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Michael Burns has been selected as the winner of the second Fred Reiss Lifetime Achievement Award. A leading Bermudian corporate lawyer, Mr Burns, is a former senior partner, executive board member and global group general counsel of Appleby, He now...

Law student Precious Smith has been awarded a $10,000 scholarship from the Bermuda Foundation for Insurance Studies. The funds were raised by alumni of the BFIS during the annual alumni denim day. And many of the companies and organisations who emplo...

Bermuda’s Fidelis Insurance and its UK underwriting arm have had their ratings affirmed by AM Best. The agency retained the A- excellent financial strength rating on both companies, as well as the bbb- on the long-term issuer credit rating of holding...

The Association of Bermuda Insurers and Reinsurers has said it looks forward to a dialogue with the new Government on a number of issues, including financial stability, education, employment, immigration and tax. In a statement, Bradley Kading, the p...

An aptitude for maths and statistics proved to be the launching pad for Marcus Henschke to pursue a career in the world of risk management and insurance. He is now halfway through a Risk Management and Insurance bachelor’s degree course at St John’s ...

Insurance sector leaders who act decisively to embrace disruption from technological advances such as insurtech and artificial intelligence, will emerge as survivors and winners. While those who hesitate face being left behind and seeing their market...

Artificial intelligence, insurtech and crewless ships are technological advancements that pose opportunities and risks for businesses, including insurers and reinsurers. Concepts that were once the realm of science fiction are now a reality, and they...

Public and private insurers are expected to pay out more than $2 billion in policy claims in relation to flooding and storms in the US during June caused an estimated $3 billion of damage and losses. Hail, tornadoes, storm winds and flash floods cont...

Chubb has named Bill Stewart as the man to lead its stand-alone global cyber-risk practice. He will lead the development and implementation of Chubb’s strategy to deliver the next generation full suite of property and casualty cyber insurance offerin...

A Bermudian-based reinsurance specialist has been chosen as this year’s global international ambassador of the Chartered Property Casualty Underwriter Society. It is the first time the island has been selected to perform the year-long role, and Racha...

Hopes that the soft reinsurance market would come to an end during June and July renewals are proving to be premature, according to analysts at Keefe, Bruyette & Woods. KBW remains cautious on the Bermuda market, seeing a declining property-catastrop...

Hamilton Re has taken on two summer interns as part of its commitment to engaging Bermudians in the insurance and reinsurance industry. Rachel Soares and Tomisha Goater joined the company for a 10-week programme during which they will rotate through ...