Market News
Bermuda Committed to Blockchain and Digital Assets
A group of Bermuda representatives recently participated in a series of media interviews and live broadcasts in New York. The discussions focused on emerging technologies as Bermuda works to position itself as the world's first regulated hub for blockchain business and digital assets. Read More
Increasing Rates for Most Major Commercial Lines According to IVANS
IVANS has announced its April "IVANS Index: Premium Renewal Rate Index" results. The beginning of the second quarter continues to showcase increasing premium renewal rates year over year across most major commercial lines. Read More
Power Grid Cyber Threats Spark Need for Customized Cyber Coverage
According to A.M. Best, specialty insurance groups in the energy and utility sectors have been exploring avenues to leverage their industry knowledge into areas of profitable but conservative and controlled growth in cyber insurance. Read More
Widening Terrorism Re-insurance Coverage Availability Crucial for Resilience
JLT Re's latest report analyzes the dynamics behind the evolving terrorist threat and examines how the terrorism re/insurance market has reacted. JLT Re advises that although significant progress has been made, there is still more to do in order to deliver a sustainable proposition that offers comprehensive protection to buyers. Read More
Risk Maps Reveal Heightened Political Violence and Political Risk
AON has published its 2018 "Risk Maps," covering political risk, terrorism, and political violence. Political violence risks are rising globally due to geopolitical tensions, a weakening of liberal democratic governance, and the repercussive effects of chronic conflicts around the globe. Read More