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News
The Bermuda Foundation For Insurance Studies (BFIS) has awarded $230,000 in new scholarship funding to 10 students who want careers in Bermuda’s insurance sector. 16 July 2018
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AM Best has confirmed that its financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of StarStone Insurance Bermuda and its subsidiaries remain unchanged. 16 July 2018
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Bermuda’s government is making a determined push to attract companies involved in the new and developing area of cryptocurrencies—and there are many reasons the risk transfer industry should watch this space carefully. Bermuda:Re+ILS reports. 13 July 2018
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Bermuda’s past and present insurance leaders, as well Government ministers, have spoken about the Island’s potential as a re/insurance market in the coming years at the 25th anniversary leadership forum of the Association of Bermuda Insurers and Reinsurers (ABIR). 13 July 2018
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The Association of Bermuda International Companies (ABIC) has announced that its diversity & inclusion (D&I) Committee is engaging with business leaders on the Island in an effort to advance dialogue, collaboration and action on D&I within the workplace. 13 July 2018
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Ascot has created a new US marine insurance team, which is led by Chris Piazza as its executive vice president and head of US marine insurance. 13 July 2018
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Everest Re Group subsidiary Everest Insurance has appointed Patricia McMahon to the position of senior vice president and chief claims officer. 12 July 2018
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Brit and Advent Capital Holdings have announced the potential combination of some of their Lloyd’s business in the wake of a strategic review. 12 July 2018
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The cyber insurance market is growing steadily but is awaiting a real growth spurt, say AM Best’s Fred Eslami and Bobby Skrabal. 12 July 2018
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Hiscox recently announced it had expanded into the ILW market with a new cyber product—the first to respond specifically to cyber losses. The company explains how it developed the new product and how innovation and ILWs may be natural bedfellows. 11 July 2018
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