75002 results returned for search: "" category "Business"
One of the world’s largest insurance and reinsurance brokers, Aon, has joined the Association of Bermuda Insurers and Reinsurers (Abir).
The association pointed out Aon’s significant and enduring presence in the Bermuda market for more than 50 years,...
DATE: Feb 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Fitch Ratings has maintained its negative outlook on the ratings of SiriusPoint Ltd. (SPNT).
Fitch affirmed SPNT ratings, including its BBB Long-Term Issuer Default Rating (IDR), BBB senior debt rating and A- (Strong) Insurer Financial Strength (IFS)...
DATE: Feb 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A Bermudian-based reinsurer has played a pivotal role in helping a revolutionary new crypto wallet insurance product get to market.
Relm Insurance Ltd has provided the necessary reinsurance backing for Crypto Shield, the first insurance product for c...
DATE: Feb 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
In our third instalment of addressing psychological safety and building trust in the workplace, we provide practical tips that everyone in the workforce can rally around and apply to navigate the uncertainties of “getting back to work”.
When practis...
DATE: Feb 21, 2022
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CATEGORY:
Local Business
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AUTHOR:
Stuart Lacey
Sony’s Bermuda captive has won acknowledgement of its outstanding financial strength and credit ratings by AM Best.
The rating agency has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “A+” (Excellen...
DATE: Feb 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The parent company of island-based Palomar Specialty Reinsurance Company Bermuda Ltd has reported net income of $16.6 million in the fourth quarter of 2021, which contributed to full year net income of $45.8 million.
California-based Palomar Holdings...
DATE: Feb 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Hiscox Ltd has appointed Jon Dye as UK CEO, effective in September, subject to regulatory approval.
The Bermudian-headquartered international specialist insurer said Mr Dye would be responsible for leading Hiscox’s flagship retail business in the UK....
DATE: Feb 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Mosaic Insurance, the Bermudian-based specialty insurer, is activating more global capacity to meet transactional liability risks, as a growing consortia of industry partners joins its syndicated capital programme.
The company said it would underwrit...
DATE: Feb 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Moby-Ducks: yes, I’m talking about the ones your children and grandchildren (and maybe even you) played with in the bathtub.
In January 1992, a cargo ship, the Ever Laurel heading to the United States from China, lost a container with 28,000 rubber d...
DATE: Feb 19, 2022
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CATEGORY:
Personal Finance
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AUTHOR:
Martha Harris Myron
There’s an elephant in the room, or at least, in the economy: inflation. Inflation is blowing up in the headlines, causing many of us to feel a little deflated about their money. So, let’s talk about what inflation is and what you can do about it.
In...
DATE: Feb 19, 2022
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CATEGORY:
Personal Finance
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