Hashtag: #BermudaInsurance
BILTIR Announces 2025–27 Board Leadership
The Bermuda International Long Term Insurers and Reinsurers [BILTIR] has announced its Board leadership for the 2025–2027 term. A spokesperson said, “The Bermuda International Long Term Insurers and Reinsurers [BILTIR] today confirmed the election of its Chair and Vice Chair and announced the appointment of three new members to its Board of Directors... Read more of this article
AHJ Miller Appoints Marlon Williams In Bermuda
AHJ Miller has appointed Marlon Williams as a Senior Broker in its Bermuda office, bringing more than 20 years of reinsurance and catastrophe risk experience to the firm. A spokesperson said, “AHJ Miller, the reinsurance division of Miller, the leading independent specialist [re]insurance broker, is pleased to announce the appointment of Marlon... Read more of this article
AM Best Downgrades Credit Ratings Of Nissan
AM Best has downgraded the Financial Strength Rating to A- [Excellent] from A [Excellent] and the Long-Term Issuer Credit Rating to “a-” [Excellent] from “a” [Excellent] of Nissan Global Reinsurance, Ltd. [NGRe] [Hamilton, Bermuda]. The outlook of these Credit Ratings [ratings] is stable. The ratings agency said, “The ratings reflect NGRe’s... Read more of this article
Over 500 Attend BILTIR Life & Annuity Event
Bermuda International Long Term Insurers and Reinsurers [BILTIR], a trade association comprised of more than 70 [re]insurance companies and service providers in Bermuda, concluded its 13th annual Bermuda International Life and Annuity Conference at the Hamilton Princess Hotel and Beach Club last week. A spokesperson said, “The only conference... Read more of this article
BMA Releases 2025 Global Stress Test Results
The Bermuda Monetary Authority [BMA] has released the results of its 2025 Global Financial Crisis stress test. A spokesperson said, “As part of this ongoing commitment to financial stability, the Bermuda Monetary Authority [Authority or BMA] conducted a Global Financial Crisis [GFC] stress test for long-term commercial insurers in Bermuda. This is... Read more of this article
Minister Speaks At BILTIR 2025 Conference
Minister of Economy and Labour Jason Hayward delivered welcome remarks at the BILTIR 2025 Conference Welcome Reception, held Monday [Sept 15] at the Hamilton Princess and Beach Club. Minister Hayward said, “It is my great pleasure to welcome you all to Bermuda and to officially open the 2025 Bermuda International Life & Annuity Conference. This... Read more of this article
CG Offer Return Of Premium Life Insurance
CG announced the launch Return of Premium life insurance, a new plan that they said “provides reliable protection for your loved ones, with the added benefit of cash back if you outlive the policy term.” A spokesperson said, “It’s for people who want protection with upside: if the unexpected happens, your loved ones are protected;... Read more of this article
AXA XL Appoints Donnacha Smyth To New Role
AXA XL has appointed Donnacha Smyth as its new Global Chief Underwriting Officer, Casualty, effective November 3. A spokesperson said, “Based in Bermuda, Mr. Smyth currently serves as Head of Casualty for the Americas region. As part of his new global role, he will relocate to Ireland in 2026.” XA XL Global Chief Underwriting Officer Libby... Read more of this article
Baroness Morrissey To Speak At Dive In Festival
As part of Bermuda’s Dive In Festival, Baroness Helena Morrissey will join Fidelis Insurance Group CEO Dan Burrows for a fireside chat. A spokesperson said, “As part of the Dive In Festival in Bermuda, financier, author, international diversity campaigner and keynote speaker, Baroness Helena Morrissey, will join Dan Burrows, Group Chief Executive... Read more of this article
Minister Attends ABIR Dialogue In Brussels
Minister of Economy and Labour Jason Hayward recently attended the Association of Bermuda Insurers and Reinsurers’ [ABIR] 18th Annual International Insurance Regulatory Dialogue in Brussels. A Government spokesperson said, “The Minister of Economy and Labour, the Hon. Jason Hayward, JP, MP, attended the Association of Bermuda Insurers and Reinsurers... Read more of this article
Tech Related Risks Dominate Top Concerns
For the first time in its 14-year history, PwC’s Insurance Banana Skins 2025 survey, published biennially by PwC and the Centre for the Study of Financial Innovation, reveals that technology-related risks dominate the top three concerns facing the global insurance industry. A spokesperson said, “The survey was launched by PwC today at the annual... Read more of this article
IQUW Expands Portfolio With New Reinsurance
IQUW Re Bermuda announced plans to continue to expand its predominantly Property Cat Reinsurance product suite with the additions of Mortgage, Credit, and Cyber Reinsurance to its portfolio. A spokesperson said, “This development marks the next stage in IQUW’s progress in Bermuda, underscoring the platform’s profitable growth and developing a... Read more of this article
