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Analysts expect a strong financial year from Bermuda registered International General Insurance Co Ltd, fuelled by factors including excellent underwriting profitability. IGI and its subsidiaries have just had their excellent credit ratings affirmed ...

Bermuda is on track for a good year in terms of insurance company registrations. Statistics released by the Bermuda Monetary Authority reveal there have been 63 new registrations to date including two intermediaries, compared with a total of 65 last...

When Norwegian insurance executive Rolf Roppestad came to Bermuda for business meetings this month, he had a special request. He wanted to meet his childhood hero, Bermudian footballer, Clyde Best, who scored 58 goals for West Ham United between 196...

American insurers will have to face some harsh economic realities affecting the broader market in the year ahead, analysts say. A Fitch Ratings overview of the outlook from analysts during Fitch Ratings’ 2022 North American Insurance Conference outli...

Antares Global Management (Bermuda) Limited has received approval from Lloyd’s to operate as a Lloyd’s in-house coverholder. This will enable AGML Bermuda to write Lloyd’s business on behalf of Antares Syndicate 1274 from Bermuda, in addition to the ...

Strategic Risk Solutions, the world’s largest independent insurance company manager, has opened a new office in Paris. The company said new SRS offices are popping up across Europe as the demand for captive management services continues to grow. “Sin...

Industry veteran Miranda Hunter has been appointed head of investor relations at Bermudian-based Axis Capital Holdings Limited. Ms Hunter, who is based on the island, will be responsible for leading Axis Capital’s engagement with the investment commu...

Cactus Ltd, the Bermudian-based company behind Marmalade, the deal pricing and data capture system, has won the International Innovation of the Year award at the Bermuda Tech Awards. The company's founder, James Robinson, was present to collect the a...

A Canadian news outlet has targeted a billionaire family for its use of “an offshore insurance company that allowed them to move millions of dollars in profits out of Canada and into the ‘tax haven’ of Bermuda”. But the extensive article refers to no...

Bermudian Tyler Owen is to rejoin the Bermuda professional lines team at Axa XL as SVP, product line leader, the company announced. Mr Owen, whose appointment is effective on Monday, will report to Axa XL’s Bermuda professional lines chief underwriti...

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermudian-based NEWGT Reinsurance Company Ltd. The outlook of these credit ratings is stable. NEWGT is a wholly owned s...

Banyan Risk Ltd, a Bermudian-based managing general agent that specialises in writing directors and officers’ insurance, has teamed up with SPAC-focused financial advisory firm Zukin Certification Services to offer help to companies going public. Zuk...