Hashtag: #BermudaInsurance

Argo Pro Introduces Private Company PROtect

Argo Pro Introduces Private Company PROtect

Argo Pro, a member of Argo Group International Holdings, Ltd. , an international underwriter of specialty insurance and reinsurance, announced an enhanced product offering: Private Company PROtectSM. The packaged professional liability product gives private companies access to a range of coverage, including directors and officers, employment practices... Read more of this article

Code441 Holds Mini Hackathon For Students

Code441 Holds Mini Hackathon For Students

The Board Room of Hamilton Insurance Group, the Bermuda-based holding company for insurance and reinsurance operations in Bermuda and at Lloyd’s, was taken over by students this past weekend as Code441 held a “mini hackathon” for young people keen to learn how to code. Code441’s founder, Jahde Eve, was supported by Hamilton employees James Robinson,... Read more of this article

Monument Re Completes Acquisition From Alpha

Monument Re Completes Acquisition From Alpha

Monument Re announced that its European subsidiary Monument Assurance Belgium NV completed the acquisition of a run-off portfolio of traditional life and credit life business from Alpha Insurance SA, a Belgian composite insurance company. Alpha Insurance SA is a wholly-owned subsidiary of Enstar Group Limited. The terms of the transaction were not disclosed. In... Read more of this article

Argus Acquires FirstUnited Insurance Brokers

Argus Acquires FirstUnited Insurance Brokers

The Argus Group has just announced its intention to acquire FirstUnited Insurance Brokers Limited [FirstUnited], an insurance brokerage firm that provides professional insurance broking services to individuals and businesses in Malta. The transaction is subject to receipt of all regulatory approvals. “For many years the Argus Group has successfully... Read more of this article

MS Amlin Invests In MGA Envelop Risk

MS Amlin Invests In MGA Envelop Risk

MS Amlin today [May 21] announced the purchase of a “strategic stake” in Envelop Risk. “Envelop Risk is a global specialist reinsurance MGA, which combines insurance expertise with artificial intelligence-driven cyber risk modelling,” the company said. “The investment sees MS Amlin take a minority strategic stake in the... Read more of this article

Argus Announce Acquisition Of One Team Health

Argus Announce Acquisition Of One Team Health

The Argus Group today announced the acquisition of One Team Health [‘OTH’], a leading third-party overseas care administrator. “The purchase forms part of the Argus strategy to diversify and expand its global business operations and develop a business model that reduces healthcare expenses while improving quality of care,” the company... Read more of this article

Tom Mills Joins Capsicum Re Bermuda

Tom Mills Joins Capsicum Re Bermuda

Capsicum Re, the specialist reinsurance broker, announced the appointment of Tom Mills to its Bermudian operation. “Mills joins as a Broker and will report to Neville Ching, Managing Partner of Capsicum Re Bermuda. His appointment reflects Capsicums Re’s growing presence on the Island and its investment in the Bermuda office as the company enters... Read more of this article

BILTIR Supports CedarBridge Students With Math

BILTIR Supports CedarBridge Students With Math

Members of the Bermuda International Long Term Insurers and Reinsurers [BILTIR] are once again helping CedarBridge Academy students prepare for success in their year-end mathematics examinations. Now in its fourth year, BILTIR’s Math Tutorial Program matches high-school students with life and annuity insurance professionals to provide mathematics... Read more of this article

ABIR Applauds Bermuda’s Removal From EU List

ABIR Applauds Bermuda’s Removal From EU List

Bermuda’s leading international insurers and reinsurers, through the Association of Bermuda Insurers and Reinsurers [ABIR], applaud the Bermuda government’s successful efforts in achieving removal of Bermuda from the EU List of Non-Cooperative Jurisdictions, fully demonstrating the island’s commitment to facilitate tax transparency and compliance... Read more of this article

Finance Minister On Deposit Insurance Scheme

Finance Minister On Deposit Insurance Scheme

Minister of Finance Curtis Dickinson provided an overview of the implementation of a Deposit Insurance Scheme in Bermuda and the establishment of the Bermuda Deposit Insurance Corporation, which is responsible for managing the Scheme. Minister Dickinson said, “Deposit insurance is a guarantee to eligible depositors in a local financial institution... Read more of this article

Discussion On Insurance Trends & Taking Risks

Discussion On Insurance Trends & Taking Risks

In an event hosted by 100 Women in Finance on May 9, 2019, insurance veteran Laura Hay, KPMG’s Global Head of Insurance, shared insights on global trends in insurance and reinsurance, as well as risk-taking strategies for women to expand their leadership opportunities in the financial services industry. The event was hosted by KPMG, a Leadership Council... Read more of this article

AkinovA Insurance Regulatory Sandbox Licence

AkinovA Insurance Regulatory Sandbox Licence

AkinovA [Bermuda] Ltd, the wholly-owned Bermuda trading subsidiary of AkinovA Limited, said they have “been granted authorisation by the BMA, Bermuda’s financial services regulator, to carry out business through its Innovative Market Infrastructure under the auspices of the BMAs Innovative Regulatory Sandbox Regime. “AkinovA has worked... Read more of this article

Aspen Announces Management Changes

Aspen Announces Management Changes

Aspen Insurance Holdings Limited announced several changes to its executive leadership team to “support continued operational improvement in the business and best position Aspen to capture new opportunities for profitable growth and value creation”, according to the company. Mark Cloutier, Executive Chairman and Group Chief Executive Officer,... Read more of this article