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Moody’s Investors Service says the fourth-quarter earnings of re/insurers will be hit by wildfires in California, but the losses are described as “manageable”. The Camp and Woolsey fires could rack up insured losses of up to $15 billion, Moody’s said...

The insurance industry is striving to keep up with the rapid rate of change that is transforming not only the industry itself, but also its customers’ way of life and businesses. David Hollander, EY’s global insurance leader, told The Royal Gazette t...

In the second and final part of his commentary on the future of insurance, Darren Wray, chief executive officer of consultancy Fifth Step Ltd, looks at how the industry landscape may change in the coming years. All of the discussion so far has been ...

Being the chief executive officer of an international consultancy company, I spend much of my time speaking with senior people who work with and in international insurance and reinsurance companies. Whenever the conversation turns to the future of in...

A member of the Britain’s House of Lords, who is focused on emerging technologies such as fintech, artificial intelligence and blockchain, will join David Burt on stage at a forum in London. Lord Chris Holmes has been supportive of Bermuda’s progress...

The 15th annual Bermuda Railway Trek will take place on Tuesday, and there is still time to sign up to join in. The walk is being presented by Willis Towers Watson and Paragon Brokers (Bermuda) Ltd. The event raises funds to support Bermudians who ar...

Attracting an overseas technology accelerator event to Bermuda is part of David Burt’s vision for the island as it builds its reputation in the fintech sector. The Premier mentioned the possibility as he welcomed delegates to the GR Innovation & Insu...

A special ceremony last night honoured insurance industry professionals who have earned their Chartered Property Casualty Underwriter CPCU designation. Patrice Hill, the chairwoman of new designees for the Institutes CPCU Society’s Bermuda chapter, c...

Hamilton Insurance Group CEO, Pina Albo, is to take part in a fireside chat to discuss the Bermuda insurance market next week. Tuesday’s event, organised by the Bermuda Insurance Institute, is the latest in its ongoing Women’s Series which aims to id...

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...