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Through Britain’s forced economic separation from the Continent, Lloyd’s of London is far more focused on emerging as a more digitally conscious entity in preparation for its leadership role in the 21st century’s new insurance world order. Part of th...

The Bank of Butterfield on Monday closed up 65 cents (1.71 per cent) at $38.60 on the New York Stock Exchange. The Bermuda Stock Exchange was scheduled to be closed Monday and Tuesday this week, the Bermuda public holidays in lieu of the traditional ...

Merry Christmas, everyone. Christmas week and end of year is very hectic: finalising work deadlines, organising family, faith, community gatherings while anticipating a few days of leisure at home. Today’s column features some low-cost or free good m...

How would you characterise the health of the captive insurance market in Bermuda? If you ask a panel of captive insurance experts for their views on the industry in Bermuda, you are likely to get different responses. But when they come together, a cl...

Convex Insurance has responded to Wednesday’s demonstration by the UK activist group, Market Forces, which is protesting the refusal by Convex to rule out providing insurance cover to a $16-billion Australian coalmine by Convex. Market Forces staged ...

The RG/BSX Index finished unchanged at 2,595.09 on the Thursday before Christmas. There was no activity on the Bermuda Stock Exchange domestic board. On the New York Stock Exchange, the Bank of Butterfield was up 40 cents (1.07 per cent), closing at ...

An article in investment publication ThinkAdvisor raises the spectre of life insurance companies moving their domiciles en masse to Bermuda. ThinkAdvisor is the publication that features “all the investment news, in-depth analysis, market data an...

DARAG Group, the legacy specialist, has entered into a stock purchase agreement and received the relevant regulatory approval for the purchase of a Texas-based insurer in run-off, it announced today. DARAG said it would look to use this insurer as it...

A major US insurer has successfully closed a $160 million 144A catastrophe bond completed through a newly established, Bermudian-based special purpose insurer. Farmers Insurance Exchange said that it and its subsidiaries and affiliates comprising the...

Veteran underwriter Kate Vacher was looking for her next challenge earlier this year. She was on the original team for start-up Aspen Insurance in 2002, and was promoted to group director of underwriting there four years later. But after Apollo Mana...