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Two Bermuda-based insurers with Japanese parent companies have no direct exposure to the earthquake and subsequent tsunami that devastated Japan last week. Tokio Millennium Re Ltd and Ms Frontier Reinsurance Ltd do not write business in Japan due to ...

Bermuda insurers and reinsurers were hit with $3.6 billion in catastrophe losses from worldwide disasters in 2010, according to the National Underwriter (NU) magazine. But the impact was dramatically softened by favourable prior-year loss development...

Bermuda has been overtaken by Vermont to lose its long-held position as the world's leading captive domicile, according to The Captive Review magazine. But that assessment - derived from a weighting system based on captive numbers, premium and assets...

As Bermuda’s insurers prepare for some hefty claims from the massive earthquake and devastating tsunami that hit Japan on Friday, catastrophe modeller Eqecat said economic losses could top $100 billion. Insured losses could be as high as $35 billion,...

LONDON (Reuters) - Eight catastrophe bond transactions totalling over a $1 billion could leave financial investors exposed to insured losses after a huge earthquake struck the northeast coast of Japan on Friday, triggering a 10-metre high tsunami. Ca...