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Willis Towers Watson employees in Bermuda took part in Spirit Day, pledging to “go purple” was a way for staff to visibly show solidarity with the LGBTQ youth and to take part in the largest, most visible anti-bullying campaign in the world. Picture...

Bermudian-based Sompo International Holdings and Sompo Japan Nipponkoa Insurance Inc have launched strategic partnerships in Africa. Sompo International will form alliances with both Sanlam Limited and Saham Finances through a partnership agreement e...

Insuring against cyber-risk represents a major opportunity for the insurance-linked securities sector, but first there are hurdles to clear. And one of the things that needs to be overcome is the market’s “addiction” to property/catastrophe insurance...

Steve Arora has been named chief executive officer of AXIS Re. He has joined the company from Swiss Re, where he worked for 18 years in a variety of senior positions, most recently as head of casualty reinsurance and as a member of the reinsurance e...

Willis Bermuda and its parent company Wills Towers Watson, recognise that being sensitive to diverse cultural barriers while celebrating differences is an important part of the workplace environment. Paul Scope, chairman of Willis Bermuda, said: “As ...

With predictions of $100 billion in insured losses, and reports of up to $12.5 billion of ILS capital trapped or lost, the third quarter is shaping up to be one of the most significant in recent years for the insurance industry. That is the view of t...

Bermuda can further improve its world leading position in the insurance linked securities sector, according to David Burt, the Premier. And his view was supported by Ross Webber, chief executive officer of the Bermuda Business Development Agency, who...

Hamilton Insurance Group has named Pina Albo as its new chief executive officer. She will join the company, subject to immigration approval, on February 1. Ms Albo was most recently a member of the board of executive management at Munich Re, where sh...

In a statement this evening, ILS Bermuda has reported on the successful conclusion of the fifth edition of the annual ILS Bermuda Convergence event. The press release read: A record number of over 350 attendees from 12 different countries arrived at ...

Despite uncertainty created for Bermuda’s insurance and reinsurance market by Brexit and the election of Donald Trump as US president, there are still opportunities on the island for the life insurance market. That view will be expressed by Chantal C...

Powerful winds and rain from Storm Ophelia have caused damage in Ireland that has been estimated at up to $1.8 billion. However, another estimate suggests the range of losses is likely to be lower at between $580 million and $940 million. The Enki Re...

Yulanda Francis has been promoted to the position of president of Horseshoe Re. She will retain her current responsibilities for client serving within Horseshoe Re, with the treasury and underwriting teams reporting to her. Ms Francis will report dir...