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Veteran reinsurance chief Tatsuhiko Hoshina has stepped down as CEO of the firm he helped found in Bermuda more than a decade ago. But Mr Hoshina will continue his links with the company as vice-chairman of the board of directors of Tokio Millenium R...

ILS (Bermuda) Ltd, the organisers of Bermuda Convergence 2014, will focus on low investment returns in one panel session at next month’s event. ‘Relative value — how do opportunities in reinsurance funds compare to other asset classes?’ will be moder...

Validus Holdings today announced that it has completed its acquisition of Western World Insurance Group, Inc. Western World, through its subsidiaries, is a speciality lines insurance company with a 50 year track record of profitability and is a pion...

It was a good story to hear — a woman stood up and said that despite losing her job, she was not panicking as her late husband had left her money thanks to taking out life insurance. Although bitter sweet, it was still one of the more positive storie...

Catastrophe bonds are becoming a progressively cheaper form of reinsurance as the dynamics of the insurance-linked securities (ILS) sector change. That is the view of Tony Ursano, chief executive officer of Willis Capital Markets and Advisory (WCMA),...

A new insurance body is to launch tomorrow. And the Bermuda chapter of the Claims and Litigation Management Alliance (CLM) — the first of its kind on the Island — aims to provide top-notch education professionals in the field. CLM president Joshua Sc...

In early September a group of 18 Bermudian re/insurance rising stars travelled to New York City as part of the Bermuda Under-40s Re/Insurance Group, an association of young professionals in the Bermuda market. They spent a week visiting and learning...

Scientists and insurance industry experts will come together to discuss the issue of flood risk at a seminar next month. The Catastrophe Risk Seminar will be hosted by the The Bermuda Institute of Ocean Sciences’ (BIOS) Risk Prediction Initiative (RP...

A former Bermuda scientist aims to link the academic world and Island business to better predict disasters. And a new course at the University of Miami — the brainchild of ex-Bermuda Institute for Ocean Science (BIOS) researcher Professor Dennis Hans...

The impact of a hurricane far more devastating than the 2012 superstorm Sandy is the subject of a report by reinsurer Swiss Re. In the year 1821 on September 3, an estimated category three or four hurricane made landfall in North Carolina and careere...