News

Insurance

Uninsured homes 'biggest risk' facing society, says Europe insurance watchdog

Mounting losses from natural disasters could destabilise banks, Eiopa chair warns   3 February 2025

Insurance

Cryptocurrency deposit insurer launched

The digital insurer will be headquartered in Bermuda.   5 February 2025

Risk Management

Cyber risk & insurance: adapting to the evolving threat landscape

As cyber threats grow in scale and sophistication, insurers and businesses must rethink resilience strategies. How can insurers stay ahead in this rapidly shifting landscape?   4 February 2025

Reinsurance

Cyber re/insurers need to solve risks posed by third party IT vendors

Ariel Re’s head of cyber said the CrowdStrike outage demonstrated global vulnerability to systemic events.   30 January 2025

Insurance

Underwriters may exclude sabotage from subsea cable policies: Gallagher

The broker said market appetite for cable risks is still strong, despite increased acts of sabotage.   3 February 2025

Insurance

Markel moves US D&O underwriting to Bermuda platform

The insurer said the move was part of a broader shake-up of its professional liability offering.   4 February 2025

Reinsurance

Fitch looks favourably on BMA life reinsurance regulations

Regulatory changes to Bermuda’s long-term reinsurance sector are welcomed by leading ratings agency.   6 February 2025

Reinsurance

SCOR will likely blow Q1 nat cat budget on California wildfire

But fires could put paid to property cat softening, maybe press on ILS and retro.   4 February 2025

Insurance

Ex-Hamilton executives start Radix ILS

The pair are joined by leading lawyer Peter Dunlop in Bermuda-based start-up.   3 February 2025

Insurance

AM Best affirms James River Group A- financial strength rating

But ratings agency AM Best maintains negative outlook for insurer, suggests further downward rating pressure.   4 February 2025

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