Hashtag: #BermudaInsurance
Bermuda To Host New Insurance Conference
Bermuda is set to host a new insurance market conference this spring, catering to sophisticated buyers for major hospital systems, long-term care facilities, physicians groups and health benefits and services providers from North American healthcare markets. Sponsored by the Bermuda Business Development Agency (BDA), the Bermuda Healthcare Forum, scheduled... Read more of this article
Catastrophe Bonds Hit Record $26.82 Billion
An impressive $7 billion of catastrophe bonds and similar insurance-linked securities [ILS] issued in 2016 took the outstanding cat bond market to the highest level since its inception, according to Artemis.bm. A spokesperson said, “The Artemis.bm Deal Directory recorded over $7.05 billion of new catastrophe bonds in 2016, which, after accounting... Read more of this article
BFIS Holds Christmas Speed Networking Lunch
Over 70 insurance professionals and undergraduate students participated in BFIS’ annual Christmas Speed Networking Lunch on December 29 at O’Hara House. A spokesperson said, “With eight rotations, each lasting six minutes, every student had the opportunity to meet and talk one‐on‐one to at least eight insurance industry representatives... Read more of this article
Hamilton Insurance Group’s 2016 Charity Giving
Hamilton Insurance Group, the Bermuda-based holding company for insurance and reinsurance operations in Bermuda, the US and the UK, announced the names of the Bermuda-registered charities supported by its Community Giving Committee during 2016. Funding was distributed among nine organizations meeting the criteria outlined by the committee when it was... Read more of this article
BFIS Celebrates 20th Anniversary At AGM
The Bermuda Foundation For Insurance Studies [BFIS] celebrated its 20th Anniversary at the Annual General meeting held on December 12, 2016. The lunch which followed was well attended by nearly 100 insurance professionals with close links to the Foundation, ranging from founding member Brian O’Hara to this year’s graduates just entering the industry. Chairman... Read more of this article
Health Insurance Dept Release Annual Report
The Ministry of Health and Seniors announced that the Health Insurance Department recently issued its annual report for FutureCare and Health Insurance Plan [HIP] policyholders. The 2015/2016 report, which covers the period from 1 April 2015 to 31 March 2016, outlines growth in the number of policyholders, new medical benefits, how claims money was... Read more of this article
Neon Appoint Two Non-Executive Directors
Neon announced the appointments of Tom Hulst and Gavin Hunter as Non-Executive Directors of Neon’s Bermuda operations with immediate effect. “Tom has over 20 years’ [re]insurance experience, having held senior positions with both US and Bermuda [re]insurers,” the company said. “He most recently served as Chief Executive of Ariel... Read more of this article
Aspen Reinsurance Renews Silverton For 2017
Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited, announced that its Aspen Capital Markets division renewed Silverton Re Ltd. for 2017. Silverton Re, a Bermuda-domiciled special purpose insurer, was established in December 2013 to provide additional collateralized capacity to support Aspen Re’s global reinsurance business. Silverton... Read more of this article
Insurance Careers Movement At CEO Town Hall
Leading insurance industry CEOs on both sides of the Atlantic, led by Hamilton Insurance Group Chairman and CEO Brian Duperreault, hosted an international Town Hall webinar that attracted over one thousand participants in the US, Canada, Bermuda and the United Kingdom. The Town Hall was designed to encourage young insurance professionals already working... Read more of this article
Barrenechea Appointed To Hamilton Board
Hamilton Insurance Group, the Bermuda-based holding company for insurance and reinsurance operations in Bermuda, the U.S. and at Lloyd’s, announced that Mark J. Barrenechea has been appointed to its Board of Directors. Mr. Barrenechea, a veteran of Silicon Valley’s technology sector, is Chief Executive Officer and Chief Technology Officer of OpenText,... Read more of this article
Nearly 340 People Attend Bermuda Convergence
On November 9 and November 10, close to 340 attendees from 13 different countries arrived at the Hamilton Princess for Bermuda Convergence 2016, a networking event covering the alternative reinsurance, ILS and collateralised reinsurance landscape. A spokesperson said, “Initial feedback from delegates and sponsors indicates Convergence 2016 was... Read more of this article
‘Re/insurers Should Be Proud Of Performance’
Reinsurance leaders shared their views with more than 270 industry professionals at the annual PwC – S&P Global Bermuda Reinsurance conference on November 8, with CEOs saying the island’s reinsurance market “should be proud of its performance.” Matthew Britten, PwC Bermuda insurance partner, said, “I think what I heard on Tuesday... Read more of this article
