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A division of Bermuda-based Sompo International Holdings Ltd is to offer protection for epidemic and pandemic risk. The specialty provider of property and casualty insurance and reinsurance said that Sompo Global Risk Solutions will offer the new pro...

Member companies of the Association of Bermuda Insurers and Reinsurers are giving 23 young Bermudians a taste of the insurance industry through summer internships. The students are gaining valuable experience with companies including Aeolus, Arch, Ar...

CG’s medical insurance business will be paperless, starting Monday, the company said. The purpose is to strengthen communications and support for its medical clients, from group health members and providers to individually insured clients. Next week,...

An insurance group has pledged $50,000 to a charity focused on marine conservation and education. Aspen Insurance will offer payments over two years to help Waterstart with its experiential learning programmes and restoration projects. JP Skinner, th...

In its first full quarter, SiriusPoint Ltd. has declared second quarter net income to June 30 of $64.5 million. Chairman and chief executive officer Sid Sankaran said: “Underwriting this quarter has been keenly focused on remediation. We have made pr...

An insurance start-up in Bermuda has marked six months of sustained growth and corporate milestones, including the opening of three offices, establishment of four strategic regional distribution hubs, hiring of talent, and underwriting across six pro...

MS Amlin, the global re/insurer with an underwriting office in Bermuda, has invested in US-based Environmental, Social and Governance (ESG) focused managing general agency InQlusiv, LLC. The company recently announced a strategy of targeting high qua...

Ed, the global reinsurance, wholesale and specialty broker with an office in Bermuda, has announced the full integration of Ki’s algorithmic underwriting with TradEd, the company’s etrading platform available in Bermuda. Ed is owned by NASDAQ-listed ...

There are warnings about the future of a Caribbean insurer, in which a Bermuda company acquired a sizeable stake three years ago. The warnings came as Caribbean Information and Credit Rating Services Limited (CariCRIS) affirmed ratings for Beacon Ins...

Argo Group International Holdings, Ltd. has reported second quarter to June 30 net income attributable to common shareholders of $67.1 million or $1.92 per diluted common share, compared to a net loss attributable to common shareholders of $5.4 mill...

Energy industry mutual, Bermuda-based Associated Electric & Gas Insurance Services Limited (AEGIS) has just had its credit rating affirmed by ratings agency AM Best. Best said the outlook of the financial strength rating is stable, affirmed at A (Exc...

Hardening rates in insurance and reinsurance are a trend that is expected to continue, analysts ave been told. Making clear he supports that view – and that development – is Marc Grandisson, executive vice-president, chief financial officer & treasur...