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Three teams of four Bermudian university students will be learning in depth about the insurance business in Atlanta, Chicago or London from July 7 to 18. Yesterday they all met in the BFIS office for a briefing by Michael Fisher, BFIS chairman and f...

The Bermuda branch of global multi-line reinsurer Qatar Re has taken up residence in new office space at “Overbay”, on Pitts Bay Road. Founded in 2009, Doha-based Qatar Re, underwrites all major property, speciality and casualty lines, including avia...

Faced with unprecedented structural changes as a result of a flood of capital markets money seeking to cash in on writing reinsurance risks, the global reinsurance industry faces a fight for survival. But one top broker has proposed a shift in thinki...

Andrew Soares was elected the new chairman of the Bermuda Insurance Institute (BII) during the annual general meeting. Also appointed to the new BII Council are vice-chairman Shannon Totten, honorary treasurer Philip Burrill, honorary secretary Carol...

Most standard lines of commercial insurance business will eventually be commoditised, a leading underwriter has told delegates at the just concluded Insurance Day Bermuda Summit at the Fairmont Hamilton Princess Hotel. But Greg Hendrick, chief execut...

Low interest rates are a “disaster” for the re/insurance industry, costing the same as three major hurricanes each year, Scor chief executive Denis Kessler said at a UK insurance conference. Mr Kessler made the call for low interest rates to end duri...

Premier Michael Dunkley opened the door for international business leaders to dialogue with Government on a stronger partnership to foster more benefits for both business and the Island. Opening the Insurance Day Summit at the Fairmont Hamilton Princ...