Characterizing Bermuda as "the hub for the American market," and boasting about having 12 of the world's top-40 reinsurers, Bermuda's premier vowed to keep a "low regulatory burden" for new companies
Some agencies are spending thousands and thousands of dollars to learn to sell more, increase retention, manage their producers and agencies better, hike agency value and so on. Agencies will spend $15,000 to $50,000 annually on consultants and
The Bermuda-based reinsurer said it is involved with setting up an attraction at Epcot Walt Disney World Resort in Orlando, Fla., aimed at educating the public about bad weather and how to protect hom
It is sometimes said that listening is a lost art, and if that had been the case at Cottingham & Butler, this insurance brokerage firm would probably have ended up as just another Main Street agency
"If a natural disaster were to occur, the CEO and the board are now held accountable," said John Merkovsky, Marsh global leader for Risk Consulting, during a conference call today. "It is no longer ac
Swiss Re reported that Agostino Galvagni, head of the firm's Global and Large Risk divisions, briefed participants at the Risk and Insurance Management Society annual convention in New Orleans on the
The current exemption, Advisen noted, is a narrow and limited one attached to activities that are regulated by a state such as joint development of insurance forms and the sharing of loss data for
XL Capital Ltd said yesterday that a program of executive training and development for insurance regulators and executives from mainland China is now in its final segment with sessions in Bermuda and
A Treasury Department official declined last week to endorse any of the various proposals for federal involvement in insurance regulation, but acknowledged the regulatory challenges facing the