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Caribbean-based multinational financial services firm Sagicor is next week set to back a move to Bermuda. Shareholders of the Barbadian company will vote next Wednesday on redomiciling after the firm was hit by the downgrading of Barbados’s sovereign...

A global total of $72 billion in gross written premiums was written last year by members of the Association of Bermuda Insurers and Reinsurers. The survey for 2015 included 19 of the 22 Abir members and also recorded net income of $8.7 billion. The 1...

The Premier will today ring the closing bell at the New York Stock Exchange. Michael Dunkley has been invited to perform the traditional afternoon ceremony at the world-famous exchange after he takes part in a major conference on disaster recovery in...

Jill Husbands has been selected as the winner of the inaugural Fred Reiss Lifetime Achievement Award. She will be presented with the award at the Bermuda Captive Conference, which runs from June 13 to June 15 at the Fairmont Southampton. Ms Husbands ...

ZURICH (Bloomberg) — Martin Senn, the Zurich Insurance Group AG chief executive officer who stepped down in a December reshuffle, has died, the company said in a statement yesterday. He was 59. The family informed Zurich Insurance that Senn had taken...

ZURICH (Bloomberg) — Credit Suisse Group AG sold 220 million Swiss francs ($222 million) of innovative insurance-linked securities through a Bermudian special purpose insurer listed on the Bermuda Stock Exchange. The bonds, sold under the name of Op...

A summer intern programme aimed at giving students a taste of work in the insurance industry has kicked off. A total of six students, four Bermudian and two from overseas, yesterday started the three-week programme, run by the Bermuda Foundation for ...

CedarBridge Academy students were given a helping hand by some of the island’s international business experts as they prepared for all-important exams. Professionals from Bermuda’s international business community offered their support to pupils who ...

Growth in Bermuda’s insurance and reinsurance sector masks underlying problems, a report by ratings agency Standard & Poor’s has warned. The island’s flagship industry posted a 21 per cent increase in consolidated gross premiums written in the first ...

Not so long ago she had aspirations to be a doctor, but thanks to a new programme Breanna West is launching a career in business she never foresaw. Ms West, 19, was celebrated yesterday as the first student to earn an associates in general insurance ...

Insured losses from the ongoing wildfires around Fort McMurray, in Alberta, Canada, have been estimated at between $3.4 billion and $6.9 billion (C$9 billion) by catastrophe modelling firm AIR Worldwide. And the disaster could have a bigger impact on...

Mergers and acquisitions in the reinsurance industry will continue, an expert from ratings agency AM Best predicted yesterday. But John Andre, group vice-president, said that any new mergers would likely be on a smaller scale than the past few years,...