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A number of Bermudian-linked companies are supporting a blockchain initiative for the insurance industry that is likely to be market-ready next year. The Blockchain Insurance Industry Initiative, or B3i, is using blockchain technologies to develop tr...

Bermuda’s insurance industry has registered a year-on-year increase in company registrations across multiple sectors, driving job growth on the island. Fifty-eight new insurers registered last year compared in 42 in 2016. The new registrants ranged f...

A one-time tax benefit of $139.4 million helped lift Triton International Ltd’s fourth-quarter profit to $207.2 million, or $2.57 per share. That compares with a profit of $57.2 million in the preceding quarter, and $22.8 million for the same quarter...

Bermudian-based insurer James River Group Holdings Ltd has altered its corporate structure in response to US tax reform. In its fourth-quarter earnings statement, James River said the reorganisation meant its internal quota share would now be ceded t...

Dear Dave, I received a call the other day from a company saying it could negotiate the balance on my credit cards to a lesser amount. The caller also said they could get me a zero-per cent interest rate until the debts were paid off, and then the ac...

Maths are everything. Maths are absolute. Maths are everywhere in our world in virtually every decision we make in our daily lives. Behind the scenes, maths calculations have become so mundane that we have become practically oblivious. And, maths ph...

Since it emerged out of the liability crisis of the mid-1980s, Bermuda has faced many challenges — perceived or real — to its hegemony as the world’s pre-eminent offshore re/insurance market. Naysayers have long pointed to internal factors such as po...

Cyber-risk management is the focus of a new conference that will be staged in Bermuda. Experts in the field of cybersecurity and risk management are lined up for the event, among them Adam Segal, director of cyberspace and digital policy programme at...

Access to the docks in Hamilton is to be restricted for part of this week to allow for urgent repairs. Stevedoring Services Limited put in a request last year for three days of construction for “critical resurfacing work” to alleviate dangerous condi...

Argo Group International Holdings’ board of directors has announced a 15 per cent stock dividend. The Bermudian insurer and reinsurer’s stock dividend is payable on March 21, 2018, to shareholders of record at the close of business on March 7, 2018. ...

Hamilton Underwriting Limited, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, is reorganising its underwriting team. The changes follow the resignation of Trevor Carvey, active underwriter and head of tr...

Ninety students are participating in the BFIS High School Speed Networking lunches this week to help them gain a clearer understanding of the wide variety of careers within the insurance sector from insurance professionals representing many different...