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BF&M Limited has reported net income of $6.5 million for the three months to the end of March, which compares to a $2.2 million loss in the same quarter last year. John Wight, group chairman and CEO, said: “Overall, we were pleased with the results. ...

Bermudian-based Mosaic Insurance has begun underwriting professional liability coverage through its London office. The specialty insurer, established in February, said it offers a tailored portfolio of professional indemnity and D&O coverage for a wi...

Bermuda market veteran Andrew Markus has been promoted to succeed Marvin Pestcoe as chief executive officer of Langhorne Re Bermuda. Mr Pestcoe, who has retired, will remain on the board of directors of Langhorne Re Bermuda through the end of the yea...

A proposed shake-up of the global tax system has the potential to create big insurance industry issues. How that might happen, and the impact it could have on captives and large reinsurance companies in Bermuda, was discussed at the Bermuda Captive C...

S&P Global Ratings has affirmed the financial strength ratings and stable outlook for two subsidiaries of Bermudian-based International General Insurance Holdings Ltd. The financial strength ratings of A- and stable outlook apply to International Gen...

Bermuda’s economy and community have benefited from the remarkable growth and advocacy of an insurance industry organisation that today celebrates its tenth anniversary. And the best is yet to come, according to leading figures of the Bermuda Interna...

One of the most important events on the global reinsurance industry calendar is to be held in-person this autumn. The Baden-Baden Reinsurance Meeting will go ahead October 17-21 with reinsurers from around the world, including Bermuda, expected to tr...

Eighteen young Bermudians have this week started learning about the long-term life and insurance sector in a two-month paid internship programme organised by Bermuda International Long Term Insurers and Reinsurers. As part of the programme, Scott Sel...

Vanessa Young is the new head of mergers and acquisitions insurance across Bermuda-based Hamilton Insurance Group’s global operations. She joined Hamilton last month, based in London, and reports to Miles Osorio, active underwriter of Lloyd's Syndica...

The Department of Social Insurance will be closed from tomorrow until next Tuesday for renovation work, the Ministry of Finance announced today. The office, in the Government Administration Building on Parliament Street, Hamilton, will close tomorrow...

Lockton Re has launched its Bermuda office with the appointment of Jonathan (Jonty) Davies as chief executive officer. Mr Davies joins Lockton Re (Bermuda) Limited from Aon Reinsurance Solutions where he was most recently head of Global Re Specialty ...

Catherine Duffy has been awarded the Fred Reiss Lifetime Achievement Award for her outstanding commitment and contribution to Bermuda’s captive industry. She was named the award winner at the Bermuda Captive Conference, which is being held virtually....