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U.S. and Bermuda reinsurers reported strong operating performance for the first six months of 2022, supported by continued pricing increases in most reinsurance and specialty lines of business as ...
Bermuda's advantageous tax status for the insurers and reinsurers will be reduced at the margin with the expected passage of the recent multilateral agreement to establish a 15% global minimum tax ...
Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a newly formed Lloyd's syndicate. Operating with initial ...
InsurTech NY and the Bermuda Business Development Agency are teaming up for the 2021 InsurTech Early-Stage Competition. Bermuda's lucrative reinsurance market could benefit from the arrangement, ...
Arch Capital Group Ltd. said it would pay $622 million in cash for Watford Holdings, a Bermuda-based property/casualty insurer and reinsurer it already has a stake in and helped launch in 2014. ...
Arcadian Risk Capital is launching as a new underwriting operation based in Bermuda that will initially underwrite excess casualty and professional lines insurance. John Boylan, a 30-year veteran of ...
Cryptoasset insurer Evertas secured a license from the Bermuda Monetary Authority to start operating from the jurisdiction. Evertas' operations in Bermuda will now aim to start issuing policies for ...
Bermuda's insurance market gains reciprocal status with the U.S. as of Jan. 1, 2020, something that industry and business groups there are celebrating as they countdown to the new year. Reciprocal ...
Some executive leadership changes are coming to global reinsurer PartnerRe. Executive Vice President and Chief Financial Officer Mario Bonaccorso plans to retire on March 31, 2020 to pursue a new ...
Cleanup crews in Bermuda were busy at work on Thursday after Hurricane Humberto grazed the island, which escaped major harm despite winds that reached around 100 miles per hour (161 kph) snapping ...
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