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The Argus Group has launched a scholarship award in the name of veteran Bermudian insurance executive Sheila Nicoll, who retired from chairing the Argus board last year after 10 years in the role. Ms Nicoll had served on the board for 15 years in tot...

A new advocacy group for Bermuda’s captive insurance industry has emerged, with the backing of key organisations and with membership launching in April. Notably, the new Bermuda Captive Network aims to offer enhanced advocacy, leading and evaluating ...

The Zest Wellness Programme, created by Coralisle Group Ltd, has been awarded a gold medal by the Wellness Council of America (Welcoa) for building a workplace culture that promotes, protects and supports the health and wellbeing of its employees and...

Bermudian-based global specialty insurer Mosaic Insurance is marking a full year in business. The company said it celebrates a year of rapid growth and milestones, including strategic technology and capital partnerships, the launch of six global spec...

People injured in road accidents will be eligible to receive larger insurance payouts under new legislation approved by the House of Assembly. The amendment to the law will triple insurer liability from $125,000 to $375,000 per claim for cases where ...

Bermudian-based insurer says it will not insure the construction or operation of any new thermal coalmine

The opposition One Bermuda Alliance is to raise questions in Parliament over delayed repairs to a pilot boat that suffered severe damage after it ran aground. An OBA spokeswoman said that questions had been submitted to the Government on the St David...

AM Best has released a new methodology, Best’s Performance Assessment for Delegated Underwriting Authority Enterprises. In this methodology, AM Best introduces the Best’s Performance Assessment, which provides a framework for differentiating among de...

A Bermuda company is playing an important role in efforts to mitigate climate change, and Bermuda’s young are a part of the generation that will be the key. The Bermuda insurance executive whose company has tasked him with a lead role in the corporat...

Bermudian-based Axis Capital Holdings Ltd has reported net income available to common shareholders of $588 million for fiscal year 2021, including fourth-quarter net income of $197 million. Those figures compare with a net loss of $151 million in 202...

Bermudian-based re/insurer RenaissanceRe Holdings Ltd has reported an annual net loss attributable to common shareholders of $73.4 million in 2021 as weather-related large losses took their toll. Those losses contributed a $962.1 million net negative...

Registration opened for the Bermuda Risk Summit 2022, helping to cement Bermuda’s reputation as a global risk capital. The summit, organised by the Bermuda Business Development Agency, will run from March 14 to 16 at the Hamilton Princess & Beach Clu...