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BFIS Provides $345,000 In Scholarship Awards

BFIS Provides $345,000 In Scholarship Awards

On Wednesday July 12, the Bermuda Foundation For Insurance Studies [BFIS] awarded $345,000 in scholarship funding to 14 students focused on careers in Bermuda’s insurance sector. The total number of current BFIS scholars now at college is 32, which is a funding commitment of $453,500. BFIS has now assisted 179 students with educational funding and... Read more of this article

Dr Philippe Rouja To Speak At Conference

Dr Philippe Rouja To Speak At Conference

Bermudian marine heritage expert Dr Philippe Rouja will give the keynote speech at this fall’s Bermuda Captive Conference [September 10–13] at the Fairmont Southampton. With more than 20 years’ experience, Dr Rouja is an accomplished researcher who currently serves as Principal Scientist at the Department of Conservation Services as well as Custodian... Read more of this article

Bermudians Travel Overseas For BFIS Programs

Bermudians Travel Overseas For BFIS Programs

Over 50 insurance and industry‐related companies will be hosting interns for meetings, presentations, and work‐shadowing during the three Bermuda Foundation For Insurance Studies [BFIS] overseas ‘Intro‐to‐insurance’ programmes, with four Bermudian undergraduates traveling to London last weekend and eight more heading out this weekend to... Read more of this article

BFIS, Drinker Biddle Hosting ‘InsurTech Seminar’

BFIS, Drinker Biddle Hosting ‘InsurTech Seminar’

The Bermuda Foundation for Insurance Studies [BFIS] and Drinker Biddle’s Insurance Regulatory and Transactional Team are hosting a panel titled, InsurTech in the U.S. Market: A Mid‐Year Update. The event will take place on Thursday, July 13 from 5:00 – 6:00 p.m. at the Hamilton Princess Hotel. A cocktail reception will follow the presentation. The... Read more of this article

BFIS & Drinker Biddle To Host Panel On July 13

BFIS & Drinker Biddle To Host Panel On July 13

The Bermuda Foundation for Insurance Studies [BFIS] and Drinker Biddle’s Insurance Regulatory and Transactional Team are hosting a panel titled ‘InsurTech in the U.S. Market: A Mid-Year Update’ on Thursday, July 13 from 5.00pm to 6.00pm the Hamilton Princess Hotel, with a cocktail reception to follow the presentation. A spokesperson said,... Read more of this article

Dan Gardner To Speak At Convergence Event

Dan Gardner To Speak At Convergence Event

ILS Bermuda Ltd, organisers of Bermuda Convergence 2017, have announced that the event’s first keynote speaker will be journalist, writer, and consultant Dan Gardner. Bermuda Convergence 2017 will be held on October 18 and October 19 at the Hamilton Princess. A spokesperson said, “Mr. Gardner is well known for his invaluable knowledge of business,... Read more of this article

Cyber Risk, Regulation & Political Interference

Cyber Risk, Regulation & Political Interference

The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the industry. The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC, surveyed 836 insurance practitioners and industry observers in... Read more of this article

Xceedance Expands Managed Services Portfolio

Xceedance Expands Managed Services Portfolio

Following its recent incorporation in Bermuda, Xceedance announced an expansion of its industry-focused consulting and managed services to support re/insurance organizations domiciled in Bermuda. Xceedance provides expertise and solutions for all major areas of the re/insurance lifecycle including underwriting, actuarial, policy, claims, billing, finance,... Read more of this article

Students Learn About Reinsurance Industry

Students Learn About Reinsurance Industry

CedarBridge Academy students recently visited the boardroom at Global Atlantic Re to learn about the Life Insurance and Reinsurance Industry in Bermuda, a growing sector of Bermuda’s international business economy. Representatives from a variety of professions, including actuaries and accountants, provided insight on working in the industry, skillsets... Read more of this article

SRGL Commences Winding Up Proceedings

SRGL Commences Winding Up Proceedings

Scottish Re Group Limited, together with its subsidiaries, has commenced voluntary provisional winding up proceedings in Bermuda [where SRGL is headquartered] and filed for parallel winding up proceedings in the Cayman Islands [where SRGL is incorporated] on May 17, 2017. In connection with the Bermuda proceedings, on May 18, 2017, the Supreme Court... Read more of this article

BFIS Summer Intern Programme Underway

BFIS Summer Intern Programme Underway

The annual BFIS Bermuda Summer Intern programme, now in its 16th year, commenced this week for six undergraduate students who will spend the next three weeks [May 22 – June 9] learning about the Bermuda insurance industry in depth – from how to form an insurance company to work-shadowing underwriters. The students will be visiting 30 insurance,... Read more of this article

ABIR Hosts Appalachian University Students

ABIR Hosts Appalachian University Students

The Association of Bermuda Insurers and Reinsurers [ABIR] hosted Appalachian State University students for a 1-hour primer on how Bermuda has become one of the world’s most important reinsurance centers over the last 25 years. “Helping connect Bermuda to the next generation of insurance industry professionals carries our risk innovation history... Read more of this article

Fitch: Demand For Cyber Insurance To Increase

Fitch: Demand For Cyber Insurance To Increase

The slew of recent ransomware attacks in over 150 countries reveals the widening scope of corporations’ cyber risk exposures, which is likely to increase demand for related insurance protection, Fitch Ratings says. “Insurers are in a unique position to assist customers in addressing the cyber threat. However, a cautious approach to adding cyber... Read more of this article

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