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Dan Linden is stepping down from his position as CEO of Darag North America, the Bermuda and US arm of Darag Group Ltd, the international legacy specialist. Tom Booth, Darag group CEO, said: “We are sad to say goodbye to Dan Linden, who has been extr...

Ascot Group, the Bermudian-based re/insurer, has appointed Brian Chiolan as executive vice-president, management & professional liability. In the newly created position, Mr Chiolan will have oversight responsibility for Ascot’s US management liabilit...

Bermudian-based Axis Capital Holdings Limited has announced sweeping changes to its operation as it shifts its focus to specialty underwriting. A series of moves announced today include: •Appointing Vince Tizzio as CEO Specialty Insurance and Reinsur...

Isaiah Cabral has been awarded the 2022 Deloitte Scholarship. The professional services firm said the award offers up to $30,000 per year for a term that is typically two years. Deloitte said it supports two students each year with a total scholarshi...

Jesse DeCouto has been promoted to the position of chief underwriting officer at Bermudian-based Validus Re, the reinsurance arm of AIG. Mr DeCouto will be responsible for global underwriting oversight, including inward reinsurance underwriting and o...

Matthew Grigg is to join the corporate practice at law firm Carey Olsen Bermuda Limited as a partner. The firm said Mr Grigg is the second partner hire for the corporate team in the past year as it continues to expand and broaden its capabilities and...

Darag Group, the international legacy specialist with an office in Bermuda, has appointed Rob Samuel as group chief operating officer. The company said Mr Samuel has more than 20 years of experience in the insurance market, spanning roles at Marsh, A...

Aquarian Holdings, the New York-domiciled investment firm, has agreed to acquire a controlling interest in Somerset Reinsurance Ltd, the island-based provider of reinsurance solutions to the US life insurance and annuity market. In addition, the tran...

Insurance industry veteran Nicholas Walsh has been appointed to the board of directors of Sompo International Holdings Ltd, the Bermudian-based global provider of commercial and consumer property and casualty re/insurance. “We are very pleased to wel...

Property and speciality re/insurer IQUW has appointed Helen Thornton as chief financial officer for IQUW Re Bermuda Limited and group head of finance. Ms Thornton joined IQUW from Nephila Capital, where she held roles as co-head of reinsurance and ch...