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Bermuda is in a strong position to hold on to its insurance-linked securities business — despite attempts by the City of London to muscle in on the sector, ILS Bermuda chairman Greg Wojciechowski said yesterday. Mr Wojciechowski was speaking after a ...

Networking group Women in Reinsurance (WiRe) has launched a chocolate fundraising campaign to help families in need. The 150-strong WiRe aims to sell 6,400 boxes of chocolate-coated almonds over the next month — with the proceeds going to charity the...

Bermuda-based insurer Ironshore has been named the official insurer for Oracle Team USA for the 35th America’s Cup. Ironshore will provide comprehensive insurance coverage for the team, from the Louis Vuitton America’s Cup World Series Bermuda regatt...

The Institute of Risk Management (IRM) Bermuda Group is offering two training courses next month. The first is the two-day Fundamentals of Risk Management (FoRM) course which provides a comprehensive overview of practical enterprise risk management (...

New Hamilton Re chief financial officer Vanessa Hardy Pickering aims to help spearhead the Hamilton Insurance Group’s expand into the insurance market. And Ms Hardy Pickering, who has just stepped up from group controller to her new role. The Bermudi...

Hamilton Insurance Group has announced it is an official partner of Endeavour, the America’s Cup youth training programme. Funds donated by Hamilton will be used by the America’s Cup Event Authority (ACEA), organisers of the Endeavour initiative, to ...

A $275 million catastrophe bond providing insurance protection to US train company Amtrak illustrates a growing trend of corporations going directly to the capital markets to cover some of their risks, according to an insurance-linked securities (ILS...

A delegation from Bermuda aims to steer business towards the Island when it attends the American Society for Healthcare Risk Management (ASHRM) conference in Indianapolis this month. Changes in healthcare policies in the US in the past few years, par...

Two students have been sponsored by an international business body to attend a major conference on insurance. The Association of Bermuda Insurers and Reinsurers (Abir) have backed Kishana Thomas Quallo and Edward Gouveia DeSousa, both Bermuda Insuran...

Four major rating agencies have a negative outlook for the reinsurance sector. Significant declines in pricing during 2014, and the continuing pressure on pricing this year is one of the factors noted by agency AM Best. It also noted the effect of in...

Bermuda-based insurance holding company Athene Holding has completed the acquisition of a German life insurance firm. Athene bought Delta Lloyd Deutschland AG (DLD) and its subsidiaries from Dutch-based Delta Lloyd. Athene Holding CEO James Belardi s...

BF&M Ltd has acquired Bermuda-based insurance agency Kitson Insurance Services Ltd. Kitson has been in business since 1947 and BF&M has said it will keep on two of the agency’s leading staff on a full-time basis. The terms of the deal were not disclo...