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A digital campaign entitled “International Business is Everyone’s Business” has been launched to coincide with International Business Week. It promotes scholarships and career opportunities in IB available to young people, and highlights how Bermuda’...

Oil Insurance Limited made a profit of $466.5 million last year. It recorded a $66.9 million underwriting profit. The company has declared a $380 million dividend. During a board meeting in Bermuda last week, the directors approved the company’s 202...

The membership of the Association of Bermuda Insurers and Reinsurers has hit a new record with the arrival of three global market entrants from Bermuda’s “Class of 2020-21.” Conduit Reinsurance, Canopius Reinsurance and Mosaic Insurance are the newes...

BF&M Limited’s net income for 2020 was $20.5 million, up about $8.5 million on the prior year. John Wight, group chairman and chief executive officer, said: “BF&M reported strong operating results for 2020, demonstrating resilience in an extraordinar...

Bermuda International Long Term Insurers and Reinsurers has appointed Scott Selkirk to its board. Mr Selkirk, who has chaired the Biltir strategy committee, is chief underwriting officer at Somerset Re. He moved to Bermuda in 2007, and he was previou...

Starting this week, a new monthly series on insurance, the need, the products, the historical emergence and evolution of the re/insurance industry in Bermuda. Demonstrable proof! Bermuda: sun shines on the reinsurance island once again … in an interv...

Catastrophe risk solutions company RMS plans to launch a new suite of climate change models to help customers assess the near and long term impacts of climate change on physical assets and their businesses. Karen White, chief executive officer of RMS...

Mosaic, a Bermuda-based global speciality insurer, will begin underwriting cyber insurance globally next month, through teams based in Chicago and London. Founded by Mitch Blaser, Mosaic launched operations in Bermuda, London, the United States and A...

Independent specialist insurance and reinsurance broker Miller has hired James Power as its new exposure analytics lead. The company said Mr Power will strengthen Miller’s exposure analytics and deal structuring offering for reinsurance clients. Mr P...

More than 30 groups and individuals campaigning for action on climate change have written to Lloyd’s of London demanding that it end support for the Bahamas Petroleum Company to conduct an offshore oil drilling scheme in the waters of the Bahamas. Th...

Bermudian financial services industry veteran Shelby Weldon has been appointed executive director of the Bermuda International Long Term Insurers and Reinsurers. Mr Weldon, who has more than 30 years’ experience as an accountant, regulator and insura...

A Bermudian-based medical insurer has introduced the Employee Assistance Programme as a value-added benefit to provide increased mental wellness support for its eligible members who are faced with pressures caused by the Covid-19 pandemic. Coralisle ...