AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) of Argus Insurance Company Limited and Bermuda Life Insu...
Helen O’Sullivan has been promoted to the position of global treasurer at Axis Capital Holdings Limited.
The appointment is effective January 1 subject to regulatory notifications.
In this role, the c...
Bermudian-based specialty insurer Argo Group International Holdings Ltd has agreed to sell ArgoGlobal Holdings (Malta) Ltd and its subsidiaries to Riverstone Holdings Limited.
The closing of the trans...
Bermudian-based Sompo International Holdings Ltd, the specialty provider of property and casualty insurance and reinsurance, has appointed John Goodloe as executive vice president, head of E&S casualt...
Keith Robinson, partner and head of the trusts and private wealth practice at Carey Olsen Bermuda Limited, has been presented with a 2021 STEP Founder's Award for Outstanding Achievement.
The awards, ...
William Welch has completed a second 12-week internship at engineering company iEPC Limited as part of his university engineering programme.
Mr Welch, who will soon return to school, is a second year ...
Neville Grant has been appointed chief executive officer of Bermuda Commercial Bank.
The appointment was made at this month’s meeting of the company’s board of directors.
Following a “successful t...
Bermuda-headquartered Allied World’s improved profitability and capitalisation has led Moody's Investors Service to upgrade the insurance financial strength (IFS) ratings of the company’s insurance op...
Bermudian-based Borr Drilling Limited, the oilfield services company, has secured a contract for the premium jack-up drilling rig Norve with BW Energy for work in Gabon.
The company said the contract ...
The international business of a global insurer, including its Bermuda reinsurer, has faced underwriting deficiencies and catastrophe losses in recent years, together with regulatory solvency breaches ...
