Hashtag: #BermudaInsurance
Colonial To Host Free Seminars On Life Insurance
One of the Island’s leading insurance companies is marking Life Insurance Awareness Month with a series of free seminars on the subject. Colonial Life Assurance will host a series of lunch and learn seminars tomorrow [Sept 7], and September 14, 21 and 28 – all at their offices at Jardine House on Reid Street and all from 12.30pm to 1.30pm. A... Read more of this article
Qatar Re ‘Continues On Its Growth Path’
Qatar Re said they continue on their “growth path despite unabated headwinds from tough trading conditions in global reinsurance markets, and in the first half year of 2016, the Company increased its gross written premiums to US$ 654 million, up 41% year-on-year from US$ 464 million. “The combined ratio improved to 95.8%, from 97.7% in the... Read more of this article
Risk-Management Conference Speakers Named
Experts on hot topics affecting Latin America’s risk-management industry are slated to speak at the 2016 ALARYS Congress in Bermuda September 25–27. Premier Michael Dunkley will officially open the biennial three-day conference geared to risk-management professionals across Central and South America. A spokesperson said, “The Fundación Latinoamericana... Read more of this article
BFIS Scholars Lunch With Mentoring Group
For the final Bermuda Foundation for Insurance Studies [BFIS] event of the summer, the BFIS Mentoring and Alumni Committees hosted the 26 current BFIS scholars to lunch on August 16. A spokesperson said, “This annual event gives the new scholars a chance to get to know everyone on a more personal basis and establish mentoring relationships with... Read more of this article
Survey: ABIR Members Contribute $834.3 Million
Members of the Association of Bermuda Insurers and Reinsurers [ABIR] directly contributed $834.3 million to the Bermuda economy in 2015, with aggregate spinoff benefits estimated to multiply the impact, according to ABIR’s 11th annual Bermuda Economic Impact Survey released today [August 17]. Twenty-one Bermuda-based ABIR member companies participated... Read more of this article
BFIS Hold End Of Summer Networking Event
Before heading off to colleges overseas, Bermudian students who are focused on careers in Bermuda’s insurance industry had another opportunity to hone their networking skills at the Bermuda Foundation For Insurance Studies [BFIS] ‘End of Summer’ networking party. Over 60 BFIS scholars, alumni, trustees, committee members and industry leaders spent... Read more of this article
PwC: Blockchain Could Be Transformative Tech
According to PwC Bermuda, Blockchain could be a transformative technology changing the way the wholesale insurance industry operates. But insurers, reinsurers, underwriters, brokers and a host of other players will need to collaborate with one another – and those from beyond insurance in order to seize all the opportunities on offer. PwC’s blockchain... Read more of this article
100-Year-Old Driver Recognised By Colonial
Even at the age of 100, there’s no stopping Brownlow Place who is at his happiest behind the wheel of his favourite Daihatsu. The sprightly centenarian got lessons when he was aged in his 20’s and asked if he still enjoyed driving he said: “Oh yes I do!” Mr Place has never driven overseas and has always stayed on Bermuda’s roads and asked... Read more of this article
Dive In Festival To Celebrate Diversity & Inclusion
The Bermuda insurance community will join Lloyd’s and cities around the world later this year in an initiative aimed at highlighting the business case for diverse and inclusive workplaces and providing practical ideas and inspiration for how to bring about positive change. Such was the success of the inaugural Dive In Festival for Diversity &... Read more of this article
16 BFIS Summer Interns Make Presentations
On Thursday, this summer’s 16 BFIS Interns made presentations to over 50 insurance professionals, former interns and BFIS scholars on what they had learned during their immersion in the insurance markets of Atlanta, Bermuda, Chicago and London. London interns included Rachel Soares [International Business/UWE] and Tatyana Butterfield [RM & Insurance/Temple]... Read more of this article
A.M. Best Affirms Ratings Of IGI And Subsidiaries
Insurance and reinsurance rating agency A.M. Best has affirmed the financial strength rating of A- [Excellent] and the issuer credit rating [ICR] “A-” of International General Insurance Company Limited [IGI] [Bermuda] and International General Insurance Company [UK] Limited [IGI UK] [United Kingdom]. The news follows rating agency Standard &... Read more of this article
Argo Provides Q2 Preliminary Loss Estimates
Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced preliminary pre-tax loss estimates from catastrophes of $23 million, net of reinsurance and reinstatement premiums for the three-month period ended June 30, 2016. “Catastrophe losses in the quarter are... Read more of this article
