News
Chubb reveals details of $20bn US-backed shipping insurance plan
20+ hour, 59+ min ago (217+ words) Chubb, the Swiss-based global insurer with offices in Bermuda, has outlined the structure of the US-supported plan to provide a maritime insurance backstop to encourage shipping to restart in the Middle East. The US International Development Finance Corporation, which is…...
QBE launches primary insurance business in Bermuda
2+ week, 2+ day ago (240+ words) QBE has started writing primary insurance through its Bermuda operations and has appointed two underwriters to lead the business. The insurer and reinsurer's new business will focus on property and excess casualty lines. The company announced the appointment of Saadia…...
Business fire highlights hidden risk
2+ mon, 2+ day ago (660+ words) A fire that tore through a long-standing Paget clothing shop last month has drawn fresh attention to a quieter but persistent risk facing Bermuda's business community: underinsured and uninsured commercial properties. The blaze at Hose's Fashions & Accessories on South Road…...
IRLA to host legacy insurance conference
2+ mon, 1+ week ago (266+ words) The Bermuda branch of the Insurance and Reinsurance Legacy Association will host its first conference later this month to shine a spotlight on the island's growing role in the global legacy insurance and reinsurance market. The first-ever IRLA Bermuda Conference…...
Cyber insurance demand expected to stay strong
8+ mon, 1+ week ago (303+ words) Demand for cyber insurance coverage remains strong and is anticipated to continue as more individuals and businesses consider the growing future risks. This is the view of a global credit rating agency, news publisher and data analytics provider specialising in…...
KPMG launches captive insurance scholarships
9+ mon, 1+ week ago (278+ words) Bermuda's captive insurance industry took a major step towards nurturing local talent this week with the launch of a new $30,000 internship and scholarship programme, announced live at the Bermuda Captive Conference. Bron Turner, partner at KPMG Bermuda, revealed the first…...
Hamilton Insurance Group excellent ratings affirmed
10+ mon, 2+ week ago (579+ words) Hamilton Insurance Group member companies have maintained excellent credit ratings in a recent assessment. AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer ... Hamilton Insurance Group member companies have maintained excellent credit ratings in…...