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Bermuda targets Canadian firms
31 March 2015
Reporter Stephen Durham

The Bermuda Business Development Agency (BDA) has teamed with local industry experts to create and host a webinar that highlights the benefits for Canadian firms of setting up insurance companies in the domicile...

Long-term insurer registrations increase for Bermuda
03 February 2015
Reporter Stephen Durham

The Bermuda Monetary Authority (BMA) registered 89 new insurance entities in 2014, made up of 65 new insurers and 24 new intermediaries...

Bermuda to fight for title of ILS domicile of choice
28 January 2015
Reporter Stephen Durham

Bermuda was the domicile of choice for 57 percent of insurance-linked securities (ILS) during 2014...

NAIC approval imminent, says BMA
14 November 2014
Reporter Stephen Durham

Bermuda has outlined the conditions of its approval as a qualified jurisdiction by a working group of the NAIC...

Bad news for Sorford Surety Insurance
06 October 2014
Reporter Stephen Durham

A.M. Best has downgraded the issuer credit rating to "bb" from "bb+" and affirmed the financial strength rating of B (Fair) of Sorford Surety Insurance...

Three new appointments for Bermuda's BDA
21 August 2014
Reporter Stephen Durham

The Bermuda Business Development Agency (BDA) has appointed three senior executives: new CEO Ross Webber and Business Development Managers (BDMs), Sean Moran and Jereme Ramsay...

Kane scores a brace
08 August 2014
Reporter Stephen Durham

Kane SAC has made two new issuances; a $7,320,000 Series 2-2014 At-Risk Note and a $9,245,000 Dodeka III through the Kane SAC Limited Note Program, the firm’s independent private catastrophe bond platform...

Solid increase for Montpelier Re
04 August 2014
Reporter Stephen Durham

Montpelier Re’s fully converted book value per common share was $31.74 for the quarter ending 30 June 2014 (Q2), an increase of 2.8 percent from 31 March 2014 and an increase of 8.7 percent from 31 December 2013...

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