News
Brookfield deepens Bermuda footprint as insurance platform nears $200bn
4+ hour, 20+ min ago (328+ words) Brookfield is moving to combine its parent company with its wealth solutions business as the global investment giant deepens its Bermuda footprint and pushes ahead with plans to build what it described as a "fully integrated insurance and investment organisation…...
ILS Bermuda announces leadership changes
1+ mon, 1+ week ago (542+ words) ILS Bermuda has announced a slew of leadership appointments, including Hanni Ali as its new chairman. Mr Ali, the chief executive officer of Radix ILS, takes over from Jo Stanton, chief financial officer of Tangency Capital, who steps down after…...
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1+ mon, 2+ week ago (10+ words) Custodian Life director barred from insurance sector'Royal Gazette | Bermuda...
Everest agrees to sell Canadian retail insurance business
1+ mon, 3+ week ago (351+ words) Global specialty insurer and reinsurer Everest Group has agreed to sell its Canadian retail insurance operations to the Wawanesa Mutual Insurance Company. The transaction is expected to close in the second half of 2026, subject to regulatory approvals and closing conditions....
Chubb reveals details of $20bn US-backed shipping insurance plan
1+ mon, 3+ week 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+ mon, 1+ week 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
3+ mon, 3+ week 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
4+ mon, 1+ day 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
10+ 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
11+ mon, 4+ day 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…...