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A division of global reinsurer Swiss Re, has projected a jump in the world’s property & casualty insurance premiums over the next two decades. In a report entitled “More risk: the changing nature of p&c insurance opportunities to 2040”, Swiss Re Inst...

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Fergus Reinsurance Limited (Hamilton, Bermuda). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best...

Trader 1: What's the call on the Libor? Trader 2: Where would you like it, Libor that is? Trader 3: Mixed feelings, but mostly I'd like it all lower so the world starts to make a little sense. Trader 4: The whole HF [hedge fund] worl...

Dear Dave, What are your views on teaching children good work habits? Many of our friends don’t require their kids to help out or work around the house, but we both strongly feel that instilling a strong work ethic early in life is one of the best th...

Stark quarterly Gross Domestic Product figures show the economy has substantially contracted for the first quarter of the year – the fifth quarterly reduction in a row. Minister for the Cabinet Office Wayne Furbert revealed yesterday GDP fell by 4.3 ...

The RoyalGazette/Bermuda Stock Exchange Index closed unchanged for the day at 2.567.50 in the absence of trading on the Bermuda Stock Exchange. For the week, the RG/BSX Index was down 29.20 (1.13 per cent). The BSX Insurance Index remains unquoted. T...

Bermuda-headquartered specialty re/insurer Hamilton Insurance Group Ltd has appointed Kylie Tomas as senior vice president, claims counsel and head of claims at Hamilton Re Ltd. In this role, the company said Ms Tomas will manage the insurance and re...

QBE Re has announced a major expansion of its Bermuda office with the appointment of insurance industry veteran Tracey Gibbons as head of QBE Re, Bermuda. The company said it has expanded the Bermuda office to focus on regional specialty opportunitie...

The party scene in Bermuda is hopping, despite the global pandemic, and Akil Darrell of balloon decorating business Hot-Air Designs, is taking full advantage. “Everyone has been having parties,” Mr Darrell said. “And the parties are so extravagant. ...

Legal & General Reinsurance has provided internship opportunities for two Bermudian students this summer and sponsored an education award for a third. Tyler Kelly, Victoria Lindsay and Nisha Smith were selected to benefit from L&G Re’s partnerships w...