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There’s more proof that investors are continuing to deploy capital into the insurance-linked securities (ILS) sector. A study released by Aon Benfield Securities, the investment banking division of global reinsurer Aon Benfield, shows the volume of c...

I've always believed that to whom much is given, much is required. So I was intrigued by a situation a reader raised in a recent online discussion. It made me think about how little we are trained in how to help individuals we believe are in need. T...

Montpelier Re Holdings said second quarter profit jumped to $65.5 million from $23.6 million in the same period last year as pricing improved. The Bermuda-headquartered reinsurer said gross premiums written increased by 17 percent in the quarter, to...

A new scholarship has been created to honour the memory of an insurance executive who died after being paralysed in a car accident. Zurich has funded the $15,000 one-year scholarship named after Shernelle Outerbridge, the former CEO of Zurich Invest...

Thirteen of Bermuda’s top students who are planning to attend university abroad and one day pursue careers in the insurance industry have been awarded scholarships by the Bermuda Foundation for Insurance Studies (BFIS). The scholarships range from $...

SAC Re plans to be a reinsurance company with a difference. The hedge fund-backed firm, which opened its doors for business earlier this month, will employ a non-traditional business model that, according to chief executive officer Simon Burton, will...

Mailboxes Unlimited argued yesterday that it qualifies for relief under the new legislation that raises duty to 25 percent for imported goods that are not for business use. Lawyer Alan Dunch argued in Supreme Court before Chief Justice Ian Kawaley y...

The catastrophe reinsurance market may be about to undergo a “significant strategic development,” according to a report issued this week by Willis. The latest insurance-linked securities (ILS) report put out by Willis Capital Markets & Advisory (WCMA...

Bermuda-based White Mountains Insurance Group is funding a new mutual municipal bond insurer to guarantee US state and municipal debt. Build America Mutual Assurance Co (BAM) will start with $600 million of initial capital and its business will be ba...