Tag: Bermuda insurance

Chairperson: BFIS Appoints Gail Martin At AGM

Chairperson: BFIS Appoints Gail Martin At AGM

The Donor Members of The Bermuda Foundation For Insurance Studies [BFIS] appointed Gail Martin as BFIS’ first female Chair at the Foundation’s AGM held on December 15, 2014. Mrs. Martin is a VP and Underwriter with Hannover Re and first joined the BFIS Steering Committee in 2002 and the Board in 2006. Outgoing chairman, Michael Fisher said “After... Read more of this article

Hamilton Re CEO On 21st Century Cyber Risks

Hamilton Re CEO On 21st Century Cyber Risks

Chief Executive Officer of Hamilton Re, Kathleen Reardon, outlined issues facing the re/insurance sector in a speech delivered at the Bermuda Insurance Institute’s [BII] annual Christmas luncheon this week. Mrs. Reardon listed the influx of alternative capital, new catastrophic risks such as cyber attacks and continued low interest rates as some of... Read more of this article

Stephen Catlin Named Insurance Hall of Famer

Stephen Catlin Named Insurance Hall of Famer

Stephen Catlin — Chief Executive of Bermuda-based Catlin Group Limited –will be the 2015 Insurance Hall of Fame Award recipient, the International Insurance Society [‘IIS’] has announced. The Insurance Hall of Fame Award pays tribute to persons who have made a broad, encompassing and lasting contribution to the insurance industry and... Read more of this article

Sequant Re Launch New Reinsurance Company

Sequant Re Launch New Reinsurance Company

Sequant Re Holdings Limited announced that it has completed its financing and is launching Sequant Reinsurance Company Limited, a newly formed Bermuda based global reinsurance company. The company said, “Sequant Re combines Insurance-Linked Securities [ILS] and Bermuda’s unique segregated account structure to offer a flexible and highly efficient... Read more of this article

Insurers To Offer BTUC Members 10% Discount

Insurers To Offer BTUC Members 10% Discount

The five largest local insurers of motorcycles, motorcars and home insurance have agreed to offer a 10% discount to all BTUC members relating to their motorcar, motorcycle and home insurance for a two year period commencing January 1st 2015; Home Affairs Minister Michael Fahy said today [Dec 10] Minister Fahy said, “For agreeing to do offer the... Read more of this article

CEOs Debate Future Of Alternative Capital

CEOs Debate Future Of Alternative Capital

Alternative capital is likely to be a long-term feature of the reinsurance marketplace but the industry must remain alert to the dangers of separating risk from capital, according to several members of a panel of CEOs drawn from both sides of the Atlantic to debate the new normal in financial services at the Bermuda Monetary Authority’s 2014 insurance... Read more of this article

Bermuda To Host 2016 ALARYS Conference

Bermuda To Host 2016 ALARYS Conference

Bermuda has been selected to host ALARYS 2016, a biennial conference for risk managers from countries throughout Latin America, the Bermuda Business Development Agency [BDA] announced today. It will be the third time the Asociación Latinoamericana de Administradores de Riesgos y Seguros [ALARYS] has chosen Bermuda as host country for the trilingual... Read more of this article

BF&M’s 2014 Third Quarter Financial Results

BF&M’s 2014 Third Quarter Financial Results

BF&M Limited today [Dec 9] reported shareholders’ net income for the nine month period ended 30th September 2014 of $21.6 million, resulting in an annualized return on shareholders’ equity of 12.1%. Shareholders’ net income for the comparative nine month period of 2013 was $15.8 million. President & CEO John Wight [pictured] stated that... Read more of this article

Hamilton Insurance Launches Community Giving

Hamilton Insurance Launches Community Giving

Hamilton Insurance Group, the Bermuda-based holding company for property casualty reinsurer Hamilton Re and property casualty insurer Hamilton USA, has established a Community Giving Committee to oversee the organization’s philanthropic activity in Bermuda. Hamilton, which was established in December 2013 by Brian Duperreault and a group of investors,... Read more of this article

Aspen Names Scott Kirk Chief Financial Officer

Aspen Names Scott Kirk Chief Financial Officer

Aspen Insurance Holdings Limited announced today [Dec 5] that Scott Kirk has been promoted to the position of Group Chief Financial Officer of the Company, effective immediately. His appointment is subject to receipt of customary regulatory approvals. Scott Kirk succeeds John Worth, who will be leaving Aspen. Aspen’s Chief Executive Officer, Chris... Read more of this article


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