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Risk and insurance management service provider Kane will have the advantage of being able to tap into an extensive global network of operations following its acquisition of the insurance management operations of HSBC. That is according to Roy Fellowe...

There are signs that the reinsurance market is firming up as insurers in wind-prone US states seek protection for losses during the hurricane season. According to UBS analyst Brian Meredith, Florida property catastrophe reinsurance rates were up by a...

Bermuda-based Starr Insurance and Reinsurance Ltd has acquired a 20 percent stake in Chinese property re/insurer Dazhong Insurance Co Ltd. The China Insurance Regulatory Commission (CIRC) has approved Dazhong Insurance to issue an additional 286.5 mi...

Four Bermudian students will gain some experience of the international insurance industry in the UK over the next two weeks. The quartet are taking part in the Bermuda Foundation for Insurance Studies Summer Intern Programme, which gets under way tom...

NEW YORK (Bloomberg) American International Group Inc fell to the lowest since August as investors bet that losses at the company’s largest unit will discourage buyers of the stock in future government offerings. AIG dropped $1.18, or four percent, t...

CatCo Reinsurance Opportunities Fund Ltd has raised gross proceeds of $124.4 million in a share sale, continuing the trend of Bermuda re/insurers boosting capacity to write more business as rates climb. The fund, whose shares trade on London's Specia...

Catlin Group chief executive officer Stephen Catlin yesterday called for more transparency from insurance brokers. The boss of the Bermuda-based re/insurer estimated that his firm paid £425 million ($688 million) on “process” done by brokers without ...