Tag: Bermuda insurance

Marsh And Guy Carpenter Donate $12,500

Marsh And Guy Carpenter Donate $12,500

Marsh and Guy Carpenter revealed today [Aug 21] that they are donating more than $12,500 to several local nonprofit organisations. As a way of making the firms’ annual charity drive more engaging, Marsh and Guy Carpenter this year asked employees for suggestions on where to provide funding. Based on those responses, the financial donations will... Read more of this article

ABIR Members Report Results, Contracts

ABIR Members Report Results, Contracts

The 15 participating members of the Association of Bermuda Insurers and Reinsurers [ABIR] reported a record high contract certainty rate for insurance contracts at 99.0 percent. The year end 2013 results also showed a strong result for reinsurance contracts at 97.7 percent. A spokesperson said, “The monitoring of contract certainty results began... Read more of this article

Colonial Insurance Staff Are Fitter And Trimmer

Colonial Insurance Staff Are Fitter And Trimmer

Staff at one of the island’s insurance firms are getting slimmer and fitter thanks to a wellness programme run through the world famous Virgin Group. Colonial Medical Insurance brought the Virgin Pulse wellness programme to the island earlier this year for clients who have health insurance with the company. It also offered its own staff the chance... Read more of this article

BII To Host Student Recognition Luncheon

BII To Host Student Recognition Luncheon

The Bermuda Insurance Institute [BII] will be hosting this year’s Student Recognition Luncheon on September 16, 2014 at the Harbourfront Restaurant. This year’s key note address will be delivered by industry veteran Mr. Donald Kramer [pictured]. Mr. Kramer is the Chairman of ILS Capital Management Ltd. He has a long history in the insurance and... Read more of this article

Till Capital’s Letter Of Intent With Omega

Till Capital’s Letter Of Intent With Omega

Till Capital Ltd. — a Bermuda domiciled reinsurance provider — has entered into a letter of intent with Omega Insurance Holdings, Inc. a Toronto, Canada based insurance provider, and its shareholders, pursuant to which the Company proposes to acquire all of the issued and outstanding shares of Omega. The letter of intent with Omega includes... Read more of this article

A.M. Best Upgrades Ratings Of Island Heritage

A.M. Best Upgrades Ratings Of Island Heritage

Rating Company A.M. Best has upgraded the financial strength rating to A [Excellent] from A- [Excellent] and the issuer credit rating to “a” from “a-” of Island Heritage Insurance Company Limited [Island Heritage] [Cayman Islands]. The outlook for both ratings has been revised to stable from positive. A statement from the ratings agency said,... Read more of this article

BFIS Summer Interns Make Presentations

BFIS Summer Interns Make Presentations

On July 28, the Bermuda Foundation for Insurance Studies [BFIS] Overseas Summer Interns made presentations to about 40 students and insurance professionals on what they learned after being immersed in the insurance sectors in Atlanta, Chicago, and London for two weeks earlier in July. “This was a wonderful, life-changing opportunity,” said one... Read more of this article

BMA Stats Show Bermuda’s ‘Continued Strength’

BMA Stats Show Bermuda’s ‘Continued Strength’

First half statistics recently released by the Bermuda Monetary Authority [BMA] ”demonstrate the continued strength of Bermuda’s financial services industry and its ability to generate growth despite the uncertain global outlook,” the BMA said. Shelby Weldon, Director of Licensing & Authorisations at the Authority, said, “The... Read more of this article

MoonGate Assists Somerset CC With Cup Match

MoonGate Assists Somerset CC With Cup Match

MoonGate Insurance Ltd and Somerset Cricket Club have teamed up to obtain insurance coverage for the annual Cup Match Classic. It is the first time in the game’s 112 year history, that this has ever been accomplished. The insurance cover is called “Cancellation and Abandonment Insurance” and is designed so that should the cricket match be cancelled... Read more of this article

Oyster Consulting Chairman Addresses Interns

Oyster Consulting Chairman Addresses Interns

Sixteen Bermudian students interested in insurance careers travelled to London, Chicago and Atlanta from July 7-18 to participate in an internship programme sponsored by the Bermuda Foundation for Insurance Studies [BFIS]. The programme enables students to study all aspects of the industry and meet with industry professionals at all levels. On July... Read more of this article


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