Bermuda News

Hurricane Bill Continues on Course; Bermuda on Alert

Hurricane Bill continues to follow the trajectory forecast by the National Hurricane Center in Miami. The storm remains a Category 3 hurricane with maximum sustained winds of around 115 mph, 185 km/hr, with higher gusts. According to the latest NHC …

Bill Weakens to Category 3 Hurricane; Predicted Course Unchanged

Hurricane Bill has weakened somewhat from a category 4 storm to category 3 on the Saffir-Simpson scale. It nonetheless remains a dangerous storm with maximum sustained winds of around 125 mph, 205 km/hr, with higher gusts. The National Hurricane Center …

Hurricane Bill Could Bring Dangerous Swells, Rip Currents to U.S. East Coast

Powerful Hurricane Bill, a dangerous Category 4 storm with 135 mph winds, raged across the open Atlantic Wednesday, days from land but on a path that could menace Canada’s eastern provinces next week. Sweeping past the Caribbean islands and posing …

Major Storm Activity Could Bring Silver Lining of Price Hikes for Insurers

The first hurricane of the 2009 Atlantic season may end up skipping past the United States, leaving insurers to hope that the next ominous storm clouds will come ashore with a silver lining. Insurers can face billions of dollars in …

Bill Joins the Big Boys as a Category 4 Hurricane

The most recent bulletin (5:00 am AST) from Miami’s National Hurricane Center warns that Bill has strengthened markedly, and is now a category 4 hurricane on the Saffir-Simpson scale. The NHC said the storm’s center was located about 460 miles, …

Hurricane Bill Expected to Spare U.S. The Worst of Its Force

Hurricane Bill, the first of the 2009 Atlantic season, gathered strength and grew into a dangerous Category 4 storm with sustained winds of up to 135 mph (215 kph) on Wednesday, the U.S. National Hurricane Center said. Bill posed no …

Hurricane Bill Expected to Strengthen to Category 3; Ana, Claudette Weaken

Hurricane Bill, the first hurricane of the 2009 Atlantic season, revved up quickly Monday as it headed toward Bermuda, while the remnants of Tropical Storm Ana dissipated without threatening the U.S. Gulf oil patch. Bill strengthened into a Category 2 …

Ratings Roundup: Glencoe (RenRe), Aegon, IGI

Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to Glencoe Insurance Ltd., Stonington Insurance Co., Lantana Insurance Ltd., and Stonington Lloyd’s Insurance Co. (collectively referred to as RenRe Insurance) with stable outlooks. “The …

UPDATE: Hurricane Bill Moving West-Northwest towards Bermuda

The latest bulletin from the National Hurricane Center in Miami reports that Hurricane Bill continues to move “west-northwestward across the tropical Atlantic with little change in strength.” As of 5:00 a.m. AST the storm’s center was located about 810 miles, …

Hurricane Bill Heads for Bermuda

Hurricane Bill, the first hurricane of the 2009 Atlantic season, gained strength quickly as it churned across open ocean Monday in the direction of Bermuda, the U.S. National Hurricane Center said. Two other tropical cyclones, Ana and Claudette, were fading; …