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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 ...

Global insurer Neon has hired a new staff member, boosting numbers to seven since the office opened just over a year ago. Chris Conway has joined the firm in the property reinsurance team, which creates business for Neon’s Bermuda office through US b...

Bermudian Michael Lima has been named as general manager for international operations at American Fidelity International (Bermuda). He has more than 30 years involvement in the insurance industry, with particular expertise in international life insur...

Brexit, Solvency II and Bermuda will be discussed during a Bermuda Executive Forum event in London in November. The event is hosted by the Bermuda Business Development Agency, and is aimed at those interested in learning about Bermuda’s sophisticated...

Colonial Pension Services is to hold a free seminar aimed at the so called ‘sandwich generation’ to help them plan for retirement. The seminar called ‘How to Save for Retirement When Other Goals Compete’ will be held on July 12 at the Speciality Cine...

Twelve students from Bermuda are gaining overseas experience with insurers and reinsurers and industry-related companies in the US and UK. They are part of an intern group programme with the Bermuda Foundation for Insurance Studies, which sends stude...

A new record of $24.5 billion in insurance-linked securities and other vehicles were listed on the Bermuda Stock Exchange by the middle of the year. The 16 per cent increase on the $21.22 billion listed at the end of 2016 was hit at the end of June —...

Randall & Quilter has completed the acquisition of AstraZeneca Insurance Company Ltd, the captive insurer of biopharmaceutical company AstraZeneca UK Ltd. The insurance company was formed in 1993 and stopped active underwriting in 2004. R&Q, a Bermud...

Insurtech in the US will be the topic of a panel discussion next week at the Hamilton Princess. The event is being hosted by the Bermuda Foundation for Insurance Studies and Drinker Biddle’s Insurance Regulatory and Transactional Team. It will look a...

Fidelis Insurance has appointed Ian Turner as its new group chief actuary. Previously, he was head of capital modelling at Bermudian-based Fidelis. Before joining the company last year he was head of capital model applications at XL Catlin. He spent...