Tag: Bermuda insurance

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

$480,000 In Scholarships Awarded To Students

$480,000 In Scholarships Awarded To Students

The Bermuda Foundation for Insurance Studies [BFIS] recently awarded more than $480,000 in scholarship funding to 15 students, bringing the total amount that the Foundation has given out since it was formed to more than $5 million, all funded by the insurance industry. A spokesperson said, “Over 60 guests attended the Bermuda Foundation For Insurance... Read more of this article

BII Partners With Wharton School Of Business

BII Partners With Wharton School Of Business

The Bermuda Insurance Institute [BII] has again partnered with the Wharton School of Business in order to offer a Leadership Program aimed at grooming the next generation of Bermuda insurance professionals. A spokesperson said, “This year there are 19 professionals from 11 different companies participating in the course. Part one of the program... Read more of this article

Colonial Insurance Backs Road Safety Initiatives

Colonial Insurance Backs Road Safety Initiatives

Colonial Insurance Company Limited said they are backing attempts by the police and Government to make Bermuda’s roads safer. The Senate has just passed the Motor Car Amendment Act 2014 which gives police more powers to impound vehicles if the motorist is drinking and driving. Paul Brierley, Colonial Insurance Company Limited’s Executive Vice President... Read more of this article

Endurance Launches New U.S. Insurance Unit

Endurance Launches New U.S. Insurance Unit

Endurance Specialty Holdings Ltd. yesterday [July 7] revealed that Mark Maritzen has joined the company as Executive Vice President and Head of Commercial Property within its U.S. Insurance operation. With almost twenty years of experience in the insurance industry in both underwriting and broker roles, Mr. Maritzen will be responsible for building... Read more of this article

Overseas Training For Insurance Students

Overseas Training For Insurance Students

From July 7th to 18th, three teams of four Bermudian university students will be learning in depth about the insurance business in Atlanta, Chicago or London. This Wednesday they all met in the BFIS office for a briefing by Michael Fisher, BFIS Chairman and four of last year’s interns – Chris Wright, Tucker Moore, Campbell Tucker and Somer Zuiker... Read more of this article

Wind River Changes Name To Global Indemnity

Wind River Changes Name To Global Indemnity

Effective June 10th, 2014, Wind River Reinsurance Company Ltd. changed its name to Global Indemnity Reinsurance Company Ltd to “better align with its publically traded parent company Global Indemnity Plc.” Global Indemnity Reinsurance Company Ltd., based in Bermuda, is a wholly-owned non-US reinsurance operating subsidiary of Global Indemnity... Read more of this article


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