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A major conference for the captive insurance industry has been hailed a success. The three-day Bermuda Captive Conference, which attracted a record-breaking number of more than 800 delegates, ended yesterday. Conference chairman David Gibbons said: “...

Expect the British pound to plunge against the US dollar if Britain votes to leave the European Union next week, an investment expert said yesterday. Henk Potts, director of global investment strategy for Barclays Wealth, also warned that the impact ...

The spiralling cost of Bermuda’s healthcare could be cut using lessons learnt in America, an expert said yesterday. Joe Flower, an international authority on healthcare, said that the US, like Bermuda, was being forced to tackle the huge cost of heal...

The wave of mergers and acquisitions in the insurance and reinsurance sector will continue and there will be casualties. That was a blunt assessment that emerged during an insurance and reinsurance review at the Bermuda Captive Conference. One of las...

The head of Bermudian-based insurer and reinsurer Argo Group has won a business award in the US. Mark Watson was picked as winner in the EY Entrepreneur of the Year award for the Central Texas region in the transformational CEO category. Mr Watson, w...

Bermuda could be in line for a new name in banking, it was revealed yesterday. The news came after a round-table discussion on the state of the Bermuda captive market at the record-breaking Bermuda Captive Conference. Ross Webber, CEO of the Bermuda ...

Next week’s Bermuda Captive Conference is shaping up to be the best attended in the event’s 12-year history. There are more than 750 attendees confirmed, and that number could reach 800 by the time the three-day conference begins on Monday at the Fai...

Oil Casualty Insurance has linked up with insurer Iron-Starr to underwrite risks. The deal means that Iron-Starr, part of Ironshore, will underwrite transactional liability, directors and officers liability and cyber liability for Ocil with maximum l...

The acquisition of Bermudian-based Ironshore by Chinese conglomerate Fosun International is to be scrutinised in the US on national security grounds. The Shanghai-based company, headed by billionaire Guo Guangchang, is to appear before the US Federal...

Six students — four from Bermuda and two from Chicago — have been given a glimpse of the island’s insurance industry during a three-week internship. The Intro-to-Insurance summer programme, run by the Bermuda Foundation for Insurance Studies, allowed...

Sun Life Financial International has moved office. The company has transferred its operations from Victoria Street in Hamilton to the nearby Washington House. Niall O’Hare, Sun Life Financial International vice-president and chief financial officer, ...

Jill Husbands, the winner of the inaugural Fred Reiss Lifetime Achievement Award, said she feels honoured to have been chosen. And she hopes that young people seeking an insurance-sector career will look beyond the big name insurers and reinsurers an...