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Axis Re, the reinsurance business segment of Bermudian-based Axis Capital Holdings Ltd, has promoted Simon Stirnemann to the post of head of EMEA LatAm Casualty. Mr Stirnemann, who will lead the company’s EMEA LatAm Casualty team, was among three pro...

Vendors have been invited to express interest in participating in an open-air market on Court Street. The market, to be held on Sunday July 25 from 1pm until 6pm, is a joint effort of the merchants on North Hamilton’s main shopping street. Organisers...

Mosaic Insurance has begun underwriting transactional liability coverage in the United States amid what it says is a current upsurge in mergers and acquisitions activity. The Bermudian-based global speciality insurer, launched in February, said it of...

The RG/BSX Index closed unchanged at 2,492.08 after no trading on the Bermuda Stock Exchange. The BSX Insurance Index was at 1770.90, a change of 27.81 or 1.60 per cent. The Bank of Butterfield fell 20 cents (0.57 per cent) on the New York Stock Exch...

Bermudian-based Fidelis Insurance Holdings Ltd has expanded its capital base with an investment from The Travelers Companies Inc. Fidelis said the American insurance giant has made a “strategic minority investment” in the company. Terms of the deal w...

The Bermuda Business Development Agency is to launch a webinar series that will focus on providing thought leadership and insights from key business leaders in Bermuda and other markets. The BDA said the Bermuda Angle Webinar Series will launch on Ju...

Bermudian-based International General Insurance Holdings Ltd has set up a European subsidiary in Malta to directly access business across Europe. International General Insurance Company (Europe) SE, a subsidiary of Bermuda-based International General...

The Bermudian-based subsidiary of an American annuity, life insurance and reinsurance group has entered into a $4.8 billion reinsurance transaction. Global Atlantic Financial Group said its subsidiary, Global Atlantic Assurance Limited, inked the dea...

Apex Group Ltd has secured corporate ratings from Moody’s Investors Service and S&P Global Ratings. The Bermudian-based global financial services provider said the Group and its subsidiaries were assigned a “B2” corporate family rating by Moody’s and...

Axis Capital Holdings Ltd has appointed Bermuda market veteran Chris Caponigro as global head of the rebranded business segment Axis ILS. The rebranding of its third party capital unit as Axis ILS was announced by the Bermudian-based re/insurer in ta...