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More than 60 students and insurance specialists attended a festive season speed networking lunch held by the Bermuda Foundation for Insurance Studies (BFIS). The lunch featured a team of volunteer insurance professionals and “speed interviews” betwee...

Hamilton Insurance Group has appointed Wendy Davis Johnson as chief communications officer. The former global communications senior vice president at Ace has 25 years of experience in marketing communications and brand development. Ms Davis Johnson w...

A $75 million special purpose reinsurer has been launched to back a major UK-based firm. Bermuda-based Versutus will reinsure a share of global British company Brit Insurance’s property catastrophe excess of loss portfolio. It is capitalised by a num...

A major shake-up of the global reinsurance industry will get underway this year, industry experts have predicted. Falling rates, improved terms and conditions, oversupply of capital continuing to outstrip demand and several years of little loss activ...

A massive $8.8 billion in catastrophe bonds and insurance linked securities (ILS) made last year the market’s busiest on record. And — at the end of the year — the outstanding sum in the sector was more than $25 billion. The news came in the review o...

Prices for some reinsurance policies have plummeted to their lowest for nearly 25 years, according to a global brokers. Areas like UK property catastrophe reinsurance are priced around the same as they were in the 1990s. And a third straight year of ...

The world’s largest reinsurer, Munich Re, has added another Bermuda sidecar to its roster after $75 million of participating notes from a special purpose insurer called Eden Re I was listed. The move follows a similar $290 million Eden Re II Ltd vehi...

Quite often deciding whether to buy life insurance is one of the most important decisions you will make in your financial life. However, it is a decision that most of us will put off until something happens that hits close to home. That’s really not ...

By Jonathan Kent Aspen Insurance Holdings Ltd chief executive officer Chris O’Kane has this month sold more than 26,000 shares — worth around $1.15 million — of the company he runs. Mr O’Kane exercised options to buy the shares in the Bermuda-based r...

News of nearly half a billion dollars of new alternative reinsurance capital emerged yesterday, as the flow of third-party money into the industry continues unabated. The Bermuda Stock Exchange (BSX) announced the listing of $290 million worth of not...