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Bermuda’s important role in the captive insurance sector has been highlighted by the number of island-based executives included in this year’s Power 50 list. Top of the pile is Peter Mullen, chief executive officer of Aon’s Global Captive and Insuran...

Bermuda reinsurer Everest Re Group has formed a strategic partnership with a firm pioneering a hi-tech system aimed at reducing workplace injuries. The partnership with industry veterans Glen Welch and Todd Welch will be known as Salus Systems, LLC a...

Bermuda’s important role in the captive insurance sector has been highlighted by the number of island-based executives included in this year’s Power 50 list. Top of the pile is Peter Mullen, chief executive officer of Aon’s Global Captive and Insuran...

Eduardo Fox will speak at the World Captive Forum in Florida, which starts on Sunday. The Appleby Bermuda LatAm manager is joining more than 50 executive representatives and industry experts who will speak at the forum, which is one of the longest ru...

The three-strong team of healthcare reinsurance transferring from Hiscox Re to Ascot in Bermuda are looking to “develop innovative and high-quality products for clients and brokers”. As reported by The Royal Gazette earlier today, the team is transfe...

A healthcare reinsurance team is transferring from Hiscox Re to Ascot in Bermuda. However, the Hiscox group will continue to do healthcare insurance business in Britain and the US. In a statement, Hiscox said: “We have been in discussions with the he...

The attractiveness of Bermuda as an reinsurance centre could take a hit from the “America first” policies of new US President Donald Trump and the Republican-controlled Congress. That is the view of Fitch ratings analyst Brian Schneider, who neverthe...

Financial results for the first nine months of 2016 show the property and casualty insurance industry was less successful when compared to the same period in 2015. That is the finding of commentator Steven Weisbart, using data released by ISO, a Ver...

R&Q Re (Bermuda) Ltd has issued $20 million of floating rate subordinated notes, which are due in December 2023. In a statement, the company said the notes are Tier 2 eligible capital and will increase R&Q Re Bermuda’s statutory capital and surplus t...

OneBeacon Insurance Group is said to be exploring a sale, and there is speculation it could prove attractive to a US buyer if that country’s tax rates are lowered in the near future. Alternatively, it could be an target for a Bermudian-based insurer ...

XL Catlin has appointed Henna Karna as chief data officer. She has previously advised Fortune 500 companies on digital innovation and disruption. Dr Karna has more than 20 years of experience in leading data-driven, digital innovation and positive di...

Fidelis Insurance co-founder Neil McConachie is to step down from his role as group chief financial officer next year. But Mr McConachie, who is leaving for personal reasons, will stay on the board of Fidelis Insurance Holdings Ltd, the holding compa...