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Bermuda’s holdings of total assets increased by 16.9 per cent (or $239.4 billion) by the end of 2021 compared to the previous year, reaching $1.66 trillion, according to new figures from the Bermuda Monetary Authority. At the same time, Bermuda’s for...

BMS Group, the independent specialist re/insurance broker with an operation in Bermuda, has announced that a definitive agreement has been entered into with Eurazeo, the global investment company headquartered in Paris, for an additional investment i...

Darag Group, the international legacy acquirer, has appointed Till Mathis Wagner as head of M&A, Europe. His appointment will come into effect in Q1 of 2023. Mr Wagner joins Darag from Guy Carpenter where he was most recently managing director of str...

Dewar's Blended Scotch Whisky, a brand that is part of the portfolio of Bermudian-headquartered Bacardi Limited, has added to its growing list of accolades. Bacardi is preparing for robust sales for the new offering, including in Bermuda. Already the...

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit ratings of “aa” (Superior) of Hannover Rück SE (Germany) and its main subsidiaries, including Hannover Re (Bermuda) Ltd and Hannover Life Reassurance ...

James Anfossi has joined Vesttoo as AVP, portfolio manager. Mr Anfossi, who will be based on the island, joins from Aeolus Capital Management, where he served as an analyst. He previously worked at Fidelis Insurance as a risk analyst, and at Axis Cap...

Sompo International Holdings Ltd, the Bermudian-based specialty provider of property and casualty insurance and reinsurance, has appointed Christian Crozier as senior vice president, head of UK Retail Casualty. He will be based in London and report t...

A special session of the Florida legislature has led to insurance reforms that will bring relief to the state’s homeowners market, but capacity will likely remain limited with high reinsurance costs in the near future. That’s the view of rating agenc...

Lawyers from across four of Appleby’s global offices have been recognised in the 2023 edition of the Private Client Global Elite Directory. Vanessa Schrum, head of private client and trusts in Bermuda, and Bermuda senior associate Caljonah Smith have...

White Mountains Insurance Group Ltd has announced that Ark Insurance Holdings Limited, its specialty property and casualty reinsurance and insurance subsidiary, has sponsored the formation of a reinsurance sidecar to provide collateralised reinsuranc...