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Some 75 students from the island’s public and private high schools gained a better understanding about the variety of careers available in the insurance industry at the sixth Bermuda Foundation for Insurance Studies speed networking event. Held over ...

The Bermuda reinsurance market is about to take more flood risk off the shoulders of US taxpayers. The US Federal Emergency Management Agency is looking to transfer $300 million of risk from the National Flood Insurance Programme through its second B...

Lloyd’s of London and the Bermuda insurance market have many common interests and should focus more on growing the size of the insurance market for mutual benefit than on competing against each other. That is the view of Bruce Carnegie-Brown, the cha...

A number of senior figures from Lloyd’s of London will take part in a market briefing event in Bermuda today. The Association of Bermuda Insurers and Reinsurers has teamed up with Lloyd’s to host a “Lloyd’s Market Briefing”. The event will feature in...

Maiden Holdings has reported a net loss of $269.2 million, or $3.25 per common share, for the fourth quarter. That marks the sixth loss in the past seven quarters for the Bermudian-based company. The amount is more than double the $133.6 million loss...

After five years of steady growth, Hamilton Insurance Group Ltd is poised to establish a significantly larger presence on the international insurance and reinsurance stage. The Bermudian-based holding company has announced the signing of a definitive...

Bermudian-based Sompo International Holdings Ltd’s US platform has introduced a management assurance policy, which expanded its primary professional lines insurance offering for private companies. Through the policy, Sompo International offers new pr...

Bermudian-based holding company Hamilton Insurance Group Ltd has announced the signing of a definitive agreement with Liberty Mutual Group to acquire the Pembroke Managing Agency Limited platform at Lloyd’s and Ironshore Europe DAC. On closing, the t...

Colonial Group International Ltd has broken ground on a new office building in Freeport, Grand Bahama. The 12,000 sq ft complex on The Mall, Freeport’s main commercial artery, represents an investment of approximately $4 million by the Bermuda-based ...

Chubb Ltd has received approval from the China Banking and Insurance Regulatory Commission to increase the company’s ownership in Huatai Insurance Group Company Ltd to 26.2 per cent. That is up from its current 20 per cent and, as a result of the inc...

LONDON (Bloomberg) — It’s not often that you hear about a $24 billion deal brewing in the financial-services industry. It’s even rarer that it goes from confirmation to break-up in less than a day. On Tuesday afternoon, Aon confirmed a Bloomberg News...

A trailblazing use of blockchain in the insurance and reinsurance sector will be unveiled in Bermuda today. There will be a demonstration of the Bermuda Insurance Exchange, which is described as the industry’s first distributed ledger technology risk...