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David Roache has joined Hamilton Re in the newly-created position of senior vice-president, head of risk XS. Mr Roache was previously with Hiscox Re. Kathleen Reardon, chief executive officer of Hamilton Re, said: “We’re delighted to welcome David to...

Re/insurers are digging in for price increases across many lines of business at January renewals after several years of dwindling returns. Scott Carmilani, chief executive officer of insurer and reinsurer Allied World, said at a conference in Hamilto...

Deal activity is expected to remain a factor in the insurance and reinsurance industry as chief executive officers look to gain scale and diversification to stay relevant in the market, the PwC Insurance Summit heard. Insurance deals involving the US...

Bermuda’s role in accelerating insurtech innovation was in the spotlight at the PwC Insurance Summit. The island’s advances in blockchain, eID and supporting insurtech start-ups were highlighted at the annual conference, presented with the Financial ...

From asbestos to algorithms, ethical handling of data and loss of sleep — the 2018 Swiss Re SONAR, new emerging risk insights report aims to identify the risks that may have a major impact on the insurance industry in the future. Annette Kurtzweil, ...

Hamilton Insurance Group has partnered with Code441 to expand the opportunities for young people to learn about coding and computer programming. Code441 is a non-profit group that organises an annual hackathon for Bermuda’s students, and works to “em...

The $100 billion insurance linked securities market has proven to be both relevant and reliable after the spate of heavy catastrophe losses around the world in 2017 and 2018. That is the view of David Gibbons, PwC ILS leader, who was part of a panel ...

Get your walking shoes ready for the 15th annual Bermuda Railway Trek, which is being presented by Willis Towers Watson and Paragon Brokers (Bermuda) Ltd. The event raises funds to support Bermudians who are pursuing a risk management or actuarial sc...

Reinsurers will have to “push back” on pricing if returns continue to dwindle towards unsustainable levels. That is the view of Taoufik Gharib, senior director, North America insurance ratings for Standard & Poor’s Global Ratings, who will be speakin...

The Bermuda market’s relevance to the global reinsurance industry remains undiminished, even as the number of companies on the island has shrunk through consolidation. That is the view of Arthur Wightman, PwC Bermuda leader and regional insurance lea...

Bermuda will have a new publicly traded insurer and reinsurer, as of today. Sirius International Insurance Group, Ltd will trade on New York’s Nasdaq Stock Exchange under the ticker symbol “SG”. The development has come about through Sirius’s previou...

Argo Group International Holdings achieved operating income of $23.5 million, or 68 cents per share, in the third quarter, beating analysts’ estimate of 56 cents. The operating income was 141 per cent higher than the same period last year. Profit for...