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Strategic Risk Solutions, the world’s largest independent insurance company manager, continued its growth trajectory in 2021. SRS said it participated in the Business Insurance survey of captive managers, reporting 427 total captives and 472 cells un...

Industry veteran Simon Johnson has been appointed president and chief executive officer of Seadrill Limited, the offshore drilling company based in Bermuda. Mr Johnson replaces Stuart Jackson in the roles with immediate effect, the company said. Juli...

The cash consideration for the sale of Bermudian-based reinsurer Partner Re Ltd to French mutual insurer Covéa is to increase by $328 million. Sellers Exor, the diversified holding company controlled by the Agnelli family, said in their 2021 annual r...

The Lido Complex on the Elbow Beach Hotel property has reopened after closing for a short period during the winter months. The popular Sea Breeze Lounge & Terrace is now open for lunch, dinner and takeout from Tuesday to Sunday. Starting in May, they...

Called to the Bermuda Bar in November 2021, Ojeda Smith has joined Appleby’s legal trainee programme and begins her first seat with the firm’s insurance department. Ms Smith said: “It is an honour to be given the opportunity to train at one of Bermud...

Bermudian-based oil tanker company Nordic American Tankers Ltd looks set to appoint a woman as a member of its board for the first time. The organisation said American Jenny Chu will be suggested to be elected as a board member of NAT. She is expecte...

Apex Group Ltd, the Bermudian-based global financial services provider, has appointed Krishna Prasad as head of US. Based in Apex’s New York offices, the company said, Mr Prasad will report to Georges Archibald, managing director, Americas. He will b...

Aon has appointed Mike Merlo as its claims leader for the United States and Bermuda. In his new role, Aon said, Mr Merlo will work with the firm’s claims leaders across all product lines to ensure that Aon is employing best practices in advocating fo...

Bermudian-headquartered global specialty re/insurer SiriusPoint Ltd has announced a strategic partnership with Players Health, an amateur sports insurance and risk-management platform. SiriusPoint said it was one of the lead investors in Minneapolis-...

Buckle, a digital financial services company for the gig economy, has completed a $15-million upsizing of its term loan with participation from Siguler Guff & Company LP along with existing lender Hudson Structured Capital Management Ltd, conducting ...