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CrossTower, the exchange operator licensed by the Bermuda Monetary Authority, has reported record trading volumes in October of $587 million. The company, which has offices in Bermuda, the United States and India, added that it has posted more than $...

Markel Corporation is to wind down Bermuda-based Lodgepine Capital Management Limited, the company’s retrocessional insurance-linked securities fund manager. The company said that it has entered into a consultation period with Lodgepine's 18 employee...

Bermuda-based Flex LNG Ltd, the liquefied natural gas shipping company, has reported net income of $33 million for the third quarter. The company reported earnings per share of 62 cents. Those figures compare with net income of $12.7 million and earn...

One Communications, Bermuda’s Tier 1 business solutions provider, is expanding its business solutions on offer. The company said that it is now providing clients with a full range of end-to-end IT solutions, including networking and connectivity, IT ...

Eight Bermudians have joined the Hamilton office of Markel Corporation. Joining the re/insurance company are Nikara Fraser, director, casualty; Jordan Outerbridge, underwriting support specialist; Jaime Peixoto, director, professional liability; Domi...

Ricardo Garcia, chief actuary at the Bermuda Monetary Authority, has been appointed to the executive committee of the International Association of Insurance Supervisors. He succeeds BMA chief executive officer Craig Swan in the role. Mr Garcia also s...

Mike Hoffman has joined Bermuda-based James River Group Holdings Ltd as group chief underwriting officer. In a newly created role, the company said, Mr Hoffmann will lead a team with responsibility for underwriting, enterprise risk and ceded reinsura...

Law firm Carey Olsen Bermuda Limited has been ranked in six practice areas in the 2022 edition of Legal 500 Caribbean. The firm said that it increased its rankings in four practice areas, and is now ranked Tier 1 for Trusts/Private Client and Tier 2 ...

Bermuda-based Sompo International Holdings Ltd, the global specialty provider of property and casualty insurance and reinsurance, has appointed Mike Reid as executive vice-president, head of casualty, international insurance. He will be based in Lond...

Lynesha Lightbourne has been named assistant director of public policy and government relations at the Association of Bermuda Insurers and Reinsurers (Abir). Abir said that Ms Lightbourne has 18 years of business development, financial services and h...