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Wind engineer Peter Skerlj has been promoted to chief risk officer of Hamilton Re, the latest senior management appointment at the new company run by industry veteran Brian Duperreault. Mr Skerlj joined the (re)insurance industry in 2004 and has held...

Bermuda-based Wilton Re said on Friday it had agreed to be sold to Canada Pension Plan Investment Board in a deal worth $1.8 billion. The life reinsurance company focuses principally on the US life reinsurance market, specialising in the acquisition ...

Bermuda remains the world leader among offshore captive domiciles — despite recording a decrease in the number of captives on its register. The Bermuda Monetary Authority (BMA) confirmed yesterday that there were 831 captive insurers based in Bermuda...

Bermuda-based CATCo Investment Management Ltd has launched a new fund, the firm’s first to be focused on “traditional reinsurance risk”, with initial capital of $110 million. The specialist insurance-linked securities manager and adviser to the CATCo...

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...