12/15/2023
European reinsurance rates up as renewals get underway
Terms and conditions, most notably 2023’s heightened retentions, are apparently holding at levels set last year, Wells said of its take.
AIM and Hedge Funds
12/15/2023
Lancashire outlook upgraded to stable
Lancashire is a specialty underwriter with a good degree of geographic and product line diversification
12/15/2023
Captives perform better on ESG metrics: BMA report
The report also noted that early industry studies showed "a positive correlation" between captive owners and ESG solutions and scores (particularly on social and governance aspects) compared to non-captive owners.
12/15/2023
Somers Ltd records net loss for year
“Going forward, we believe that we, and our investee companies, are well placed to take advantage of increasing opportunities in the financial services sector.”
12/15/2023
Bermuda’s insurance industry dominates financial landscape with over $1.6 trillion in assets
Within this category, long-term debt securities accounted for 78.2% (US$652.4 billion), showcasing a robust upward trend over the years.
12/14/2023
Financial analysis: Year-end rally for Malta government stocks
Attention shifts to central banks this week with their final policy decisions of the year
12/14/2023
Creating diversity and change in private capital markets
ESG risk is often priced into lending/investment.
12/13/2023
Insurance course could be career stepping stone
Abir president and chief executive John Huff said Abir sponsorship of this course is an important part of its members’ commitment to building a diverse and inclusive workforce.
12/13/2023
SiriusPoint teams up with Nirvana Insurance
By collecting billions of data points from sensors and internet-of-things devices within trucks, Nirvana tailors its rates to individual fleets.
12/13/2023
Arch subsidiary in cyberinsurance partnership
Cyber underwriter Arch Insurance’s partnership is with Upfort, a cybersecurity and insurance platform.
12/13/2023
Bermuda reinsurance market forecasts stability in property, tightening in casualty for 2024: KBW
While there is some divergence in views on January 1 property catastrophe rates, the consensus points towards a steady market.
12/13/2023
Vistra acquires Kroll Luxembourg manco
Kroll ManCo will be rebranded to Vistra at a later date.
12/12/2023
Vacation Scheme: A Student's Perspective
The Vacation Scheme is a very good thing to do as it provided me with an insight into the reality of working life at a law firm.
12/12/2023
Crestbridge teams up with Midnight to offer career advice to students
James has worked with Crestbridge for a number of years
12/12/2023
RGA Bermuda subsidiary's rating affirmed
AM Best notes that mortality increased in 2020 and 2021 due to COVID-19, leading to losses in the individual life insurance segment.
12/12/2023
Guernsey’s economy “grew strongly” in 2022
This is another year of healthy growth for Guernsey
12/12/2023
Global Atlantic in $10bn reinsurance deal with Manulife
Global Atlantic said the company has established a 20-year track record, successfully completing more than 40 transactions with nearly 30 clients and reinsuring more than $140 billion of assets since inception.
12/11/2023
Ravenscroft picks up two WealthBriefing awards
Each of these categories is highly contested and is subject to a rigorous process before the ultimate winner is selected by the judges.
12/11/2023
FIMBank hosts corporate clients’ reception at the Corinthia Palace
Opportunity for management to interact with clients
12/11/2023
Guernsey-domiciled Gresham House fund raises £450m to support sustainable infrastructure solutions
The fund is backed by twelve investors