Hashtag: #BermudaInsurance

ABIR Welcomes Calum Maule As Summer Intern

ABIR Welcomes Calum Maule As Summer Intern

The Association of Bermuda Insurers and Reinsurers [ABIR] said they are pleased to welcome Bermudian Calum Maule as their 2019 summer intern. “In this role, Calum will be exposed to national and international public and regulatory policy issues and gain an understanding of Bermuda’s [re]insurance sector through interaction with ABIR member... Read more of this article

Estera Director To Speak At Insurance Events

Estera Director To Speak At Insurance Events

Estera Bermuda Client Director, Janita Burke will be speaking at the 15th annual Captive Conference on 11 June in Bermuda and the Bermuda Executive Forum on 19 June in Toronto. A spokesperson said, “At the Bermuda Captive Conference, Burke will be moderating the panel titled, “Fronting Carriers: Are they still relevant? Who’s still playing?’... Read more of this article

KPMG Global Insurance Leader’s Visit To Island

KPMG Global Insurance Leader’s Visit To Island

KPMG in Bermuda welcomed Global Insurance Leader, Laura Hay, to the island in May. “Laura was the keynote speaker at our firm’s Tackling Insurtech – a technology and technique session designed for the insurance industry. It was the first in a series of events which will take place this year and will focus on technical solutions, data and analytics,... Read more of this article

NB Re Completes $19.231M Offering On BSX

NB Re Completes $19.231M Offering On BSX

NB Reinsurance Ltd [NB Re], a Class 3 Bermuda insurance company, has completed an offering of 19,231 non-voting preferred shares issued at $1,000.00 per share on the Bermuda Stock Exchange [BSX] effective June 3, 2019. “NB Re manages a unique insurance-linked securities [ILS] strategy that seeks returns that are uncorrelated with traditional asset... Read more of this article

Captive Hall Of Fame Welcomes Four Insurers

Captive Hall Of Fame Welcomes Four Insurers

Four more captive insurance companies have been admitted to Bermuda’s Captive Hall of Fame after completing 25 years of business from the island. The Hall of Fame was created by the industry in 2016 to highlight captive entities with a quarter-century commitment to the Bermuda market. More than 200 Bermuda-based companies now share the honour. The... Read more of this article

ConnectTech End Of Year Coding Programme

ConnectTech End Of Year Coding Programme

ConnectTech’s public primary school coding programme, funded by Hamilton Insurance Group, concludes this month with a series of end of year showcases happening from Friday, June 7, 2019 to Thursday, June 20, 2019. Hamilton CEO Pina Albo pictured with students at Prospect Primary during one of their coding classesThis year’s programme, which teaches... Read more of this article

White Mountains Invests In Elementum

White Mountains Invests In Elementum

White Mountains Insurance Group has acquired a minority equity stake in Elementum Advisors, LLC, an SEC-registered investment advisor focused on managing investment portfolios exposed to natural catastrophe event risk. The terms were not disclosed. Since its launch in December 2009, Elementum has grown to become a leading alternative investment management... Read more of this article

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