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The world was caught unprepared by the Covid-19 pandemic, however a Bermudian-based reinsurer secured some pandemic coverage protection only weeks before the coronavirus health emergency unfolded. Legal & General Reinsurance took steps that protected...

Bermudian-based PartnerRe Ltd has appointed Hermann Pohlchristoph to its board an independent director. The company said Mr Pohlchristoph has held multiple executive roles, most recently at Munich Re as a member of the board of management from 2017 u...

Strategic Risk Solutions, a provider of independent insurance management and consulting services, which has operations in Bermuda, is establishing an office in Guernsey. The announcement comes just two weeks after SRS opened an office in Zurich, Swi...

Chubb Tempest Re has named Sam Peters as division president of Chubb Tempest Re Bermuda. Currently, Mr Peters serves as chief actuary for both this business and for Chubb Bermuda, which provides excess casualty, professional liability and property pr...

Bermudian-based global insurance outfit Enstar Group Ltd has announced that one of its wholly-owned subsidiaries has completed a transaction with Continental Casualty Company to reinsure a legacy portfolio of excess workers’ compensation business. In...

Bermuda’s insurance industry is making steady progress in diversity, equity and inclusion, but consultant Rachel Field feels there is still more work to be done. “What we are really talking about is culture change, and culture change takes time,” Ms ...

Kuvare Life Re Ltd has been given an A- (excellent) financial strength rating by AM Best. The life and annuity reinsurer holds a Class E insurance licence from the Bermuda Monetary Authority. It is a subsidiary of Kuvare UK Holdings Limited, and focu...

Veteran insurance executive Mitch Blaser has launched a new Bermudian-headquartered company with the aim of building one of world’s top global specialty insurers. Mosaic, which will target complex risks and use cutting-edge technology to maximise eff...

Argo Group International Holdings Ltd expects to book about $38 million in natural catastrophe losses in its fourth-quarter earnings. The Bermudian-based insurer expects to take an additional $13 million hit from net losses in relation to the Covid-1...

Financial markets veteran Daniel Brookman has launched the Gildenbrook Group. The new entity includes a reinsurance platform in Bermuda, an alternative asset manager in the British Virgin Islands and a fintech development firm in Singapore. It utilis...

Professionals involved in risk management can now earn the world’s only accredited risk management certification through an online exam. Rims, the Risk Management Society, has earned approval to offer the Rims-CRMP certification exam online, meeting ...

Chubb Limited has reported fourth-quarter net income of $2.42 billion, more than doubling its income for the same period a year ago. The company said it had profit of $5.34 per share. Earnings, adjusted for non-recurring gains, came to $3.18 per shar...