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Seven local students got a first hand look at the insurance industry thanks to a summer internship programme at Liberty Specialty Mutual. “The LSM Bermuda Summer Internship Experience is designed to develop the students’ interest in the insurance ind...

Third Point Reinsurance Ltd and Willis (Bermuda) Ltd have joined a list of businesses to show support for the Bermuda Pride parade on August 31. Windows at the offices of Willis Towers Watson’s Bermuda operation, which face out on to Pitts Bay Road a...

Everest Insurance has appointed Kyle Adams to lead its Bermuda operations. “In this role, Kyle will focus on establishing and growing Everest’s Bermuda insurance operations — a growing and innovative market for our clients and trading partners,” said...

Hamilton Insurance Group Ltd has moved into the billion-dollar league having completed the acquisition of two businesses from Liberty Mutual Group Inc. Hamilton has acquired the Pembroke Management Agency Ltd platform at Lloyd’s and Ironshore Europe ...

Bermudian-based Aspen Insurance Holdings Ltd has reported a net loss of $37.3 million for the six-month period ending June 30. That result compares with a net income of $16.1 million for the same period a year ago. Operating income after tax was $101...

Former Bermudian-based reinsurance company founder Tatsuhiko Hoshina has joined the advisory board of a Bermudian-linked insurtech company. The founder and former chief executive officer of Tokio Millennium Re has linked up with AkinovA. AkinovA is a...

The challenges and opportunities presented by Bermuda’s healthcare system will be among the topics explored by discussion panels at the annual conference presented by the Bermuda Insurance Institute. The conference on October 3 has chosen “transforma...

Dear Dave, Why do I need a will if I’m still young and haven’t acquired a lot of wealth? Laura Dear Laura, In a case like yours, you don’t need a complicated will. But you do need an inexpensive, basic will. The larger and more complicated your estat...

It was significant news. Bloomberg’s Katherine Greifeld, Ruth Carson, and John Ainger, on Thursday wrote that “the yield on the United States 30-year Treasury bonds dropped below 2 per cent for the first time; the world’s pile of negative-yielding de...

Ben Adolph has moved to the Bermuda office of Leadenhall Capital Partners LLP. Leadenhall is a London-headquartered insurance and reinsurance-linked investment manager. Mr Adolph’s transfer from the London office will give Leadenhall’s a senior prese...

Insured losses in China caused by Typhoon Lekima will be higher than $850 million (six billion yuan), according to estimates by risk-modelling solutions company AIR Worldwide. The typhoon had a peak sustained wind of 112 miles per hour, the equivalen...

Independent Lloyd’s of London broker Tysers has announced the launch of a Bermudian-based affiliate. Tysers (Bermuda) Ltd will be headed by Richard Tomkins, who has relocated from London to become managing director of Tysers Bermuda. He was managing...