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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...

The Bermuda corporate parent of a bond insurer at the centre of controversy over Detroit’s $18-billion bankruptcy hearings, has disclosed they could face difficulties if the judge rules against them. Their New York-based bond insurer subsidiary — Syn...

A bankruptcy judge this week delves into key issues in the worst municipal bankruptcy in US history. And in the middle is a Bermuda insurer whose holding company lists a Bermuda cabinet minister as a director. The case is scheduled to go to trial in ...

Allen Foley, former executive director of DMS Offshore Investment Services (Europe) SáRL has joined Oyster Consulting (Bermuda) Ltd to provide expert advice and consultancy services to firms located in Bermuda and around the world. He has joined th...

It was the “clash of the titans” yesterday, as two powerful corporate boards squared off in another round of a public battle for control of Bermuda-based Aspen Insurance Holdings Limited. The battle royal began anew as Aspen sent new filings to the S...

Bermuda has again been singled out and labelled “a tax haven” by US legislators as they last week attached an amendment to US federal funding measures, seeking to block federal contracts to former American companies involved in corporate inversions. ...

White Mountains Insurance Group, Ltd. is entering the $15-billion a year travel insurance market in a 50/50 joint venture with DavidShield for the development, marketing and distribution of travel insurance worldwide. The product will be based on the...

The Bermuda Foundation for Insurance Studies offers internships both in Bermuda and in insurance centres overseas each year so that young people who are interested in a career in the insurance industry can learn more about it. Below are blog entries...

Tokio Millennium Re’s (TMR) new US branch has received a licence to do business. The company, which has offices in Bermuda having been established on the Island in 2000, said yesterday that the US branch will focus primarily on non-catastrophe risks,...

The sobering assessment of cyber threats is that they are here to stay. But cyber security experts speaking at the Bermuda Captive Conference yesterday urged companies to take a corporate approach to the problem, as opposed to just an IT approach, b...