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Andrew Marcell has been appointed chief executive officer of Aon’s Reinsurance Solutions. He will be responsible for managing the existing operations and growth strategy of Reinsurance Solutions business as it begins its brand transition from Aon Ben...

Brian O’ Hara, one of Bermuda’s best known former insurance industry leaders, has been appointed to the board of insurtech start-up Envelop Risk. The global specialty cyber insurance analytics and underwriting firm is believed to be the first insurte...

The first named storm of the season, Alberto, is estimated to have caused $50 million of insured losses. The subtropical storm is only the ninth named storm to make landfall in the US before the official start of the North Atlantic hurricane season, ...

Hamilton Insurance Group has appointed Brenton Slade to a new capital management unit. The unit, called Hamilton Capital Partners, is tasked with further developing Hamilton’s capital management capabilities. Mr Slade will take up his position as sen...

Insurance firms have raised nearly $100 million for a fund to upgrade the island’s infrastructure. The Bermuda Infrastructure Fund has now been officially launched in a bid to improve ports, docks, roads, bridges, industrial facilities and healthcare...

Bermudian Brian Hall, who is credited with taking the island’s captive insurance industry to global relevance, will receive the third Fred Reiss Lifetime Achievement Award at next month’s Bermuda Captive Conference. Mr Hall is a former director and p...

About $2.5 billion in insurance claims will emerge after a spell of severe weather in parts of the US, says catastrophe modelling firm Karen Clark & Co. The estimate relates to damage to residential and commercial properties and automobiles from a sp...

Upgrading technology is the number one concern for insurance and reinsurance executives, a survey found. AdvantageGo, a range of software products for the insurance industry from NIIT Technologies, surveyed 30 C-suite insurance and reinsurance profes...

A year-long series of events aimed at promoting the professional development of women in the insurance and reinsurance sectors will kick off later this month. When he was appointed to his role as chief executive officer of the Bermuda Insurance Indus...

Bermuda’s insurance-linked securities sector is continuing to boom after a year in which it was tested by significant hurricane losses. The Bermuda Stock Exchange ended April with total ILS market capitalisation of $28 billion, a record high for the ...

The annual BFIS Bermuda Summer Intern programme, now in its seventeenth year, commenced this week for six undergraduate students who will spend the next three weeks learning about how the Bermuda insurance industry works, the myriad careers and diffe...

The Relay for Life cancer charity event will this year honour one of its founders, former insurance executive Mike Barnfield. Mr Barnfield, a former chairman of Willis Bermuda, who teamed up with Ron Spencer to bring the 24-hour event to Bermuda in 2...