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US federal agencies have issued a warning on the dangers posed to banks by crypto-asset risks.

Arch Insurance Canada Ltd, a wholly-owned subsidiary of Bermudian-based Arch Capital Group Ltd, has promoted Jean-Pierre Galipeault to president and chief regional executive.

Jennifer Santiago, the director of risk management and safety at the largest retailer-owned co-operative in the United States, has become the new president of Rims.

Chubb is leveraging formidable underwriting and risk engineering resources to launch a global climate business unit

Fidelis Insurance Holdings Limited has completed the transaction creating a new managing general underwriter separate from Fidelis and the existing insurance companies

Axa XL Insurance has promoted Cheri Hanes, formerly subcontractor default insurance construction risk engineering manager, to vice-president, head of innovation and sustainability for its North America construction insurance business. Ms Hanes assum...

Bermudian George F Hutchings is stepping down as chief operating officer of Everen Limited on April 1, the company has announced. Mr Hutchings, who will retire at the end of 2023, will remain at Everen for the balance of the year as special adviser. ...

Insurance industry veteran Don Bailey has joined American International Group as global head of distribution and field operations. He reports to Peter Zaffino, chairman and chief executive officer. For more than 30 years, Mr Bailey has held a variety...

Jon Burull has been named president and chief executive officer of Watlington Waterworks Limited. Mr Burull, formerly the chief operating officer of Bermuda Waterworks Limited, succeeds Allan Rance, who retired from the top posts at the end of 2022. ...

The January 1 renewals have proven to be one of the most challenging reinsurance markets the sector has experienced as reinsurers and cedents worked to establish a new market equilibrium, a leading global risk and reinsurance specialist has said. Guy...