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A group of international business organisations has released a survey to gauge the validity of their annual ‘international business is everybody’s business’ campaign. The awareness campaign has run since 2013 and now includes the Bermuda Business De...

Entrepreneurship 101, the course hosted by the Bermuda Economic Development Corporation, returns to in-person delivery and organisers have slashed the cost to just $180 to ensure cash-strapped entrepreneurs can be accommodated. The cost was $300 the ...

Apex Group Ltd, the Bermudian-based global financial services provider, has continued its growth in New Zealand with the acquisition of Implemented Investment Holdings Limited, the parent company of Implemented Investment Solutions and InvestNow. IIS...

Asta, the third-party managing agent at Lloyd’s, and Bermudian-based Catalina Group, a global provider of retrospective reinsurance and capital solutions, have announced that Lloyd’s have granted “in principle” approval of a new syndicate to underwri...

Klaus Sapelza has been appointed chief underwriting officer and Mario Spescha has been named chief operations officer at Bermudian-based Lumen Re. Both were formerly part of the ILS team at LGT Capital Partners in Switzerland. Lumen Re serves as a co...

Envelop Risk, the global specialty cyber underwriting firm, has launched Bermudian-based Envelop Capital Markets, a practice led by veteran underwriter and ILS specialist David Ross. The company said the practice, announced Tuesday at Rendez-Vous de ...

The hard insurance market’s fuelling of growth in the captive insurance market may be reflected in the latest registration figures announced by the Bermuda Monetary Authority. The BMA has confirmed the registration of nine insurers in August, taking ...

Growth in global insurance, and the subsequent naturally occurring expiry or capital exit are reasons for an increase in the global non-life run-off market. Estimated liabilities rose 11 per cent to $960bn since the beginning of 2021, according to Pw...

HSCM Bermuda has promoted Rachel Bardon to deputy chief investment officer, and Gokul Sudarsana to chief actuary. Ms Bardon joined HSCM in 2016 as the firm was being formed. Since joining she has been an integral part of the development of the firm’s...

MS Amlin AG, the Switzerland-domiciled global reinsurer with an underwriting office in Bermuda, has announced its rebrand to MS Reinsurance, An MS Amlin AG Company. The name change, which will occur this month, reflects parent company MS&AD’s commitm...