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Radius Financial Education, supported by the Bermuda Business Development Agency (BDA), is hosting the first annual World Alternative Investment Summit Bermuda (WAIS Bermuda), to which 250 asset management professionals and investors are expected to attend. 30 June 2016
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Ratings agency AM Best has assigned a financial strength rating of A (Excellent) to the Bermuda-based Hanover Atlantic Insurance Company, which was created in April 2016. 30 June 2016
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The Bermuda Stock Exchange (BSX) Insurance Index has stabilised after experiencing a substantial decline on Monday, when it fell 56.9 points, or nearly 3.5 percent, to 1584.27. 29 June 2016
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AM Best has removed Ironshore’s rating as under review with negative implications and affirmed the financial strength ratings of A (Excellent) for Ironshore and its subsidiaries. 29 June 2016
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Pembroke Managing Agency, a subsidiary of Bermuda-based Ironshore, has updated its financial institutions crime programme to include cyber fraud and cyber extortion. 28 June 2016
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Third Point Re, a reinsurance provider with offices in Bermuda, has entered into new long term investment management agreements with its affiliate, Third Point. 28 June 2016
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Lancashire Holdings, a specialty insurer based in Bermuda, has appointed Matthew Narbett to join Cathedral Underwriting to underwrite property business for Syndicate 2010. 27 June 2016
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Insurance intermediary Freisenbruch-Meyer Insurance Services (FMIS), based in Bermuda, has introduced ‘Security & Privacy’, a cyber liability protection product to its offering. 27 June 2016
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The CEO of the Bermuda Business Development Agency (BDA), Ross Webber, has said that that while Bermuda will be affected by the UK’s decision to leave the EU, it remains well placed to work with business partners from both jurisdictions in the future. 24 June 2016
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The Association of Bermuda Insurers and Reinsurers (ABIR) has stressed that the island will continue to benefit from Solvency II equivalence despite the UK’s voted to exit from the EU. 24 June 2016
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