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Bermuda has the potential to be a leading light in the development and implementation of blockchain technology. A high-profile company researching and developing blockchain, R3, visited Bermuda and gave a demonstration of the potential benefits distr...

Blue Capital Global Reinsurance Fund Limited recorded a $6.8 million loss in October, primarily related to Hurricane Matthew. Ordinary shares of the company had an unaudited net asset value of $1.1216 at the end of October, which was 0.2 per cent dow...

Insurers have welcomed legislation aimed at tightening oversight of healthcare services and high-tech equipment. The Bermuda Health Council Amendment Act 2016 has been criticised by physicians as onerous — but the measures yesterday won the endorseme...

Kristen Beasley has joined Willis (Bermuda) Ltd as senior vice-president of healthcare. She was previously at Allied World Assurance Company, where she was chief operating officer and senior vice-president, medical practice lead, for North America. I...

A Silicon Valley technology sector veteran, who now heads Canada’s largest software company, has joined the board of Hamilton Insurance Group. Mark Barrenechea is chief executive officer of OpenText, and is the author of eBusiness or out of Business,...

Delinquent employers face prosecution over nearly $90 million in unpaid social insurance and payroll tax. The announcement was made today in a joint statement by tax commissioner Lucia Peniston, Department of Social Insurance director Karen Daniels a...

Optimism is emerging in the reinsurance industry as pricing declines slow and CEOs see opportunities for growth. That is PwC’s take from the Bermuda Reinsurance conference, sponsored by the professional-services firm in conjunction with S&P Global Ra...

John Whiley has been appointed chief compliance officer of Markel Catco Investment Management Ltd. In a statement, the company said Mr Whiley, who was previously involved in supporting, as a service provider, the launch of more than 40 per cent of Be...

When the Bermuda Development Agency leads a group to Toronto on November 22, it will be the third roadshow the agency has held in the region this year. And it will be a further testament to the collaborative approach that has served the BDA well as ...

Wearable gadgets alerting workers they are in danger of causing themselves long-term physical harm, and driverless cars erasing the need for $20 billion of insurance, are among likely impacts on the insurance sector from advancing technology. A glimp...

Britain’s impending departure from the European Union will be good for Bermuda’s reinsurance industry, according to the man at the helm of one of the sector’s leading companies. Kevin O’Donnell, chief executive officer of RenaissanceRe Holdings Ltd, ...

The reinsurance industry needs to play more than just lip service to diversity, a panel warned an industry conference yesterday. And speakers said that the business needed to mobilise and motivate underrepresented groups to ensure it stays relevant a...