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The Association of Bermuda Insurers and Reinsurers (ABIR) hosted 12 University of Georgia business students for a two-hour workshop on the history and importance of the Bermuda insurance market. The workshop highlighted the leading role Bermuda has...

Does the powerful growth in insurance-linked securities actually benefit the Bermuda economy? While questions remain about the job-making potential of a sector that has produced a proliferation of capital structures to meet reinsurance needs, rather ...

Former Bermuda-based insurance executive Mark Byrne’s Sportscover deal is in danger of unravelling, according to a UK insurance news website. Mr Byrne is founder of class of 2005 Flagstone Re. His proposed deal to acquire the struggling Lloyd’s manag...

Willis Group Holdings PLC confirmed yesterday that they brokered the hull and liability coverage for the Malaysia Airlines which is assumed to have crashed into the sea on Saturday. A spokesman for Willis said: “I can confirm that Willis is the broke...

Bermuda will remain at the forefront of the burgeoning convergence between the reinsurance and asset management industries, because it has an exceptional mix of expertise in both areas. That is the view of Craig Redcliffe, partner and insurance leade...

Investors are expected to continue ploughing money into insurance-linked securities at an ever greater pace this year — with most of the activity centred on Bermuda. And analysis by PwC suggests that third-party capital is there as part of long-term ...

Bermuda reinsurers could be in the hook for larger winter claims than normal coming from both sides of the Atlantic, after a string of storms hit the US and UK over the past few weeks. PCS, a division of Verisk Analytics, has already calculated insur...

A bid by Gibraltar to muscle in on the lucrative insurance-linked securities (ILS) market should “keep us on our game”. And Greg Wojciechowski, an ILS Bermuda committee member, said: “I don’t know that it’s competition — but it should keep us on our ...