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The UK government has begun public consultation seeking views on how a worldwide 15 per cent minimum corporation tax should be domestically implemented. The consultation seeks views on the application of the global minimum corporation tax in the UK, ...

Axa XL today announced that Bermudian Nigel Williams has been promoted to the role of vice-president, senior underwriter within the Bermuda excess casualty team. Mr Williams has extensive general casualty experience with Fortune 1000 companies. His n...

Santiago Hernandez has been named CEO of Arch Re Facultative, which is part of Bermudian-based Arch Capital Group Ltd. Mr Hernandez’s ascension was among several promotions in Arch Re Fac’s leadership team that coincide with the retirement of former ...

Sompo International Holdings Ltd, the Bermudian-based specialty provider of property and casualty insurance and reinsurance, has appointed Patrick Corbett as executive vice-president, global head of accident & health, International Insurance. He will...

Paolo Enoizi has been appointed chief executive officer of GasLog Ltd, the Bermudian-based owner, operator and manager of liquefied natural gas carriers. Effective March 10 he succeeds Paul Wogan, who informed the company’s board of directors of his...

A lawsuit in Florida alleging fraud in relation to CATCo and its former CEO Tony Belisle has been stayed, as the American court awaits Bermuda Supreme Court decisions on the insolvency and winding down of Markel CATCo retrocessional reinsurance funds...

Aspen has launched Project Leaf, an ESG integration strategy that will incorporate environmental, social and governance information into the decision making process for its credit and political risk (CPR) portfolio. By 2026, the project aims to see o...

Consumers who participated in the third annual “Eat, Shop, Play” initiative within the island’s three economic empowerment zones over the holiday season spent more than $90,000, the Bermuda Economic Development Corporation reported today. The initiat...

Enstar Group Limited, the global insurance group based in Bermuda, has announced that a wholly owned subsidiary has reached an agreement for a ground-up loss portfolio transfer with Aspen Insurance Holdings Limited for its 2019 and prior business (th...

Bermudian-based multi-line specialty reinsurer Ariel Re has expanded its relationship with Berkshire Hathaway Inc, the multinational conglomerate led by billionaire chairman Warren Buffett. In separate transactions, Omaha-based Berkshire Hathaway’s w...