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Wildfires that have burnt through nearly five million acres in California and other western US states, causing deaths and destroying more than 9,600 structures, will cost insurers as much as $8 billion, according to Moody’s. In a report, Moody’s anal...

Arcadian Risk Capital Ltd has launched a new underwriting operation based in Bermuda. The start-up will initially underwrite excess casualty and professional lines insurance. Arcadian has received its licence from the Bermuda Monetary Authority and w...

Phinsys, which provides finance automation software provider for the insurance sector, has launched a new product called Inform, which it said is in response to growing insurer demand for enhanced finance and accounting data analytics. Phinsys has an...

Strategic Risk Solutions, the fourth largest captive management company in the world, has reached an agreement to acquire the operations of Bermudian-based Dyna Management Services Ltd. All staff of Dyna, an independently-owned insurance management ...

Have you ever felt overwhelmed? We all have at some point in our lives, especially when we’re faced with the unknown, something we can’t control, or a season of life when our to-do list seems never ending. Wait, isn’t that every season? Let’s be hone...

Here is a wonderful opportunity for Bermuda residents to enhance your financial literacy with the CFA Society Bermuda. For the second year, the CFA Society Bermuda in partnership with Bermuda College is to offer a four-session series on building fina...

Re/insurance plays a significant role in helping communities recover from natural disasters, a new study concludes. Axa XL, in collaboration with the Centre for Risk Studies at Cambridge Judge Business School, released the report, which also outlines...

The trend of increasing insurance prices is likely to continue, say industry experts. A panel at the Bermuda Captive Conference, which opened yesterday as a virtual event, unanimously agreed that the hard market would have staying power. Patrick Tann...

Horseshoe has won the “Reinsurance Facilitator of the Year” award at the 2020 Trading Risk Awards. The Trading Risk Awards are regarded as a prestigious honour in the insurance-linked securities market. This year’s award event was held online. The ju...

Disruption caused by the Covid-19 pandemic meant no work for three months for event planning and decor enterprise Just Dreams. But it also brought opportunities and has allowed business owner Cyniqua Anderson to forge ahead stronger and more adaptabl...

Aspen Insurance Holdings Ltd posted an after-tax net loss of $168.7 million for the first six months of the year, driven by $187.3 million of losses related to Covid-19. The Bermudian-based insurer, which is owned by American private-equity firm Apol...

The number of medical scans carried out every year by individual doctors does not have to be made public by health service regulators, the Information Commissioner has decided. Gitanjali Gutierrez said the Bermuda Health Council was right to refuse t...