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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 ...

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...