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There was no shortage of views on the war during the Bermuda Risk Summit. Some delegates considered that a short period of hostilities would limit its effect on the insurance industry but the longer the war lasts, the more issues it will impact. Glob...

Outdated war exclusion policies in the insurance industry could result in billions in losses in the event of a major cyber attack. That was the opinion of industry experts in Bridging the Cyber Coverage Gap, a panel held during the third day of the B...

Banter & Steel, the men’s apparel and lifestyle store on Reid Street in Hamilton, is to transition to an online-only business next month. Until Saturday, in preparation for the closing of its bricks and mortar location at the end of the month, the sh...

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...