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Chief executive highlights Caribbean risk work, including $150 million catastrophe bond for Jamaica

The move came about after the previous 7.5 million authorisation made in June 2024 was exhausted

Social inflation and litigation funding are leading to 'nuclear verdicts’ and more complicated claims

The promotions come as the firm completes the deployment of $1.5 billion in investor capital

As much as 20 per cent of the recent claims triggered by Hurricane Melissa could come from Bermuda, experts say

The majority plans to use reinsurance sidecars, third-party capital and captive management

The conference presents a company-funded bursary supporting two Bermudian students pursuing careers in claims

The initiative builds on Bermuda’s Special Purpose Insurer structure to bridge gaps left by traditional models

The disbursement is the largest in the history of the organisation, which includes Bermuda and the Caribbean

Syndicate 2126 is backed by Blackstone and targets $300 million in gross written premium in 2026

The move follows reserve charges tied mainly to the company’s retail commercial insurance portfolio

David Burt also discusses new partnerships and investments in the blue economy at Riyadh forum