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Videos: Hamilton Re Spotlights Employees

Videos: Hamilton Re Spotlights Employees

As Insurance Careers Month — a major multi-phased collaborative effort to help raise awareness of insurance as a career choice — gets underway, Hamilton Re has released videos spotlighting some of their employees. “Meet Hamilton Re’s Kelli Nusum, Assistant Vice President, Operations and Claims and an all round Bermuda athlete... Read more of this article

Videos: Insurance Careers Month Launches

Videos: Insurance Careers Month Launches

Insurance Careers Month, an industry-wide collaborative initiative, officially launched today [Feb 1] in the US, Bermuda and the UK, with Bermuda-based companies joining hundreds of insurers, brokers, agents and industry associations in raising awareness of career opportunities. “Hamilton Insurance Group CEO Brian Duperreault leads other CEOs,... Read more of this article

Fitch Ratings: Consolidation Will Continue

Fitch Ratings: Consolidation Will Continue

Consolidation in the Bermuda insurance market will continue in 2016, albeit at a slightly slower pace than 2015, according to a new Fitch Ratings report titled ‘Bermuda 2016 Market Update’. “Fragile conditions in the global re/insurance market characterized by falling prices and weakening terms and conditions are pressuring earnings... Read more of this article

XL Catlin Applies For India Reinsurance License

XL Catlin Applies For India Reinsurance License

XL Catlin has begun the licensing process to establish a reinsurance branch in India, saying “the decision to pursue market entry into India aligns with XL Catlin’s strategy of establishing a presence in emerging and developing markets where economic activity is increasing and the re/insurance market would benefit from its global expertise.” The... Read more of this article

Hamilton Insurance Group’s 2015 Charity Giving

Hamilton Insurance Group’s 2015 Charity Giving

Hamilton Insurance Group, a Bermuda-based holding company of property and casualty insurance and reinsurance operations, has announced the names of the Bermuda registered non-profit organizations that received funding from the company during 2015. During quarterly meetings, members of the company’s Community Giving Committee approved funding for The... Read more of this article

Column: Bermuda Is Legitimate Business Centre

Column: Bermuda Is Legitimate Business Centre

[Opinion column written by Larry Burchall] Hillary Clinton’s promise to go after “High-income money managers…[who]..use loopholes related to foreign reinsurance – often located in Bermuda – to avoid paying their fair share.. [of US taxes]” and saying that she would “end the Bermuda reinsurance loophole” is a serious statement from a... Read more of this article

BFIS Holds Christmas Speed Networking Lunch

BFIS Holds Christmas Speed Networking Lunch

On December 30, BFIS held its Christmas Speed Networking lunch which was well attended by approximately 50 students and insurance industry professionals. The 6 minute ‘speed interviews’ session continued at a rapid pace for almost an hour, followed by general networking over a sandwich lunch for a further hour. “Undergraduates and recent graduates... Read more of this article

Brian Duperreault: ‘We’re Living In A Digital Age’

Brian Duperreault: ‘We’re Living In A Digital Age’

Earlier today [Dec 17],  Hamilton Insurance Group CEO Brian Duperreault delivered the keynote address at EY/Insurance Insider’s Global Re/Insurance Outlook conference at the Hamilton Princess Hotel. Describing the industry as being between two worlds – the analog and the digital – Mr. Duperreault said the sector could be facing “the... Read more of this article

BFIS Reports That Foundation Is In “Good Order”

BFIS Reports That Foundation Is In “Good Order”

At the Bermuda Foundation For Insurance Studies [BFIS] AGM yesterday [Dec 16], Chairman Gail Martin reported that BFIS had had another successful year of programmes aimed at helping Bermuda’s students gain the education and knowledge needed to enter the insurance industry. Mrs. Martin said, “I am very pleased to report that the Foundation is in... Read more of this article

Aspen Reinsurance Renews Silverton For 2016

Aspen Reinsurance Renews Silverton For 2016

Aspen Reinsurance [Aspen Re], the reinsurance segment of Aspen Insurance Holdings Limited [Aspen], announces that its Aspen Capital Markets division renewed Silverton Re Ltd. [Silverton Re] for 2016. Silverton Re, a Bermuda-domiciled special purpose insurer, was established in December 2013 to provide additional collateralized capacity to support Aspen... Read more of this article

Fidelis Launch London Underwriting Operation

Fidelis Launch London Underwriting Operation

Fidelis Insurance has received PRA approval for the launch of its UK business, which will begin underwriting with immediate effect. The London based subsidiary, which has received an A.M. Best rating of A- [Excellent], will be led by Dan Burrows as UK Chief Executive Officer. Mr Burrows is joined by Nick Burkinshaw, Chairman of Specialty and Richard... Read more of this article

Qatar Re Gets Approval To Domicile In Bermuda

Qatar Re Gets Approval To Domicile In Bermuda

Qatar Reinsurance Company Ltd has completed the process of re-­domiciling to Bermuda, and has been granted a Class 4 licence from the Bermuda Monetary Authority [BMA], following all regulatory approvals, effective today [Dec 3]. “As part of the re-­domiciling Qatar Re’s capitalisation will increase to approximately USD 500 million. The company... Read more of this article

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