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The Bermuda Monetary Authority was praised as a world-class financial authority by MPs in the House of Assembly on Friday. The plaudits came after legislators passed a Bill to create a new class of innovative insurer through the Insurance Amendment A...

The Association of Bermuda Insurers and Reinsurers CEO, John Huff, is in Tampa, Florida this week for the National Association of Insurance Commissioners Fall National Meeting. Mr Huff is a past president of the NAIC, the US standard-setting body for...

Two bond insurance subsidiaries of Assured Guaranty Ltd have resolved their exposure to bonds, as the Puerto Rico Highways and Transportation Authority exited from bankruptcy last week. On December 6, the Modified Fifth Amended Title III Plan of Adju...

The Argus Group has announced continued support of the Open Airways Spacer Programme with a donation of $8,360. This is the fourth year Argus has supported the charity’s pledge to distribute at least 1,000 spacers, which cost between $12.50 and $21.5...

Bermudian-based Axis Capital Holdings Limited has appointed Andy Maher as head of cyber and technology, London. In his new role, Mr Maher leads the London-based team of underwriters and will focus on developing the team and enhancing the range of pro...

The board of directors of Bermudian-based Axis Capital Holdings Limited has authorised the repurchase of up to $100 million of the company’s common shares. The company said the repurchases may be effected from time to time in the open market or priva...

The Anglican Cathedral in Hamilton has seen a “steep rise” in demand for their “no questions asked” lunchtime meal programme, driven by the Covid-19 pandemic and the escalating cost of living in Bermuda. And the church has said the programme can on...

The collapse of FTX, the Bahamas-headquartered crypto currency exchange, highlights the importance of effective corporate governance, including in the insurance industry, a leading credit ratings agency has said in a commentary. In Corporate Governan...

Mosaic Insurance, the Bermudian-based global specialty insurer, has launched a pioneering platform powered by California-based Safe Security to help underwriters to evaluate cyber risk for brokers and insureds. Mosaic leverages Safe Security’s award-...

SiriusPoint Ltd, the global specialty re/insurer based in Bermuda, has appointed Rob Gibbs as president of its international business and to CEO of SiriusPoint International Insurance Corporation. Based in London, he will be responsible for driving g...