News
Bermuda analysis
Insurers should be aware that engaging with third party service providers leaves them exposed to heightened cyber risk, and take steps to mitigate this risk, according to the Bermuda Monetary Authority (BMA). 28 April 2021
Bermuda analysis
The Bermuda Business Development Agency (BDA) has unveiled a plan to build the world’s foremost climate risk finance industry, to create an industry as important to the island as reinsurance. 26 April 2021
Bermuda analysis
Bermuda International Long Term Insurers and Reinsurers (BILTIR) has appointed Scott Selkirk to its board of directors. 29 March 2021
Bermuda analysis
Miller has appointed Charlie Simpson to lead its operation in Bermuda and vowed to continue building up the business on the island in coming months with further hires. 16 March 2021
Bermuda analysis
The Bermuda Monetary Authority (BMA) licensed Great Northern Assurance, a class two, multi owner captive, in February, as one of eight new re/insurance entities authorised in the month. 12 March 2021
Bermuda analysis
AM Best has upgraded PMG Assurance Bermuda’s long term issuer credit rating to a+ from a, with its financial strength rating remaining A as before. 16 February 2021
Bermuda analysis
The Bermuda Monetary Authority (BMA) licensed BPG Bermuda Insurance as a multi owner captive in January. 10 February 2021
Bermuda analysis
AkinovA, the electronic insurance marketplace, is believed to be the first new regulated insurance marketplace since the formation of Lloyd’s in 1871, having been granted the Bermuda Monetary Authority’s (BMA) first Insurance Marketplace Provider licence. 20 January 2021
Bermuda analysis
Bowring Marsh Bermuda (BMB) has promoted Lindsay Roos to be managing director of its healthcare placement team. 17 December 2020
Bermuda analysis
The Bermuda Monetary Authority (BMA) registered seven new insurance entities in November, including two class two, multi owner captives. 15 December 2020
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