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Bermuda plays a special role in the global economy, billionaire Michael Bloomberg has announced at an event in New York. 19 May 2017
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Bermuda-based Essent Group, which offers private mortgage insurance for single-family mortgage loans in the US, has amended its credit facility to increase the total facility from $200 million to $375 million. 19 May 2017
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The Association of Bermuda Insurers and Reinsurers (ABIR) has hosted a visit by a group of Appalachian State University students. 19 May 2017
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Everest Re Group has announced that Keith Lavigne has joined Everest Insurance as its leader of management and professional liability within Everest Specialty Underwriters. He will be based in the Everest Insurance office in New York City. 18 May 2017
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The Board of Directors of RenaissanceRe Holdings (RenRe) has approved an increase in RenRe's share repurchase program, bringing the total current authorisation to $500 million. 18 May 2017
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A new report from Fitch Ratings says that the global reinsurance market faces soft pricing for at least the rest of 2017. 17 May 2017
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Rating agency AM Best has placed the financial strength rating of A- (Excellent) of Hamilton Re, Hamilton Specialty Insurance Company and Hamilton Insurance Company under review with developing implications. 17 May 2017
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American International Group (AIG) has agreed to buy Hamilton USA from Hamilton Insurance Group. 16 May 2017
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AXIS Capital Holdings has announced that James Martin and Russ Madore have been appointed as vice presidents of US programs, within its property/casualty team. 16 May 2017
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Distributed ledger technology (DLT) and its potential use across the reinsurance industry, as well as current challenges to its broader adoption, was the focus of a recent forum organised by the Institute of Risk Management (IRM) Bermuda Group and EY Bermuda. 16 May 2017
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