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3 October 2023 The island’s Premier says the Government is recovering well from a major cyber-attack.
3 October 2023
Latest Features
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Mark Twite says inflation alone means more capital needs to come into the industry.
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The rapid expansion of Bermuda’s life reinsurance sector could result in regulatory changes that will impact everything from the management of assets and liabilities to investment allocations for insurers, say Barton R. Holl and Angel Zhu of SLC Management.
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Local governments and insurers need to do more to mitigate risk, says commissioner and NAIC co-chair Ricardo Lara.
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Life and P&C reinsurer Fortitude Re has come a long way in a short time by being a solutions provider for its clients, its top executives tell Bermuda:Re+ILS.
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Bermuda’s long-term and life re/insurance sector has boomed in recent years, but such a strategy for life insurers does not come without risks, some of which have been highlighted in a new report by Moody’s Investors Service.
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After a lull following Russia’s invasion of Ukraine, ransomware attacks are again hitting headlines, business budgets and insurers as criminals regroup and alter strategies, and re/insurers and their customers are facing a new threat landscape.
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Market conditions in speciality business are good—and should remain attractive for the foreseeable future. This offers carriers the opportunity to de-risk other parts of their book and diversify, Olly Goodwin of Aspen Re tells Bermuda:Re+ILS.
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Price Forbes (Bermuda) was conceived just three years ago to fill a dislocation in the market. Colin Kelley of the firm explains why there was a need for an independent player and describes the firm’s journey and growth so far, since inception.