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Abigail Clifford has been appointed president and group chief operating officer, and CEO designate of the BF&M group of companies. A date for the transition has not been set and John Wight remains group chairman and CEO. The company said that the sel...

Most people will never win an Olympic gold medal like Flora Duffy, but if you are quick on your feet you may taste gold, thanks to Gosling’s Limited. Its new Goslings Flora Duffy Gold “represents the sweet taste of victory after years of hard work”. ...

Bermuda-based Citadel Reinsurance Company Limited has received a $25 million balance sheet cash injection from parent company Citadel Risk Group. The group also injected $10 million into the balance sheet of New Jersey-based American Millennium Insur...

Just before a significant milestone, the Bermuda-headquartered international financial services organisation LOM Financial Group has undergone a rebrand. Approaching three decades in business, and now with offices also in the Bahamas, Cayman and the ...

Bermuda-based Mosaic Insurance has extended its war, terrorism and political violence coverage to offer up to $600 million per risk. The global specialty insurer said that the increased capacity allows the company to serve clients via domestic US or ...

Costas Miranthis, the former Partner Re president and CEO, has been appointed as an independent non-executive director to the group board of RiverStone International, the acquirer and reinsurer of legacy and discontinued insurance business. Mr Mirant...

AXA XL has promoted Danielle Roth to the position of practice leader and head of Cyber Claims, North America. Based in Stamford, Connecticut, the company said Ms Roth is responsible for developing and implementing the claims strategy and best practic...

Axis Insurance, the specialty insurance business segment of Bermuda-based Axis Capital Holdings Limited, has made three appointments within its financial institutions London team. Beth Convey, Julieta Moya and Mark Sutton all join as senior underwrit...

Carrick Holdings (Bermuda) has entered into an agreement with the Bank of Montreal to provide funding of up to $40 million for legacy transactions. The Bermuda-based company is a subsidiary of Carrick Specialty Holdings LLC, an international non-life...

A Bermuda investment banker 30 years ago, who subsequently became involved in the financing of insurers and reinsurers, has just launched a new Puerto Rico reinsurer, Taussig Capital Re. Well known in Bermuda, Joe Taussig announced on Monday that Tau...