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Darag Group, the international legacy specialist with an office in Bermuda, has announced that its German insurance carrier, Darag Deutschland AG, has received court approval to complete a Part VII transfer with China Taiping Insurance (UK) Co Ltd, a...

Bermudian-based Athene Holding Ltd, the financial services company, has served as the lead investor in the transaction and is the majority shareholder of a new, unified fleet management business. The company said LeasePlan USA and Wheels Donlen annou...

A Bermuda company, Lancashire Holdings Limited, and its Bermuda insurer are facing a negative outlook for ratings issued by credit rating agency AM Best. Although recognising several positive attributes of performance and management processes, the ag...

Counterpart, the Los Angeles-based management liability insurtech, has added miscellaneous professional liability insurance to its existing suite of management liability products and services available to small businesses through Counterpart’s wholes...

Bermudians are expected to benefit from a new, regional strategic partnership between Mastercard and Vesta, a leading end-to-end fraud prevention platform for digital purchases, the companies have announced. The initiative seeks to broaden protection...

For the third consecutive year, HSBC Bermuda has joined companies from around the world in recognising the International Day of Persons with Disabilities and illuminating the bank’s Harbourview building in purple on Saturday. IDPWD has been promoted ...

Sompo International Holdings Ltd, the Bermudian-based global provider of commercial and consumer property and casualty re/insurance, has appointed Ron Willett as executive vice-president, field management for the North America region, Commercial Insu...

Höegh LNG Partners LP has announced that Erik Nyheim has been appointed by the general partner to fill the vacancy created by the resignation of John Veech as an appointed director of the board of directors of the partnership. Additionally, Carlo Rav...

Bermudian-based Convex Re Limited has appointed Paul Simons as deputy chief executive officer and has promoted Richard Slater to chief underwriting officer. Both will assume their roles this month and will be based on the island. They will report to ...

Hurricane Ian and other extreme weather events such as the winter storms in Europe, flooding in Australia and South Africa as well as hailstorms in France and in the US resulted in an estimated $115 billion of natural catastrophe insured losses this ...