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The Association of Bermuda International Companies completed its 2022 Annual General Meeting at O’Hara House, with Wayne Smith taking over as the new executive director from the retiring Richard Winchell. Mr Winchell, who occupied the seat for 16 yea...

The moves to reduce the risk profile, improve earnings and reinforce capital adequacy has factored in the decision of Moody's Investors Service to affirm the A3 financial strength ratings of the insurance businesses of Aspen Insurance Holdings Limite...

Felix Edgren has been named Apex Group Ltd. regional head of corporate product – Nordics, effective today. Based in Sweden and reporting to HP van Asselt, global head of corporate products & growth, Mr Edgren will be responsible for leading the deliv...

Bunge Limited, the American agribusiness and food company, has announced that its board of directors has unanimously approved moving its place of incorporation from Bermuda to Switzerland. Under the proposal, Bunge would become a Swiss corporation. T...

The Association of Bermuda Insurers and Reinsurers CEO, John Huff, is in Tampa, Florida this week for the National Association of Insurance Commissioners Fall National Meeting. Mr Huff is a past president of the NAIC, the US standard-setting body for...

Two bond insurance subsidiaries of Assured Guaranty Ltd have resolved their exposure to bonds, as the Puerto Rico Highways and Transportation Authority exited from bankruptcy last week. On December 6, the Modified Fifth Amended Title III Plan of Adju...

The Argus Group has announced continued support of the Open Airways Spacer Programme with a donation of $8,360. This is the fourth year Argus has supported the charity’s pledge to distribute at least 1,000 spacers, which cost between $12.50 and $21.5...

Appleby Bermuda has advised Arc Ltd, a longstanding client, on its first parametric insurance product against high-impact epidemic risks. The product will provide parametric insurance to African Union member states for three selected pathogens respon...

The board of directors of Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has approved an increase in the size of the company’s existing share repurchase authorisation to $400 million. Brian ...

Bermudian-based Axis Capital Holdings Limited has appointed Andy Maher as head of cyber and technology, London. In his new role, Mr Maher leads the London-based team of underwriters and will focus on developing the team and enhancing the range of pro...