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Two new members have joined the board of Bermudian-based Argo Group International Holdings. Dee Lehane and Al-Noor Ramji both have a background in insurance. Ms Lehane was previously managing partner Global Insurance Industry for Accenture, where she...

Chief risk officers have become firmly established within Bermuda’s re/insurance companies, a survey reveals. EY’s first survey of the island’s insurance CROs found that 100 per cent of respondents had unfettered access to the Board, Risk and Audit C...

John Berger is stepping down as chief executive officer of Bermudian reinsurer Third Point Re at the end of this month, the company announced. He will remain with the company as chairman of the board and the Underwriting Committee. He will be replace...

Bermuda’s Ironshore has boosted its insurance capacity for terrorism and sabotage coverage to $400 million. The increase is $25 million up on the previous $375 million available to clients. Quentin Prebble, director of Pembroke Managing Agency Limite...

Women in Reinsurance is hosting a salary negotiation seminar next week to help industry professionals learn strategies and techniques to assist them in negotiating their compensation packages. The lunchtime presentation will be led by Sylvia Jones, d...

Bermuda leads the way as the world’s top jurisdiction for captives, with more than 780 on the island. But it is not resting on its laurels. It did that before, but learnt a lesson. Today, vigilance and awareness are uppermost in the mind of Grainne R...

Insurance chiefs are more worried by threats from too much regulation and technological change than any other business sector. And they also fear the effects of changing customer behaviour and competition from new entrants to the market than other ar...

James River Group Holdings Ltd’s profits surged in the fourth quarter, propelled by a 60 per cent growth in gross premiums written. The Bermudian re/insurer recorded net income of $25.7 million for the three months ended December 31 and a record $74....

This is the first part of a two-part article on the impact of the fourth industrial revolution on reinsurance. The previous industrial revolutions have had a profound impact on the world as we know it, introducing mechanisation and mechanised product...

Jonathan Kent, Business Editor Maiden Holdings Ltd shares plunged by nearly 10 per cent yesterday after the reinsurer said it was taking a $120 million charge to boost reserves in its commercial auto division. The Bermudian company, which has offices...

Qatar Re’s chief underwriting officer Alastair Speare-Cole, an early supporter of the reinsurer who later became one of its key executives, has resigned. He is to be replaced by his deputies Luke Roden and Michael van der Straaten. Gunther Saacke, ch...

Hamilton Re, the Bermuda-based operations of Hamilton Insurance Group, today announced the launch of a contest for Bermuda high school students in support of Insurance Careers Month, the global initiative aimed at attracting young people to the insur...