News
Insurance
Specialist re/insurance broker BMS Group posted a 25 percent increase in its 2018 revenues, mostly driven by growth in its London wholesale and US reinsurance businesses, according to CEO Nick Cook. 13 March 2019
Insurance
Marijuana insurance is a fast-growing and evolving market but many insurers remain wary of such a controversial product even where it is legalised, according to an AM Best report. 13 March 2019
Insurance
Industry groups on Bermuda including the Association of Bermuda Insurers & Reinsurers (ABIR)have pledged their support to efforts by the Bermuda government to get the country removed from the European Union’s so-called blacklist list of "non-cooperative" jurisdictions as quickly as possible. 13 March 2019
Insurance
Re/insurance broker Aon has formed a strategic alliance with US-based artificial intelligence (AI) startup Zesty.ai to improve its underwriting data insights. 13 March 2019
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) has received all regulatory approvals required in connection with its acquisition of Tokio Millennium Re and Tokio Millennium Re (UK). 13 March 2019
Insurance
In what represents both a shock and a blow to the Bermuda Government and a potential headache for re/insurers based there, the European Union (EU) has blacklisted Bermuda for failing to meet good tax governance standards. 12 March 2019
Insurance
Axa “made concrete progress” in boosting its gender balance “especially in consistently bringing more women to the top”, the firm’s global HR director Karima Silvent said. 12 March 2019
Insurance
US commercial insurance prices rose during the fourth quarter of 2018, but the growth was just under 2 percent, according to Willis Towers Watson. 12 March 2019
Insurance
Berlin-based digital car insurance startup Friday has secured €114 million investment in its latest round of financing. 12 March 2019
Insurance
A report from ratings agency S&P offered some succour on the widely debated topic of another global credit downturn, saying “the next crisis, if any, is unlikely to be as dramatic as in 2008-2009”. 12 March 2019
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