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Bermudian-based specialty insurer Argo Group International Holdings Ltd has agreed to sell ArgoGlobal Holdings (Malta) Ltd and its subsidiaries to Riverstone Holdings Limited. The closing of the transaction is expected during the first half of 2022, ...

Bermudian-based Sompo International Holdings Ltd, the specialty provider of property and casualty insurance and reinsurance, has appointed John Goodloe as executive vice president, head of E&S casualty, for US Insurance. Mr Goodloe will report to Chr...

Keith Robinson, partner and head of the trusts and private wealth practice at Carey Olsen Bermuda Limited, has been presented with a 2021 STEP Founder's Award for Outstanding Achievement. The awards, presented annually by the Society of Trust and Est...

William Welch has completed a second 12-week internship at engineering company iEPC Limited as part of his university engineering programme. Mr Welch, who will soon return to school, is a second year mechanical engineering student at the University o...

Neville Grant has been appointed chief executive officer of Bermuda Commercial Bank. The appointment was made at this month’s meeting of the company’s board of directors. Following a “successful transition period”, Mr Grant will step into the CEO...

Bermuda-headquartered Allied World’s improved profitability and capitalisation has led Moody's Investors Service to upgrade the insurance financial strength (IFS) ratings of the company’s insurance operating subsidiaries (collectively, Allied World) ...

Bermudian-based Borr Drilling Limited, the oilfield services company, has secured a contract for the premium jack-up drilling rig Norve with BW Energy for work in Gabon. The company said the contract was expected to commence in the second half of 202...

The international business of a global insurer, including its Bermuda reinsurer, has faced underwriting deficiencies and catastrophe losses in recent years, together with regulatory solvency breaches and governance issues, according to AM best. It le...

Everest Re Group Ltd and its board of directors have extended the employment agreement of president and chief executive officer Juan C Andrade. The global re/insurer said the extended agreement runs through the end of 2023 with automatic annual exten...

The Argus Group has announced the appointment of Aderonke Bademosi Wilson as the chief communications officer. Ms Wilson has been the director of the Government’s communications department. The company said that in leaving government, she will be re...