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BII Announce Insurance Industry Award Winners

BII Announce Insurance Industry Award Winners

The Bermuda Insurance Institute [BII] announced the winners of the 2015 Insurance Industry Awards, with Stephen Catlin, Jeremy Cox, Victoria Cunningham, Marsh & Guy Carpenter and XL Catlin set to be recognized for their contributions. These Awards applaud exceptional companies and individuals whose contributions to the [re]insurance industry, and/or... Read more of this article

Harneys Promotes Bermuda Practice In Asia

Harneys Promotes Bermuda Practice In Asia

This week, Harneys hosted several events in Asia in order to promote the launch of its Bermuda practice, with Sarah-Jane Hurrion, Managing Partner of Harneys Bermuda, Michael Burns, Head of Corporate and Fiduciary, and Stuart Old, Director, delivering seminars in Hong Kong covering the island’s role in the international economy and its global... Read more of this article

Webinar: Benefits Of Bermuda Captive Insurance

Webinar: Benefits Of Bermuda Captive Insurance

The benefits of Bermuda-based captive insurance for Latin American corporations is the focus of a webinar being hosted by the Bermuda Business Development Agency [BDA] next week. The BDA said, “The hour-long webcast, scheduled for 1 pm Bermuda time/AST [GMT -4], Wednesday, April 27, will be conducted entirely in Spanish. “A panel of Bermuda-based... Read more of this article

Stephen Catlin To Serve As Chairman Of IDF

Stephen Catlin To Serve As Chairman Of IDF

Leaders of the United Nations, the World Bank Group and the insurance industry today announced the formation of the Insurance Development Forum [IDF] which occurred at a high level meeting in Washington, DC held last week, with Stephen Catlin set to chair the IDF. The IDF aims to: 1] incorporate insurance industry risk measurement know-how into existing... Read more of this article

Reinsurers Good Fortune, But Is It Sustainable?

Reinsurers Good Fortune, But Is It Sustainable?

Stock prices for publicly traded reinsurance companies increased moderately during 2015 and remained well above the overall market with just two of these 18 companies experiencing negative stock price movement, according to a new A.M. Best report focused on reinsurance companies’ stock performance in fourth-quarter 2015. The Best’s Special Report,... Read more of this article

Bermuda Delegation Showcases Island At RIMS

Bermuda Delegation Showcases Island At RIMS

Bermuda’s delegation of government, industry and regulatory officials had a successful first day showcasing the jurisdiction at the Risk and Insurance Management Society [RIMS] annual conference and exhibition in San Diego, California. Insurance industry media met for interviews at RIMS 2016, with Bermuda’s delegation, including Premier Michael... Read more of this article

Chubb Announces Leadership Appointments

Chubb Announces Leadership Appointments

Chubb Limited announced the leadership team for its insurance operations in Bermuda, with the new leadership appointments taking effect immediately. A spokesperson said, “On 14 January 2016, ACE completed its acquisition of Chubb. ACE Bermuda is expected to become Chubb Bermuda in the second quarter of 2016. As previously announced, Joseph S.... Read more of this article

BMA Hosts International Insurance Meetings

BMA Hosts International Insurance Meetings

For the first time since November 2014, the Bermuda Monetary Authority has hosted meetings of the International Association of Insurance Supervisors [IAIS] in Bermuda. The three IAIS groups which met at the Authority were: the Index-Based Insurance Drafting Group, cochaired by the IAIS and the World Bank, on 8th – 10th March; the Macroprudential... Read more of this article

Experts On Changes To UK Insurance Law

Experts On Changes To UK Insurance Law

A leading UK attorney is to address a seminar in Bermuda on changes to the UK’s insurance laws – the first significant revisions in the UK for more than a century. The UK Insurance Act 2015 is due to come into force on August 12, 2016 and will apply to all contracts [and variations thereto] entered into after that date that are expressly or impliedly... Read more of this article

Traver Alexander Promoted To Public Policy Rep

Traver Alexander Promoted To Public Policy Rep

The Association of Bermuda Insurers and Reinsurers’ [ABIR] announced today the promotion of Traver Alexander [pictured] to Senior Public Policy and Regulatory Affairs Representative. He will continue to have responsibility for several areas of ABIR’s Bermuda public policy and research projects and outreach. “Traver has been a valued part of ABIR’s... Read more of this article

Speed Networking For High School Students

Speed Networking For High School Students

This week BFIS is holding three Speed Networking Lunches specifically for high school seniors from each of Bermuda’s high schools. Monday, February 22 was aimed at students interested in Actuarial Science or Law and was held in the BFIS offices. Wednesday was for students who wanted to learn more about careers in accounting or finance and was held... Read more of this article

BII Highlights Career Pathways Program Students

BII Highlights Career Pathways Program Students

As part of the first annual Insurance Careers Month, the Bermuda Insurance Institute [BII] is shining the spotlight on local students who are taking steps to get a head start in the industry. One of those students is Berkeley Institute pupil Imani Smith, who is just a few months away from completing an Associates in General Insurance [AINS] designation... Read more of this article

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