Tag: Bermuda insurance

$480,000 In Scholarships Awarded To Students

$480,000 In Scholarships Awarded To Students

The Bermuda Foundation for Insurance Studies [BFIS] recently awarded more than $480,000 in scholarship funding to 15 students, bringing the total amount that the Foundation has given out since it was formed to more than $5 million, all funded by the insurance industry. A spokesperson said, “Over 60 guests attended the Bermuda Foundation For Insurance... Read more of this article

BII Partners With Wharton School Of Business

BII Partners With Wharton School Of Business

The Bermuda Insurance Institute [BII] has again partnered with the Wharton School of Business in order to offer a Leadership Program aimed at grooming the next generation of Bermuda insurance professionals. A spokesperson said, “This year there are 19 professionals from 11 different companies participating in the course. Part one of the program... Read more of this article

Colonial Insurance Backs Road Safety Initiatives

Colonial Insurance Backs Road Safety Initiatives

Colonial Insurance Company Limited said they are backing attempts by the police and Government to make Bermuda’s roads safer. The Senate has just passed the Motor Car Amendment Act 2014 which gives police more powers to impound vehicles if the motorist is drinking and driving. Paul Brierley, Colonial Insurance Company Limited’s Executive Vice President... Read more of this article

Endurance Launches New U.S. Insurance Unit

Endurance Launches New U.S. Insurance Unit

Endurance Specialty Holdings Ltd. yesterday [July 7] revealed that Mark Maritzen has joined the company as Executive Vice President and Head of Commercial Property within its U.S. Insurance operation. With almost twenty years of experience in the insurance industry in both underwriting and broker roles, Mr. Maritzen will be responsible for building... Read more of this article

Overseas Training For Insurance Students

Overseas Training For Insurance Students

From July 7th to 18th, three teams of four Bermudian university students will be learning in depth about the insurance business in Atlanta, Chicago or London. This Wednesday they all met in the BFIS office for a briefing by Michael Fisher, BFIS Chairman and four of last year’s interns – Chris Wright, Tucker Moore, Campbell Tucker and Somer Zuiker... Read more of this article

Wind River Changes Name To Global Indemnity

Wind River Changes Name To Global Indemnity

Effective June 10th, 2014, Wind River Reinsurance Company Ltd. changed its name to Global Indemnity Reinsurance Company Ltd to “better align with its publically traded parent company Global Indemnity Plc.” Global Indemnity Reinsurance Company Ltd., based in Bermuda, is a wholly-owned non-US reinsurance operating subsidiary of Global Indemnity... Read more of this article

CD&P: New Registrations “Steadily Increasing”

CD&P: New Registrations “Steadily Increasing”

More insurance companies with a physical presence and long-term plans to grow are forming in Bermuda, creating new jobs and opportunities for the industry, according to one of the Island’s leading law firms. Michael Frith, a director at Conyers Dill & Pearman Limited’s Bermuda office, said new insurance registrations were “steadily increasing.” “Not... Read more of this article

Andrew Soares Appointed Chairman Of BII

Andrew Soares Appointed Chairman Of BII

The Bermuda Insurance Institute today announced that Andrew Soares was appointed to the position of Chairman of the Bermuda Insurance Institute [BII] at its recent AGM. Other officers appointed to the BII Council were Shannon Totten, Vice Chairman, Philip Burrill, Honorary Treasurer, Carol Parker Trott, Honorary Secretary, and Chris Fisher, Immediate... Read more of this article

Allied World Reveals Event Liability Coverage

Allied World Reveals Event Liability Coverage

Allied World Assurance Company Holdings revealed yesterday [June 25] that Allied World North America and WKFC Underwriting Managers have launched a special event liability program that can cover a wide variety of risks in all 50 U.S. states. T he new program is targeted to address the duration of an event for up to a period of 12 months. Available coverages... Read more of this article

Aspen Insurance Expands Into Latin America

Aspen Insurance Expands Into Latin America

Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited, revealed today that it is expanding its presence in Latin America with the opening of a regional hub in Miami, Florida. In the first instance, the Miami office will serve the needs of the burgeoning energy market throughout the region, with the expanded energy team within Aspen... Read more of this article


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