03/10/2023
New ‘best of Bermuda’ broker to plug the knowledge gap
In this hard market, there are opportunities for a new type of brokerage that has technology at its core combined with deep broking knowledge and expertise.
AIM and Hedge Funds
03/10/2023
AM Best: 1/1 renewals brought badly needed rate increases
“Some of this caused the recent soft market that the industry is going through,” he said.
03/10/2023
Guernsey’s next generation invests in their future
At the start of the competition in October, the teams were each given a fictional £1 million to invest.
03/09/2023
Specialty lines steadily growing in Bermuda market
One challenge was whether to hire a team of specialist underwriters or a team of generalist underwriters, he said.
03/09/2023
Bermuda leading the way on legacy insurance
“I think the conventional wisdom for years was a business with no new premium coming in was inherently much more risky than a business where you were still continuing to underwrite.”
03/09/2023
‘Opportunists’ causing more insurance claims are in the sights of ratings agencies
Petrelli was speaking at a panel debate titled “Global Financing Conditions—a Rating Agency Discussion”, on the second day of the Summit at the Fairmont Hamilton Princess.
03/08/2023
Apex builds out its Brazilian presence
BRL DTVM grows Apex Group’s footprint in Brazil to more than 300 employees, enhancing open-ended fund-servicing capabilities to the local market.
03/08/2023
SiriusPoint and Arcadian Risk extend partnership to 2026
SiriusPoint is a key partner to the company, providing the majority of Arcadian’s underwriting capacity.
03/08/2023
‘Insurance is just one implement in the toolbox’ Bermuda Risk Summit hears
Sullivan said: “We must ask if your insurance is serving society as a whole."
03/08/2023
Carey Olsen marks International Women's Day 2023 with the launch of Women's Network
Among other things, Network members will benefit from access to mentoring from female partners and other senior women, support with career planning and business development, and skills and leadership training.
03/08/2023
Bright future ahead for Florida insurance sector
A ream of legislative changes passed in the Sunshine State in 2022, including one that means proof of breach of contract is now required to assert a bad faith claim.
03/08/2023
Startups and cat leading to welcome talent surge in Bermuda
Radford said hiring Bermudians was “very much front and centre of our mind”.
03/07/2023
PwC: Bermuda insurers well positioned to deliver higher returns
It's shown fantastic resilience, it continues to innovate and it remains a market that attracts new capital and new entrants.
03/07/2023
Optimism opens an anniversary year
Despite this backdrop, at The International Stock Exchange (TISE), 2022 was the second-best year for new listings
03/07/2023
Artex CEO wins lifetime achievement award
She eventually became CEO of Tokyo Marine Solutions and later head of the Bermuda Branch at Tokyo Millenium Re AG.
03/06/2023
Kathleen Faries receives WiRe lifetime achievement award
The gala was developed to mark WiRe’s 15th anniversary and highlight the significant contributions of women in Bermuda’s reinsurance industry.
03/06/2023
Bermuda executives named to Captive Review Power 50
The organisation said more than 7,800 captive professionals responded to its call for nominations for what it said is the “guide to the must-know people in the world of captive insurance”.
03/06/2023
Ariel Re becomes first sponsor to use London Bridge 2
Ariel Re underwrites five focused lines of business – property catastrophe, cyber, marine and specialty, professional lines and clean energy
03/06/2023
Peter Mullen to be inducted into Captive Review Hall of Fame
Mr Mullen left to become global CEO of Aon Captive and Insurance Management in 2011, before returning to Artex in 2019 to assume the role of CEO.
03/03/2023
Fidelis confirms intention to pursue an IPO
The main investors in Fidelis are now: Capital Z Partners, The Travelers Companies, Blackstone, Further Global Capital Management and Alfa Insurance.