day, Bermuda market executives – this time from global reinsurers – discussed various facets of on-island industry life that highlighted how Bermuda reinsurers comprised such a large part of the global catastrophe reinsuran...

The life insurance industry in Bermuda is set for growth but it needs more boots on the ground. This was the word from industry leaders in a panel on Bermuda’s role in the growing life insurance sector, during the second day of the Bermuda Risk Summi...

Activist investor Capital Returns Management LLC has called on Argo Group International Holdings Ltd to hold its annual general meeting in May as it dismissed claims by the company that it had made significant progress since its strategic repositioni...

The Insurance Commissioner for the Florida Office of Insurance Regulation, David Altmaier, joined other regulatory experts from around the world on a Bermuda Risk Summit panel discussing how they balance financial stability and policyholder protectio...

The overall performance of insurance-linked securities (ILS) funds has slipped despite another year of record cat bond issuance, according to a Best’s Special Report. AM Best said that the global ILS market also remained saddled with prior catastroph...

Maiden Holdings Ltd’s net profit for the year rose almost 50 per cent to $117.6 million in 2021 as its enjoyed favourable returns on its management of its assets. The Bermudian-based holding company reported fourth quarter net income available to Ma...

Bermudian-based Apex Group Ltd, the rapidly expanding global financial services provider, has expanded its digital assets capabilities with the acquisition of a majority stake in Fund Admin Chain, a distributed ledger-based network for launching, dis...

Mosaic Insurance is building a cybersecurity underwriting unit in Bermuda to align its global business strategy around the fast-growing risk. The Bermudian-based specialty insurer said it had transferred its cyber team underwriter George Cole from Lo...