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The parent company of island-based Palomar Specialty Reinsurance Company Bermuda Ltd has approved a new two-year $100 million share repurchase programme. California-based Palomar Holdings Inc said the programme replaces the previous share repurchase ...

The risk landscape is becoming more complex and there are growing, emerging and intangible risks, together with new risks and changing protection needs, presenting insurers with a significant opportunity, concludes a special report from rating agency...

Everest Re Group Ltd, the Bermudian-based global re/insurer, has become an official signatory of the UN Principles for Sustainable Insurance, a global framework for a sustainable insurance industry developed through partnership between risk-managemen...

Bermudian-headquartered reinsurer Roosevelt Road has added industry veteran Darren Bailey to the fast-growing firm. Mr Bailey steps into the director of ILS and capital markets role with immediate effect, having departed in June last year from Randal...

Former Bermuda resident Dan Palardy has joined as lead actuary at Cowbell Cyber, the industry's first AI-powered cyber-insurance provider for small to medium enterprises. Mr Palardy worked in the Bermuda office of Axa XL from 2016 until 2019. At Cowb...

Peter Hartt has been appointed US head of compliance and regulatory affairs at Bermudian-based Randall & Quilter Investment Holdings Ltd. The leading non-life global specialty insurance company focusing on programme management and legacy insurance bu...

Applications are now open for Butterfield’s Bermuda Undergraduate Scholarship award, which has been increased by $5,000 to $30,000. The scholarship is tenable for up to four academic years and provides financial assistance to outstanding students who...

Bermuda’s newest internet provider is offering “burstable bandwidth” which it says will prove valuable to business users because it ensures maximum bandwidth when they need it, without extra cost. A Horizon statement said when businesses hit a busy p...

The Institute of Directors Bermuda will kick off its 2022 professional development programme with the in-depth panel discussion titled What Directors Need to Know for the Year to Come. The event, held in conjunction with professional services firm KP...

Navdeep Dhesi has been appointed chief executive officer of Bermuda Aviation Services Limited. The announcement, made in a filing with the Bermuda Stock Exchange, said Ms Dhesi’s appointment was effective January 1. She was formerly chief operating a...