Evertas, one of the world’s first cryptoasset insurance companies, has received its licence from the Bermuda Monetary Authority to start operating from the jurisdiction. It will operate as a ‘Class 3A’ insurer. Evertas’ operations in Bermuda will now aim to start issuing policies for theft or loss of cryptoassets, with a view to securing a […]
The London Market Group (LMG) and McKinsey launched the London Matters 2020 report today, an update on the London (re)insurance market’s position between 2010 and 2018. The data and analysis reflect this period, but the report does […]
The Board of the Bermuda International Long Term Insurers and Reinsurers (BILTIR) has made the very difficult decision to cancel its 2020 Bermuda International Life & Annity Conference scheduled for September 17. The popular event would […]
Rating agency AM Best has upgraded the financial strength and credit rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” from “a-” of International General Insurance Co […]
The first half financial reporting season is upon us and as always it will be a challenge for reporters to make the story behind each firm’s numbers sound different. This is because as certain major […]
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