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SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, and Boston-headquartered Corvus Insurance have announced a strategic investment and multi-year underwriting capacity partnership. Corvus is a provider of smart commercial insuran...

Young Bermuda talent is being invited to join a company building the next generation of cyber reinsurance products. A UK company with its underwriting based on the island is expecting that new investment will facilitate an expansion of their Bermuda ...

Twenty years on from September 11, 2001: who does not remember this day? The horrendous, mortal assault on American soil and innocent lives, shattered the US national psyche in the country considered the inviolate global leader. Bermuda lost two of ...

Bermuda (re)insurers paid out $35.2 billion to UK policyholders and cedants for large catastrophes, property and casualty losses and life insurance claims during the five-years from 2016 to 2020. This information is gleaned from the United Kingdom Da...

Peter Zaffino, has been appointed chairman of the board of directors of American International Group. The AIG president and chief executive officer, will assume the additional role on January 1, after current executive chairman, Brian Duperreault, re...

Aspen Insurance Holdings Limited has reported an improved half-year performance to June 30, after writing more than $2 billion in premium. The company declared net income after tax of $87.4 for the six month period, compared to last year’s half-year ...

Vantage Group Holdings Ltd, a member of Bermuda’s Class of 2020 re/insurers, has continued the buildout of its insurance platform with the introduction of new product offerings in healthcare and excess casualty. Vantage was established late last year...

A re/insurance industry body in Bermuda has backed a United Nations programme that is a global framework for the insurance industry to address environmental, social and governance (ESG) issues and opportunities. The Bermuda International Long Term In...

Risk Management Solutions Inc, the catastrophe risk solutions company with a Bermuda office, has estimated that insured losses from the flooding in western and central Europe during July will likely range between $6 billion and $7.7 billion. RMS said...

Domestic insurer BF&M Limited has reported net income for the six months ended June 30 of $14.8 million as compared to net income for the comparative period in 2020 of $10.4 million. Earnings for the period for 2021 equated to an annualised Return on...

Caribbean countries will struggle to adopt a global minimum tax on corporate profits because they are already reeling over anti-money laundering and terrorism financing compliance requirements, a leading insurer said. Paul Traboulay, the chief opera...

Bermuda (re) insurers paid out $29.3 billion to European Union policyholders and cedants for property and casualty losses and life insurance claims during the five-year period from 2016 to 2020. This is according to commercial market claims data coll...