02/28/2023
HSCM Bermuda secures $400m for insurance debt strategy
As the strategy expands HSCM Bermuda’s presence, it will offer financing solutions for small- to medium-sized insurance companies
AIM and Hedge Funds
02/28/2023
Argo posts 2022 loss in ‘transformative year’ for business
Its gross written premiums fell to $2.8 billion in 2022, a 10.5% decline on the same period a year earlier.
02/27/2023
Two years after launch, Mosaic Insurance is hitting all its targets
Seasoned executives Mitch Blaser and Mark Wheeler are the co-chief executive officers of Mosaic, leading a staff that has grown to 125 worldwide, including 11 at global headquarters in Bermuda.
02/27/2023
Insurers urged to transform to face challenges of the future
The Insurance Protection Gap measures the difference between optimal insurance coverage and actual coverage in any country.
02/27/2023
Conduit Holdings declares near $90 million loss
In just the second year of operation, gross premiums written for the year climbed 68.3 per cent over the year before to $637.5 million.
02/27/2023
Ariel Re closes first cat bond with carbon offset feature
There is no rule that requires replacements to have lower carbon emissions, so Ariel Re is using Titania Re III to mitigate what it calls a missed opportunity
02/24/2023
Conduit Holdings declares near $90 million loss
In a year where the industry has experienced extreme natural and man-made losses, the resilience of our results validates our business model.
02/23/2023
Bullish Conduit Re highlights strong growth, hard market
The company’s GPW increased by 68% to reach $637.5 million last year; its net premiums earned increased by 148.4% to reach $482.3 million.
02/22/2023
Skipton publishes 2022 annual results
The bank launched US Dollar savings accounts in 2022 providing more choice for its savings customers.
02/22/2023
BF&M launches new scholarship
Wight said: “Education is very important to me and I look forward to meeting with the scholarship recipient.”
02/22/2023
IQ-EQ shortlisted in the 2023 ICA Compliance Awards
IQ-EQ has been shortlisted in the competitive ‘Compliance Consultancy Firm of the Year’ category, which aims to recognise a team who supports clients to effectively manage and improve their compliance programmes.
02/22/2023
Fidelity ready to ‘put money behind’ bad mortgage cure
Gateway Financial and its Mexican partner, Ascendancy, are the only specialist players to emerge in this niche in The Bahamas to-date.
02/22/2023
Guernsey overtakes Luxembourg to become largest captive domicile in Europe
"Guernsey is a globally renowned centre for specialist financial services, a jurisdiction of substance and it is gratifying to reach this milestone,” he said.
02/22/2023
Fitch affirms strong ratings for RenRe
Property business represented 40 per cent of total 2022 net premiums written
02/21/2023
CIMA reaches out for design ideas for new cash
Those taking part in the survey will have the option to select from specific themes and can submit additional ideas of their own.
02/21/2023
RBS International Annual Results 2022 published
The bank also donated £30,000 as part of a 3 year commitment to Community Savings Limited
02/21/2023
Captive International sets new milestones
“This exceeds the other UK captive publications by a very considerable margin, highlighting our dominant position within the captive sector,” said Johnson.
02/20/2023
US EXIM Bank looking to expand financing in The Bahamas and the region
Lewis said that the US EXIM Bank is “totally back in business” and is looking to expand its reach in the Caribbean and support US exporters looking to conduct trade and business with CARICOM and The Bahamas.
02/20/2023
Report shows economy held together by international business
There was growth in company numbers and employees.
02/17/2023
PwC forecasts increase in M&A activity
The report says property/casualty insurers in particular have not been able to increase premiums they charge in line with inflation, and personal insurance claims are being driven higher by inflation.