Log In

Analysts pointed to an ageing and shrinking population coupled with the emigration of the educated workforce

Market conditions remain supportive of strong risk-adjusted returns, even though an abundance of capital has brought lower pricing

The ratings are for QBE Capital (Global) Ltd, (QBE Capital Global) (Bermuda) and its immediate parent, QBE Capital Ltd (QBE Capital) (Bermuda)

The agency said there were indications of a significant return on capital improvements for the full year

AM Best upgrades outlook from stable to positive

David Burt says the agency’s review indicates that the island’s bonds are of “good quality with a low credit or default risk”

Dominic Frederico, president and chief executive, welcomes the ratings agency’s report

The changes bolster capital requirements, supervision and granularity of risk assessment to strengthen market stability and transparency

A rating agency has said the reinsurer has suffered temporary realised investment losses caused by rising interest rates, which hit earnings negatively

A new report said the possibility of a recession in 2024 is significantly reduced

The comparison came during the rating agency’s latest peer review of large global reinsurers

Bermuda has maintained its long and short-term issuer ratings at A+ and K1+, respectively, and the outlook remains stable