News

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The UN’s collaboration with insurers in this ‘decade of action’

Butch Bacani leads the UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI), the largest collaboration between the UN and the insurance industry. For readers of Bermuda:Re+ILS, he articulates the PSI’s ‘master narrative’.   29 November 2022

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Shining a light from Bermuda on climate risk finance

David Hart, chief executive officer of the Bermuda Business Development Agency, explains the enhanced role Bermuda can play in tackling the challenges of climate change.   29 November 2022

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BMA invites engagement on AI/machine learning

More than half of survey respondents expect to be using AI/ML within the next 5 years.   29 November 2022

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Sompo appoints new head of North America Region claims

The appointee joins from The Hartford.   28 November 2022

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Fidelis completes ‘ground-breaking transaction’

Fidelis has regulatory approval for its MGU and balance sheet split.   28 November 2022

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Markel International to merge PFR and cyber units

This will bring “a more holistic approach” to its cyber offering.   25 November 2022

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Lancashire boosts Bermuda and London teams

Bermuda hire hails from Deloitte and Aon.   25 November 2022

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Bermuda company joins COP27 pact

It’s aimed at enhanced cooperation between three risk pools.   24 November 2022

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DeNexus continues European expansion

Its Industrial Cyber Risk Accumulation and CAT modelling Centre of Excellence branches out to the UK.   24 November 2022

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Fitch predicts an at-least 10 percent rise in rates

Calendar-year combined ratio is expected to improve by about 4pp in 2023.   23 November 2022

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