11/23/2022

PartnerRe and Zurich seal longevity swap

The transaction covering pensioner and non-pensioner members insures the majority of the risk that members live longer than expected and is a key milestone towards the trustees' plan to secure all benefits.

11/22/2022

Skipton promotes Guernsey on global stage

“We are delighted to have worked with Clive and Digby on this, and look forward to working with them again for our international clientele in the future.”

11/22/2022

Life sector draws on Bermuda’s unique qualities

BILTIR executive director Martin Laframboise said there were also macro drivers, for example the aging population, that impact the life sector globally and from which Bermuda benefits.

11/22/2022

Fidelity cuts profits target by $2-$2.5m

Explaining the $1.8m year-over-year decrease in net income, which was largely driven by a 27.3 percent jump in general and administrative expenses

11/22/2022

SiriusPoint drops MGA deal with Mosaic

The deal would have also included SiriusPoint investing in Mosaic, providing underwriting capacity to Mosaic’s syndicated capital programme and access to global licences and infrastructure through a fronting arrangement.

11/21/2022

Loans & Secured Financing in The Bahamas

Financial Services Partner, Portia J. Nicholson, in conjunction with Associates, Kamala Richardson, Andre Hill and Dennise Newton authored The Bahamas Chapter for the Loans & Secured Financing Guide published by Lexology GTDT.

11/18/2022

Orion Re maintains AM Best ratings

Orion Re was founded in December 2004 and is licensed by the Bermuda Monetary Authority to act as a Class III insurer without restrictions of any kind in its class.

11/18/2022

AUM launches ILS Ocean Fund

The underwriting strategy for the fund will mirror that of the captive insurance company in which it is invested