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Argo Insurance, a subsidiary of Argo Group International Holdings, has announced a partnership with Front Line Safety to enhance value for restaurant and grocery store policyholders. 4 December 2017
News
The Bermuda Monetary Authority (BMA) has announced that it is requiring Class 4 and Class 3B insurers and reinsurers on the island, as well as Bermuda insurance groups, to conduct prescribed stress/scenario testing and analysis. 4 December 2017
News
Bermuda’s Premier and Minister of Finance David Burt, JP, MP, has signed a Country by Country Competent Authority Agreement with the United Kingdom. 1 December 2017
News
The value of Bermuda’s foreign portfolio investment assets increased by 8 percent in 2016 as a result of growth in the insurance sector’s total assets, according to the latest Coordinated Portfolio Investment Survey (CPIS) released by the Bermuda Monetary Authority (BMA). 1 December 2017
Re/insurance
ILS as an investment class could benefit from diversity but this must be done with care. Objective triggers must be created carefully to allow for proper pricing, as Clive O’Connell of McCarthy Denning explains. 30 November 2017
Re/insurance
Rather than taking advantage of a potential market shift following Harvey and Irma, it’s more important that we think about the transformational steps we can take to expand the ILS market, says Tom Johansmeyer of Verisk Insurance Solutions. 30 November 2017
ILS
In light of stiff competition—from new entrants such as London as well as the more established players—Bermuda has worked hard to maintain its position as the stock exchange of choice for ILS. Greg Wojciechowski of the Bermuda Stock Exchange explains how Bermuda’s support of the asset class is continuing to evolve. 30 November 2017
News
RenaissanceRe Holdings has sponsored a forum that brought together around 100 leading insurance industry experts, policy makers, scientists and environmentalists at Lloyd’s of London to discuss strategies for improving natural catastrophe resiliency and closing the protection coverage gap. 30 November 2017
News
Sompo Holdings, which owns Bermuda-based Sompo International Holdings, has said it is planning to enter the cyber security business at the start of 2018. 30 November 2017
News
The insurance industry has been a key driver in the synergy that links Bermuda to London, according to Ross Webber, CEO of Bermuda’s Business Development Agency (BDA). 29 November 2017
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