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Bermudian-domiciled reinsurer and asset consolidator Monument Re Group and Axa Belgium have agreed the transfer of a run-off life insurance portfolio. The transaction, through Monument Re’s subsidiary Monument Assurance Belgium, involves the transfer...

The Bermuda National Trust is operating a holiday pop-up shop at its headquarters at Waterville in Paget. Held for the fifth year running, the shop on Pomander Road, across from Aberfeldy Nurseries, features a wide range of items made and designed by...

Bermuda’s efforts to prove its reliability in global efforts to counter money laundering and terrorism financing, face another crucial test in the new year. But government revealed today that the island has assumed the chair of the Caribbean Financia...

Bermuda Realty Company Limited and Coldwell Banker Bermuda Realty have acknowledged a number of team members with long service awards. The awards were presented by president and CEO Brian Madeiros. He said: “Today, we give recognition to those loyal...

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) of Argus Insurance Company Limited and Bermuda Life Insurance Company Limited. Both companies are subsidi...

Helen O’Sullivan has been promoted to the position of global treasurer at Axis Capital Holdings Limited. The appointment is effective January 1 subject to regulatory notifications. In this role, the company said, Ms O’Sullivan will be responsible for...

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...