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A new conference in Bermuda focused on reinsurance innovation and insurtech will have Hamilton Insurance Group as its lead sponsor. The event will be focused on disruptive technology and its effect on the evolution of the insurance and reinsurance ma...

Maiden Holdings Ltd made a loss of $22.4 million, or $0.26 per common share, for the second quarter. That compared to a $30.9 million profit for the same period of 2016. Art Raschbaum, chief executive officer of the Bermudian-based company, said: “...

Argo Group International Holdings saw its net income improve to $46 million in the second quarter, compared with $30.9 million for the same period in 2016. The Bermudian-based company also saw 22 per cent increases in gross written premiums to $687.2...

A decade-old record for the value of catastrophe bonds issued in a single year has been broken. The first six months of this year saw a greater value of cat bond issuance than during the full-year record set in 2007. Major bond issuances, covering ea...

Susan Lane has joined Willis Towers Watson in Bermuda as director, consulting and development for North America and senior captive consultant, part of the company’s Global Captive practice. Ms Lane was previously with Tokio Solution Management where ...

Tough market conditions mean a wave of mergers and buy-ups in the reinsurance sector is set to continue, experts predict. But Standard & Poor’s Global said activity will be at a “measured pace” because of high valuations, and that mergers still carri...

XL Catlin has made four appointments to its North America Aviation Insurance team. Three of the appointments have been made in Canada, and one in the US. David Watts, has been named vice-president, Canadian Aviation Manager, Canada. He joined XL Catl...

Ratings agency AM Best is hold an insurance market briefing in Bermuda in October. Analysts from the company will deliver market insights, present and overview of the state of the industry and discuss ratings trends. AM Best experts will also present...

A senior reinsurance underwriter who is passionate about helping others to thrive in the workplace has written a book to motivate and encourage others. Lorene Phillips has been working in the insurance and reinsurance sector for more than 25 years. H...

American International Group has reported a $1.1 billion profit for the second quarter. Now headed by Bermudian Brian Duperreault, the company’s net income for the quarter was $1.19 per share, and was down from the $1.9 billion, or $1.68 per share, i...

Interns at the Bermuda Foundation for Insurance Studies have given presentations on what they learnt during immersion in the insurance markets of Atlanta, Bermuda, Chicago and London this summer. The presentations were given to 50 insurance professi...

Bermuda’s economy benefits to the tune of $79 million in a single year from direct expenditure by members of the Bermuda International Long Term Insurers and Reinsurers organisation. That is one of the findings of a survey done by the group to assess...