Tag: Bermuda insurance

ABIR Members Report $11.7 Billion Net Income

ABIR Members Report $11.7 Billion Net Income

The Association of Bermuda Insurers and Reinsurers [ABIR] today [Apr 17] released the 2013 global underwriting results for its member re/insurers. Eighteen of 21 member re/insurers participated in this 2013 report. The companies write insurance and reinsurance from underwriting centers in Bermuda, Europe, Asia, and North and South America. The 18 re/insurers... Read more of this article

TCD: Bentley Mutual Policy Holders “Not Insured”

TCD: Bentley Mutual Policy Holders “Not Insured”

Individuals with a Bentley Mutual Insurance Company certificate who are operating a car or cycle “should immediately consider that they are uninsured,” the Transport Control Department [TCD] said. The statement from TCD advised holders of Bentley insurance coverage that they are not insured under the Motor Car Insurance [Third Party Risks]... Read more of this article

Catlin Announces General Aviation Consortium

Catlin Announces General Aviation Consortium

Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, has announced the formation of the General Aviation Consortium at Lloyd’s Asia to write General Aviation insurance and reinsurance risks based in the Asia-Pacific and Middle East regions. The Company said, “Established on April 1, the Consortium offers... Read more of this article

Bermuda Insurance Institute Moves Location

Bermuda Insurance Institute Moves Location

After 19 years at its previous location, the Bermuda Insurance Institute [BII] has moved to a purpose built facility in Sofia House. The Governor officially opened the new premises, and in his remarks he noted the reciprocal relationship between Bermuda and the insurance industry saying, “Bermuda is good for insurance and insurance is good for Bermuda.”... Read more of this article

Hiscox Re Announces New Senior Appointments

Hiscox Re Announces New Senior Appointments

Hiscox Re, the newly combined reinsurance operations of Hiscox, has continued to strengthen its senior management team with the appointments of Reeva Bakhshi as Chief Financial Officer and Paresh Thakrar as Chief Operating Officer. As Chief Financial Officer, Reeva Bakhshi will be based in Hiscox’s Bermuda office. She previously held a number of high... Read more of this article

Premier, Ministers To Attend RIMS Conference

Premier, Ministers To Attend RIMS Conference

Bermuda is set to reinforce its position as a global leader in risk solutions at the annual Risk & Insurance Management Society [RIMS] Conference taking place in Denver, Colorado, from April 27 – 30th. Those in attendance will include Premier Craig Cannonier, Minister of Education & Economic Development Dr. Grant Gibbons, Finance Minister... Read more of this article

Video: GR Interviews Premier Craig Cannonier

Video: GR Interviews Premier Craig Cannonier

Premier Craig Cannonier was recently interviewed by GR: Global Insurance Intelligence concerning the future of the insurance and reinsurance industry on the island. The interviewer Jack Grocott, opened with a question regarding Premier Cannonier’s comments regarding his goal of continued growth in Bermuda’s re/insurance market. “In... Read more of this article

Freisenbruch-Meyer Named As Assurex Partner

Freisenbruch-Meyer Named As Assurex Partner

After a thorough vetting process, Assurex Global invited Freisenbruch-Meyer Insurance Services Ltd. to be a member of Assurex Global as their exclusive Partner in Bermuda. Assurex Global is a partnership of the world’s premier independent insurance agents and brokers, with more than $28 billion in annual premium volume and more than 600 Partner offices. A... Read more of this article

XL Group Works With Victor Scott Students

XL Group Works With Victor Scott Students

XL Group has successfully completed a four-month program designed to teach Victor Scott Primary School students about the business world and to inspire them to pursue future opportunities available to them. A spokesperson said, “Throughout the program, employees from XL’s Insurance and Reinsurance operations in Bermuda engaged with 9- and 10-year... Read more of this article

BMA To Review Friendly Society’s Insurance

BMA To Review Friendly Society’s Insurance

The Bermuda Monetary Authority said it has “become aware of property, home, automobile and motorcycle insurance policies being sold by a friendly society in Bermuda to persons who are, or become members of the society. ” The Authority said they wish to “advise that the offer of such policies by an entity, which is registered under... Read more of this article


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