Hashtag: #BermudaInsurance

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

Aon Recognized With 2016 Trading Risk Awards

Aon Recognized With 2016 Trading Risk Awards

Aon plc received top honors at the 2016 Trading Risk Awards last week, as Aon Securities CEO Paul Schultz won Outstanding Contributor of the Year and Aon Insurance Managers [AIM] won Market Facilitator of the Year. A spokesperson said, “As CEO of Aon Securities, Paul has helped develop the firm’s market leading practice advising clients on M&A,... Read more of this article

BHF Honours John Wight & Awards Scholarships

BHF Honours John Wight & Awards Scholarships

On Friday, the Bermuda Health Foundation [BHF] honoured John Wight, President and CEO of BF&M Insurance Group for his contribution to the insurance industry and the Bermuda community generally. Mr. Wight is also the President of the Bermuda Chamber of Commerce. In an acceptance speech after being presented with the “Salute to Service” Award... Read more of this article

Freisenbruch-Meyer Launches Cyber Insurance

Freisenbruch-Meyer Launches Cyber Insurance

Bermuda-based Freisenbruch-Meyer Insurance Services Ltd. [FMIS] has announced the launch of its new cyber liability protection product, Security & Privacy Insurance. A spokesperson said, “This product launch coincides with the increasing demand from Bermuda’s businesses for the most up-to-date cyber insurance protection. As a recognized... Read more of this article

Specialist Insurer Neon Opens Bermuda Office

Specialist Insurer Neon Opens Bermuda Office

Neon, the specialist Lloyd’s insurer, has opened an office in Bermuda and say they have “bold ambitions to grow our Bermudian platform, and anticipate adding both personnel and product lines in the near future.” “Located at 29 Victoria Street, Hamilton, the office is now writing business and will be headed up by Chris Fisher, a Bermudian... Read more of this article

BFIS And Drinker Biddle Host Regulatory Panel

BFIS And Drinker Biddle Host Regulatory Panel

The Bermuda Foundation for Insurance Studies [BFIS], which is celebrating its 20th anniversary, and Drinker Biddle’s Insurance Regulatory and Transactional Team hosted a panel titled ‘A Medley of Current Industry Issues: New Exposures/New Products, Regulator Competition and U.S. Solvency Modernization: 2016/17 Landscape’ on June 2. The... Read more of this article

Over 800 Delegates Attend Captive Conference

Over 800 Delegates Attend Captive Conference

With a record-breaking attendance of more than 800 delegates, of which half were overseas participants, this week’s Bermuda Captive Conference has been hailed a major success. The three-day conference, which wrapped at the Fairmont Southampton Resort today, attracted a total of 809 delegates in its 12th year—with more than 50 percent travelling... Read more of this article