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Tony Cicio has been appointed chief human resources officer by Bermudian-based Argo Group International Holdings, Ltd. He will report to Mark Watson, chief executive officer of Argo Group, who said: “Our longstanding commitment to invest in our peop...

Reinsurers’ profitability has been in decline over the past five years and the industry’s total capital fell in 2018, according to a report by Willis Re. However, alternative reinsurance capital — including insurance-linked securities such as catastr...

The Association of Bermuda Insurers and Reinsurers welcomed industry supervisors from multiple international jurisdictions to Bermuda last week. Insurance regulators from the US, Europe, the UK, Japan, South Africa, Canada, Singapore, among other ju...

Volatile weather events that brought extreme flooding to North America, Southern Africa and Asia caused economic losses estimated at up to $8 billion in March — including up to $1 billion of insured losses in the US. In light of the sizeable impact o...

The Bermuda Insurance Institute is offering seminars to help young professionals understand the basics of insurance, as well as the different parts that make up the industry in Bermuda. The BII said the courses are aimed at junior level employees of ...

Richard Daley is to become a managing director of Strategic Risk Solutions (Bermuda) Ltd. Mr Daley, who leaves his position as president of JLT Insurance Management (Bermuda) Ltd for his new role, will take up the post on August 1, the company said i...

Everest Insurance Claims Medical Management group has added two new medical management solutions for select Everest workers’ compensation policyholders, according to Bermudian-based insurer and reinsurer Everest Re Group Ltd. The company said Everest...

Independent directors who sit on the board of Bermudian-based Argo Group International Holdings Ltd have written to the company’s shareholders asking for their support in an ongoing proxy battle with activist shareholders Voce Capital Management. The...

Bermuda’s blacklisting by the European Union will not have an impact on the re/insurance industry — provided the island comes off the list next month, as the Bermuda Government expects. That is the view of analysts from credit ratings agency Fitch Ra...

Bermudian-based Everest Re Group Ltd has announced the launch of Everest Alpine Insurance, which the company describes as a “new, enhanced version” of its multinational coverage form. The company says Everest Alpine can provide clients with internat...

Private-equity company Apollo Global Management is raising billions of dollars for new funds, including one linked with Bermudian life reinsurer Athene Holding, according to a Bloomberg report. Apollo, which has around $280 billion of assets under ma...

Hamilton Re, the re/insurance platform of Bermudian-based holding company Hamilton Insurance Group, has announced that it has secured $65 million of collateralised capacity through the issuance of the Series 2019-1 preference shares from its special ...