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Massachusetts Mutual Life Insurance Company has joined Bermudian-domiciled financial services holding company White Mountains Insurance Group Ltd as an equity investor in Kudu Investment Management LLC. Since 2018, New York-based Kudu said, it has ac...

AM Best has affirmed the financial strength ratings of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of Aspen Bermuda Limited (ABL) and three related companies -- Aspen Insurance UK Limited (AIUK), Aspen American Insurance ...

Conyers has announced the recipients of its Legal Education Awards for 2022, providing $70,000 in funding to five local law students. Sierra Brangman was presented with the Conyers Legal Scholarship to further her legal studies at the University of ...

London-based Hamilton Global Opportunities plc has completed a second investment in Miami International Holdings Inc, the parent company of the Bermuda Stock Exchange, for $2.15 million through a secondary share purchase. Gustavo Perrotta, founder an...

Convex Group Limited, the Bermudian-based international specialty re/insurer, has announced a partnership with Bermudian Olympic Games gold medallist triathlete Dame Flora Duffy. For the next three years, Convex said, it will support Ms Duffy as she ...

PartnerRe Ltd has had its ratings affirmed on the eve of its $9 billion sale to French mutual insurer Covéa. AM Best affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of the operating ...

Axis Capital Holdings Limited has announced a $250,000 endowment to international business school Insead to create a research fund on behalf of the company’s former chairman of the board. The Michael A. Butt Fund for Business & Society by Axis Capita...

A Madison Avenue agency specialising in travel and lifestyle public relations has taken over as image maker for the Hamilton Princess Hotel. Laura Davidson Public Relations was listed by Forbes magazine last year among “America’s best PR agencies”. I...

Net profits more than tripled to $24.3 million in the first quarter of the year for Avance Gas Holding Ltd, the Bermudian-based company engaged in the transportation of liquefied petroleum gas. That compared with a net profit of $7.5 million for the ...

Industry veteran David Harris has joined Bermudian-based Everest Re Group Ltd as senior vice-president, chief reserving actuary, succeeding Ellen Edmonds. He will report to Everest Group chief operating officer and head of reinsurance Jim Williamson,...