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Bermuda must refrain from isolating itself and pay attention to the outside world, Michael Dunkley has insisted after returning from London. The Premier visited the British capital from Monday to Thursday to attend the annual Overseas Territories Jo...

A webinar entirely in Spanish will be hosted by the Bermuda Business Development Agency (BDA) next week as part of the organisation’s drive to attract business from Latin America. The webinar will focus on the potential benefits corporations from the...

Insured losses from the most powerful hurricane ever recorded in the Western Hemisphere, Hurricane Patricia, are expected to be negligible. The Category 5 hurricane struck the Pacific coast of Mexico, near Cuixmala, on October 23. It had maximum sust...

Bermuda has won a coveted financial gold star from the European Union. The Island has been awarded full equivalence under the tough EU Solvency II regulations by the European Commission after six years of work. The move means Bermuda and Switzerland ...

A top executive at JLT Re has moved to Bermuda from the firm’s London operation. Nick Duffin has joined JLT Re Bermuda as a partner, after working for the British arm for three years. JLT Bermuda partner Charles Withers-Clarke said: “Nick will contin...

The Bermuda CPCU Society Chapter last night held a conferment ceremony for new designees. The group is made up of insurance and reinsurance industry professionals who have all obtained, or are on the path to obtaining, the Chartered Property Casualty...

LONDON (Bloomberg) — Insurer Talanx AG’s $122 million loss from port explosions at Tianjin, one of China’s worst industrial disasters, takes the net hit incurred by insurers across Europe, the US, Bermuda and Asia to almost $2 billion, according to f...

Restrictions lifted on the sale of life insurance will be a boost for a Bermuda-based company. VL Assurance, part of the Valor Group, had a private Act of Parliament aimed at broadening its range of services signed into law by Governor George Ferguss...

Healthcare and technology futurist Joe Flower will be the keynote speaker at the Bermuda Captive Conference in 2016. The author of multiple books, he has explored the future of healthcare with clients including the World Health Organisation, the Nati...

Enstar Group Ltd has completed the acquisition of a Belgium-based insurer in a deal worth more than $44 million. Enstar, a Bermuda-based company that specialises in buying and managing businesses in run-off, bought National Suisse Assurance from Helv...

Bermuda-based Everest Re Group Ltd has entered into a strategic alliance between its US primary specialty insurer, Everest National Insurance Company, and Associated Electric & Gas Insurance Services (Aegis). This new partnership will provide primar...

Alternative and third-party capital is being used outside the traditional area of catastrophe bonds, experts have said. And the reinsurance industry is increasingly seeing alternative cash as a complementary type of additional capacity. PwC Bermuda m...