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Axa XL Insurance has appointed Rafael Docavo-Malvezzi as global chief underwriting officer for Political Risk, Credit & Bond and Lian Phua as head for PRCB, Americas. Mr Docavo-Malvezzi, who is based in New York, will report to Stephen Ashwell, group...

Bermuda market veteran Robert Bisset has joined Lockton Re as chairman, global retrocession and property specialty, Bermuda and Market Capital. The company said his appointment is subject to regulatory approval. Lockton Re, the global reinsurance bus...

Twenty young adults have participated in the launch of the first-ever Ignite Bermuda Young Adult Entrepreneurial Internship Programme. The programme, sponsored by HSBC Bank Bermuda, kicked off with a two-day “boot camp” alongside Ignite’s fourth coho...

Bermudian-based re/insurer Ascot has appointed Jeffrey Canfield as executive vice-president, casualty and product innovation for Ethos Specialty, the group’s wholly-owned managing general underwriter. The company said Mr Canfield will be responsible ...

Acrisure Re, the insurance broking and corporate risk advisory firm with an operation in Bermuda, has launched a London-based cyber reinsurance division in partnership with cyber-risk modeller, Kovrr. The company said the new division will be led by ...

Cybersecurity specialist Daisy Lopez has joined Bermudian-based Mosaic Insurance as the new insurer expands its US team of underwriters. Based in New York, Ms Lopez will be VP, production specialist, cyber, reporting to Mosaic’s head of Americas cybe...

Chris Shanahan is to succeed Alan Ryder as chief executive officer, North America Life, at PartnerRe Ltd. Mr Ryder is to retire on August 31, with Mr Shanahan’s appointment effective the next day. Mr Shanahan has been serving as president, US Life, f...

Bermudian-based SFL Corporation Ltd has agreed to acquire two medium-sized container vessels in combination with long term charters to a leading container line. The company said the vessels are modern eco-design built in 2013 and 2014 with approximat...

A director of PartnerRe Ltd has received a knighthood in the Queen’s Birthday Honours List. António Horta–Osório has been honoured for his work in financial services as well as for voluntary services to mental healthcare and culture. The Portuguese-b...

A Bermudian tech company has launched a mobile app to make signing PDF documents easier. Amy Peniston, the Bermudian CEO of Cactus Ltd, said the Stamper app makes it easy to add your signature to a PDF. She said a simple phone app, available for Appl...