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WASHINGTON (Bloomberg) - Federal government action to change the debt-ridden National Flood Insurance Program (NFIP) could create new winners and losers in the $475.2 billion property-and-casualty insurance market. The US government currently assumes...

The perception that Bermuda is overcrowded and it is difficult to get work permits for international business - as reported in insurance industry magazine Reactions - couldn’t be further from the truth. That is according to Doug Soares, partner at em...

Bermuda-based Enstar Group has quietly amassed a run-off empire of some $10 billion in assets acquired. The company has paid out an average purchase price of about 20 cents on the dollar to acquire those assets and has to manage all the liabilities t...

Bermuda’s re/insurance companies are expanding overseas rather than leaving the Island according to two industry experts. Chris Klein, global head of reinsurance markets at Guy Carpenter, and Michael Butt, chairman of Axis Capital Holdings Ltd, told ...

Bermuda-based insurer Catlin Group Ltd. is set to launch the latest part of its study into the potentially contributing conditions in the Arctic Ocean that cause climate change across the world. The Catlin Arctic Survey, which is being sponsored by t...

MS Frontier Reinsurance Ltd announced the hiring of two Bermudians and the promotion of four more. The Bermuda-based re/insurer has appointed Sean Belton as international underwriter and Chuck Morgan as associate underwriter. Meanwhile George Masters...

Bermuda-based re/insurer Hiscox Ltd said the big freeze in the UK late last year will cost the company an estimated £16 million ($25.4 million). In a statement yesterday, the company also said that its operating platform on the Island, Hiscox Bermuda...