Fitch’s Reinsurance Outlook Remains Negative, Despite Entry into Hard Market Phase September 11, 2020 By Adrian Leonard Fitch Ratings said yesterday its ratings outlook for companies in the global reinsurance sector will continue to remain negative as...
Cryptoasset Insurer Evertas Receives License to Operate in Bermuda June 10, 2020 Cryptoasset insurer Evertas has received a license from the Bermuda Monetary Authority to start operating from the jurisdiction. Evertas’ operations...
U.K. Broker Tysers Invests in Bermuda-Based MGA, Helix Underwriting Partners January 15, 2020 Tysers, the London-based broker, announced it has taken a minority investment in Bermuda’s newly formed and first independent managing general...
Ed Broking Appoints Kelley from Sompo Int’l as Head of Bermuda Liability Division January 15, 2020 Ed, the global reinsurance, wholesale and specialty broker, announces the appointment of Colin Kelley as head of Ed’s new Liability...
EU Decision to Put Bermuda on List of Global Tax Havens ‘a Setback’: Premier Burt March 13, 2019 By Emma Farge Bermuda’s Premier David Burt on Tuesday called the European Union’s decision to put the British overseas territory on a list...
Ed Broking to Open Bermuda Operation December 10, 2018 Ed, the London-based reinsurance, wholesale and specialty broker, announced that it will expand its international footprint by setting up a...
U.S. Multinationals Flee No-Tax Caribbean Havens, in Favor of Low-Tax Havens November 15, 2018 By Laura Davison Many U.S. multinational corporations have packed up or are choosing to open subsidiaries in low-tax, rather than no-tax, countries that...
Members of Assn. of Bermuda Insurers & Reinsurers Provide $840M to Local Economy September 20, 2018 Members of the Association of Bermuda Insurers & Reinsurers (ABIR) made a direct economic contribution to Bermuda of more than...
Bermuda Market to Stay Key Reinsurance Hub Despite U.S. Tax Reform: A.M. Best September 7, 2018 Bermuda will continue to be a key international hub for reinsurance despite being challenged in recent years, most recently by...
Bermuda Monetary Authority Sees Increase in Re/Insurance Registrations in 2018 April 3, 2018 The Bermuda Monetary Authority (BMA) has experienced a recent uptick in re/insurance registrations. Registrations for the first two months of...