Hashtag: #BermudaInsurance

BFIS Scholars Lunch With Mentoring Group

BFIS Scholars Lunch With Mentoring Group

For the final Bermuda Foundation for Insurance Studies [BFIS] event of the summer, the BFIS Mentoring and Alumni Committees hosted the 26 current BFIS scholars to lunch on August 16. A spokesperson said, “This annual event gives the new scholars a chance to get to know everyone on a more personal basis and establish mentoring relationships with... Read more of this article

Survey: ABIR Members Contribute $834.3 Million

Survey: ABIR Members Contribute $834.3 Million

Members of the Association of Bermuda Insurers and Reinsurers [ABIR] directly contributed $834.3 million to the Bermuda economy in 2015, with aggregate spinoff benefits estimated to multiply the impact, according to ABIR’s 11th annual Bermuda Economic Impact Survey released today [August 17]. Twenty-one Bermuda-based ABIR member companies participated... Read more of this article

BFIS Hold End Of Summer Networking Event

BFIS Hold End Of Summer Networking Event

Before heading off to colleges overseas, Bermudian students who are focused on careers in Bermuda’s insurance industry had another opportunity to hone their networking skills at the Bermuda Foundation For Insurance Studies [BFIS] ‘End of Summer’ networking party. Over 60 BFIS scholars, alumni, trustees, committee members and industry leaders spent... Read more of this article

PwC: Blockchain Could Be Transformative Tech

PwC: Blockchain Could Be Transformative Tech

According to PwC Bermuda, Blockchain could be a transformative technology changing the way the wholesale insurance industry operates. But insurers, reinsurers, underwriters, brokers and a host of other players will need to collaborate with one another – and those from beyond insurance in order to seize all the opportunities on offer. PwC’s blockchain... Read more of this article

100-Year-Old Driver Recognised By Colonial

100-Year-Old Driver Recognised By Colonial

Even at the age of 100, there’s no stopping Brownlow Place who is at his happiest behind the wheel of his favourite Daihatsu. The sprightly centenarian got lessons when he was aged in his 20’s and asked if he still enjoyed driving he said: “Oh yes I do!” Mr Place has never driven overseas and has always stayed on Bermuda’s roads and asked... Read more of this article

Dive In Festival To Celebrate Diversity & Inclusion

Dive In Festival To Celebrate Diversity & Inclusion

The Bermuda insurance community will join Lloyd’s and cities around the world later this year in an initiative aimed at highlighting the business case for diverse and inclusive workplaces and providing practical ideas and inspiration for how to bring about positive change. Such was the success of the inaugural Dive In Festival for Diversity &... Read more of this article

16 BFIS Summer Interns Make Presentations

16 BFIS Summer Interns Make Presentations

On Thursday, this summer’s 16 BFIS Interns made presentations to over 50 insurance professionals, former interns and BFIS scholars on what they had learned during their immersion in the insurance markets of Atlanta, Bermuda, Chicago and London. London interns included Rachel Soares [International Business/UWE] and Tatyana Butterfield [RM & Insurance/Temple]... Read more of this article

A.M. Best Affirms Ratings Of IGI And Subsidiaries

A.M. Best Affirms Ratings Of IGI And Subsidiaries

Insurance and reinsurance rating agency A.M. Best has affirmed the financial strength rating of A- [Excellent] and the issuer credit rating [ICR] “A-” of International General Insurance Company Limited [IGI] [Bermuda] and International General Insurance Company [UK] Limited [IGI UK] [United Kingdom]. The news follows rating agency Standard &... Read more of this article

Argo Provides Q2 Preliminary Loss Estimates

Argo Provides Q2 Preliminary Loss Estimates

Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced preliminary pre-tax loss estimates from catastrophes of $23 million, net of reinsurance and reinstatement premiums for the three-month period ended June 30, 2016. “Catastrophe losses in the quarter are... Read more of this article

Affordable D&O Insurance Available: Non-Profits

Affordable D&O Insurance Available: Non-Profits

The Centre on Philanthropy and Freisenbruch Meyer Insurance Services Ltd. have partnered to offer affordable Directors & Officers Insurance for non-profits A spokesperson said, “As part of our expanded non-profits Benefits Alliance and Collaboration Platform, The Centre on Philanthropy in partnership with Freisenbruch Meyer Insurance Services... Read more of this article

S&P Reaffirms ‘A-’ Ratings For IGI Bermuda

S&P Reaffirms ‘A-’ Ratings For IGI Bermuda

Standard & Poor’s Ratings Services [S&P] reaffirmed the “A-” insurer financial strength and counterparty credit ratings on International General Insurance Company Ltd [IGI]’s Bermuda and “A-” insurer financial strength rating for UK operations and affirmed its stable outlook. In March last year, S&P upgraded the Group’s financial... Read more of this article

Insurance Interns Head Overseas For Programs

Insurance Interns Head Overseas For Programs

Twelve Bermudian undergraduates left for Atlanta, Chicago, and London this past weekend in order to start their two week BFIS ‘Intro‐to‐insurance’ summer intern programmes. Each team of four students will be “learning in depth about all aspects of the insurance business.” Traveling to Atlanta were Chelsy Furtado [accounting/Acadia],... Read more of this article

Intrepidus: New Local Insurance Broker Launches

Intrepidus: New Local Insurance Broker Launches

Intrepidus Insurance Services [Intrepidus], a new local insurance broker, today [June 27] announces its official launch. “Intrepidus is a full-service independent insurance broker created to assist individuals and businesses in understanding, evaluating and navigating their insurance needs,” the company said. “Bermuda offers a myriad... Read more of this article