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BMS News

Winter Weather and Hidden Issues for the Insurance Industry

By: - January 29th, 2019

It was not long ago that the insurance industry suffered a $2.4B industry loss from the harsh winter of 2013/2014, when “Polar Vortex” became a household word after the major cold snap of January 5-8, 2014 gripped the nation. Subsequent winters have totaled over $7B of loss, but there still […]

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Summary of Loss Trends

By: - January 15th, 2019

It’s nearly that time of year again when report after report will be issued summarizing the insured losses and economic impact that we saw in 2018. In fact, just last week Munich Re released its annual Natural Catastrophe Review showing that 2018 saw substantial disasters with large costs. However, global […]

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BMS Expands Bermuda Operation

By: - December 17th, 2018

BMS Group Limited (“BMS”), the independent specialist insurance and reinsurance broker, today announces the build out of its Bermuda market operation with the hiring of George Bowring from Price Forbes and Kian Wookey from JLT. The build out in Bermuda will focus on North American liability and property respectively. Bowring […]

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Bust or Not? Seasonal Hurricane Forecasts for 2018

By: - November 30th, 2018

Predicting a hurricane season is risky business, and a few egos may have taken blows this past season. That is, at least until April when the majority of 2019 Atlantic Named Storm forecasts will be made and the 2018 Atlantic season becomes a distant memory. Almost all hurricane predictions from […]

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A Second Severe Weather Season

By: - November 14th, 2018

Severe weather outbreaks are synonymous with the spring season, but there is an ever-so-slight increase in activity in the fall as well. As the days grow shorter and the weather turns cold, the insurance industry needs to remain on guard, as this is the height of the second severe weather […]

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