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Bermuda could spark a “reinsurtech” revolution, which combines insurtech with the island’s reinsurance expertise, according to panellists at an industry round table of experts hosted by AdvantageGo. The panel also noted he business environment on the...

US tax reform does not mean the end for Bermuda as a reinsurance domicile — but the new tax rules have sparked changes in the way that some risks are being managed. That was one of the takeouts from the AM Best webinar on “The State of Global Reinsur...

Bermudian reinsurer RenaissanceRe has been working with insurtech firm Piprate and broker Tiger Risk Partners on a data-sharing platform based on blockchain technology. Irish company Piprate said today that it successfully completed its first commerc...

Bermudian-based insurtech start-up Envelop Risk has struck an underwriting partnership with global re/insurer MS Amlin. Envelop, a specialty cyber re/insurance analytics and underwriting firm, made the announcement at the Rendezvous reinsurance event...

As insurance-linked securities head for a record year of issuance, Brian Duperreault has spoken of the huge potential ILS presents for American International Group. He said it is a way to reduce volatility for the company, and is something that will ...

Bermuda’s reinsurance market is facing multiple challenges, but it attractiveness to companies remains strong, says ratings agency AM Best. In a report on the global reinsurance sector, Best said challenges faced by the island’s flagship industry inc...

Member companies of the Association of Bermuda Insurers and Reinsurers employ nearly 16,000 people in Europe and operate in 20 EU member states. The information is highlighted in a release from Abir, based on its annual economic impact survey. The su...

Apollo’s proposed takeover of Aspen Insurance Holdings could be derailed in the event of major catastrophe losses in the coming months. The Bermudian insurer and reinsurer agreed a $2.6 billion deal to be acquired by funds owned by US private-equity...

Maiden Holdings Ltd has sold the renewal rights for its US treaty reinsurance business to American reinsurer Transatlantic Re. The Bermudian reinsurer said it was also in advanced talks to sell its US subsidiary Maiden Reinsurance North America. Maid...

Hamilton Re’s 2018 two summer interns have completed a ten-week programme with the Bermudian-based reinsurer. Tomisha Goater and Amon Wedderburn gained insight into Hamilton Re’s diversified book of business and accelerated IT vision. This is the thi...

Bermuda-headquartered Sun Life Financial International has launched a new universal life insurance product for high-net-worth clients. Sun Global Optima is described as a flexible premium indexed universal life insurance product, which differs from t...

Two summer interns at Willis Towers Watson (Bermuda) have spoken about how the opportunities have increased their knowledge of the insurance industry. Courtney Brown and Kyra Dunstan are studying at universities in Canada. They underwent interviews b...