Reinvention keeps the island afloat.

Bermuda has become a reinsurance powerhouse but it must change constantly to survive, says Roger Crombie.

For most of the 20th century, insurance has been an industry slow to
change. The very nature of the business has caused its participants to
regard change at best with suspicion and more often as
coun

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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