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A new report by the Bermuda Monetary Authority (BMA) claims that Bermuda re/insurers remained profitable and well capitalised in 2016, despite soft pricing, an abundance of capital and competition from the insurance linked securities market. 29 November 2017
News
Bermuda is a leading jurisdiction for insurance business and leads the way in providing a global example of transparency and compliance, according to Premier David Burt. 28 November 2017
News
Sirius International Insurance Group (SIIG) has decided to exercise its call option to acquire all of Delek Group’s remaining 47.35 percent stakes in Phoenix Holdings, a leading insurance group in Israel that writes life and non-life business. 28 November 2017
Re/insurance
AM Best expects to see more of Fannie and Freddie’s mortgage risks finding their way to the reinsurance market, says Emmanuel Modu, managing director at AM Best. 27 November 2017
Life
The understanding and ownership of scientific content will become a focal point of future catastrophe modelling, says Lixin Zeng, chief executive officer of Validus AlphaCat. 27 November 2017
News
Ascot Group has launched Bermuda-based Ascot Reinsurance after getting approval from the Bermuda Monetary Authority (BMA). 27 November 2017
News
The Government of Bermuda has noted the statement made last week in the House of Commons by the Rt Hon Jeremy Corbyn MP, Leader of Her Majesty's Opposition, who asked Prime Minister Theresa May if the UK Government would be “blacklisting tax havens like Bermuda”. 27 November 2017
News
Bermuda’s Premier David Burt will join more than two-dozen Bermuda executives in a multi-industry forum being held in London on November 28 that will highlight the breadth of expertise and advantages offered by the island's global business market. 24 November 2017
News
Richard Heppell has been appointed chief financial officer (CFO) of Neon. He was previously at MS Amlin. 24 November 2017
News
Hamilton Re is inviting applications from college-aged students who are interested in participating in the company’s Summer 2018 intern programme. 23 November 2017
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