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Bermuda-based Aurigen Reinsurance Ltd has sponsored Credit Agricole Securities (USA) Inc’s placement of CA$120 million of notes issued by Vecta I Ltd the first securitisation of Canadian life insurance embedded value. The deal also covered a closed b...

One of the largest global insurance organisations has sent a letter to the US Department of Treasury calling for more uniform federal regulation as opposed to the current state-based system as well as a more level playing field for international subs...

The Association of Bermuda Insurers and Reinsurers (ABIR) has told the US Department of Treasury that state regulation of catastrophe insurance is putting a choke hold on the free flow of reinsurance capital into that market. In response to a solici...

The Bermuda Market is the first topic on the agenda of the Bermuda Re Underwriting: Building Professional Expertise conference held at the Fairmont Hamilton Princess next year. The event, which is being hosted by the Reinsurance Association of Americ...

The total number of new companies set up in Bermuda this year reached 41, according to the latest figures released by The Bermuda Monetary Authority (BMA) yesterday. During November three special purpose insurers (SPI) and one class two re/insurer we...