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Howden Broking Group, part of international re/insurance distribution group Hyperion, has announced the opening of a new wholesale and retail business in Bermuda. The new operation, which is called Howden Insurance Brokers (Bermuda) Ltd, was incorpor...

Share prices of Bermuda market re/insurers surged yesterday, as estimates of insured losses from Hurricane Irene fell to about $2.6 billion. However, an industry analyst believe that the losses will not be sufficiently large to spark a meaningful inc...

Bermuda reinsurers are bracing for Hurricane Irene with estimates of insured losses climbing to nearly $14 billion. The largest losses are expected in the US Northeast, particularly in the New York area. Irene may cause $13.9 billion in insured losse...

The inaugural Bermuda Insurance Underwriting Conference next month will be a conference with a difference, organisers are promising. Rather than the industry overviews and CEO speeches offered by the typical Bermuda insurance conference, this one wil...

The earthquake that struck Virginia and shook the eastern of the US on Tuesday caused less than $100 million in insured losses, catastrophe modelling company Eqecat said yesterday. Meanwhile insured loss forecasts for Hurricane Irene fell dramaticall...

Validus Holdings Ltd has announced that it has filed a definitive proxy statement with the Securities and Exchange Commission (SEC) opposing the proposed takeover of Transatlantic Holdings Inc by Allied World Assurance Company Holdings AG. Validus al...