News relating to the Bermuda and international insurance and reinsurance industry.
Bermuda has ordered testing kits, as well as extra hand sanitiser, protective masks, gloves and other personal protective equipment, as it prepares for a worst-case scenario with respect to COVID-19.
The Bermuda Business Development Agency (BDA) has postponed the upcoming Bermuda Executive Forum New York 2020, scheduled for March 19, and the associated networking reception scheduled for March 18.
IGI Bermuda, the Bermuda subsidiary of International General Insurance Holdings Limited (IGI) has received provisional NAIC approval to write US excess and surplus business.
MS Amlin will act as title sponsor for Bermuda’s World Triathlon Series for the third consecutive year, with Carey Olsen Bermuda also joining, as an official partner.
Foundation Platform Technologies (FPT) has launched an ILS and reinsurance deal pricing and rollup platform called Foundation in partnership with Treefrog Consulting.
The insurance-linked securities (ILS) market has provided reinsurance capital of between $88 billion and $93 billion, according to new AM Best’s Commentary, titled Insurance-Linked Securities Market Looks to Future After Servicing Record Cat Losses.
The Government of Bermuda has issued a poster detailing COVID-19 prevention tips and is urging people in Bermuda to display it in their workplaces.
Nine Bermudian initiatives and organisations have benefitted from the charitable support of Hiscox in 2019.
Global specialty re/insurer MS Amlin marked International Women’s Day on March 8 by announcing its plans to roll out its “courageous bystander” training to encourage employees to speak out and challenge poor behaviours. The company restated its commitment to gender diversity while acknowledging that it still has some way to go.
Bermuda-based insurer Lancashire Holdings' AGM will take place on 29 April 2020 12.30pm Bermuda time at its Hamilton head office.