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WASHINGTON (Bloomberg) — The US Treasury Department said it’s considering ways to end a “loophole” that allows hedge-fund managers to avoid taxes by routing their investments through reinsurance companies in low-tax countries like Bermuda. The Treasu...

With ratings agency Fitch Ratings recently publishing an update of its methodology for rating insurance-linked securities (ILS), now is a good time to explore the rise of ILS from an unconventional form of risk transfer to the conventional method of ...

Hamilton Insurance Group is in exclusive talks with the parent company of Lloyd's managing agent Sportscover Underwriting Ltd and the parties expect to announce a deal soon. Hamilton CEO Brian Duperreault said he had been looking for the “right strat...

Horseshoe Group’s global business operations have been placed in the hands of Brenton Slade, who has been appointed chief operating officer. A spokesman said he will be responsible for leading the global business operations of the Horseshoe Group an...

A support group for widows is backing a life insurance awareness initiative. The Bermuda Chapter of Widows Wear Stilettos is co-hosting a series of lunch and learn events on the topic this month, along with Colonial Group International and law firm M...

A takeover of a Bermuda-based funds and insurance-linked securities firm could lead to a jobs boost in the sector. The boom in insurance-linked securities (ILS) was a key factor in the acquisition of a Bermuda-based funds firm, a top executive from a...

Insurance investment firm Randall & Quilter announced a loss in the first half of the year, as legal expenses weighed on results. But the company continued its expansion through acquisitions and the boosting of capacity of the Lloyd’s syndicate that ...

More people are potentially putting themselves at risk by relying on third-party coverage. Since 2004 Colonial Insurance has seen a rise of 100 percent in third-party insurance for cars as people look to cut their bills. The increase is not as signif...