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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...

Patrick Charles and Darryl Siry have been appointed to the executive leadership team at SiriusPoint Ltd, the Bermudian-based global specialty re/insurer. Mr Charles has also been promoted to global head of property and casualty insurance and services...

The Bermuda branch of the Institute of Directors and law firm Carey Olsen Bermuda are to present a free session about the island’s economic substance regime. The Bermuda Economic Substance: Summary and Update presentation will be held virtually on Tu...

Christophe Raimbault is to take on a new role as vice-president – sustainability and new energy at Valaris Limited, the Bermudian-based offshore drilling company. Mr Raimbault, the company’s vice-president and interim head of marketing, will continue...

AM Best is to hold a free analytical briefing on the expanding non-catastrophe insurance-linked securities market. The briefing is on Tuesday, June 21 at 11am Bermuda time. The ratings agency said prominent reinsurers and specialist underwriters incr...

Outside of Florida, large (re)insurers are positioned to absorb the shocks of potential catastrophic hurricane damage, Fitch Ratings has determined in their US Hurricane Season 2022 report. The publication, which is a desk reference for insurance inv...