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New facility is offering up to $20 million capacity per risk in a new modular form for North America and Bermuda

In the United States, 11,000 people turn 65 every single day, which poses challenges and opportunities

Phinsys said it will implement its full suite of finance automation software to support Mereo’s finance operations

BMA assesses the resilience of Bermuda’s insurance market through regular exercises

The new department heads strengthen the partnership’s treaty team and work closely with the c-suite

Commercial insurers and reinsurers incurred $1.1 trillion in claims to global policyholders from 2016 to 2024

Bermudian-based reinsurers have already faced heightened combined ratios in part because of the events

Changes are said to be driven by ambitions to grow the reinsurance market as well as capital base building

A required majority of shareholders voted August 27 to approve the $3.5 billion deal

More than 70 long-term insurance companies are now based on the island, managing over $1 trillion in reserves