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Price Forbes, the independent specialist global wholesale insurance broker, has appointed industry veteran Nicolas Bardon as executive vice-president, Bermuda. The company said Mr Bardon will work closely with Nick Foden-Pattinson, president of Price...

Bermudian-based International General Insurance Holdings Ltd, the specialty commercial re/insurer, has appointed Emily Clapham as senior underwriter for the company’s recently announced contingency line of business. IGI said Ms Clapham has extensive ...

Bermudian-based Sompo International Holdings Ltd, the global specialty property and casualty re/insurer, has appointed Billy Moore as senior vice-president of agency management for AgriSompo North America. The organisation is Sompo International’s No...

Bermudian-based re/insurer Axa XL has contributed $40,000 to the Bermuda Hospitals Charitable Foundation to support the Covid-19 vaccination clinic at King Edward VII Memorial Hospital. Axa XL said its donation is in response to the BHCF’s appeal for...

Apex Group Ltd, the global financial services provider founded in Bermuda, has acquired Tzur Management, a fund administration services provider with offices in Tel Aviv and New York. Terms of the deal were not disclosed. Apex said the strategic dea...

Acrisure Re, the reinsurance broking and corporate risk advisory firm with an operation in Bermuda, has launched an international facultative unit. The company, which is the reinsurance division of global insurance broker and fintech services provide...

Retail sales volume in Bermuda increased by 4.5 per cent in February as local businesses continued to benefit from a bump in on-island spending by residents. This compares to the previous year’s local retail sales, which reported a volume increase of...

Tom Albright is stepping down from his role as chief executive officer of Bermudian-based cryptocurrency exchange Bittrex Global (Bermuda) Ltd and Bittrex Global GmbH of Liechtenstein effective today, the boards of directors of the two companies have...

Bermudian-based reinsurer Ariel Re has made two appointments to its senior management team on the island. Mike Pedraja joins Ariel Re as group chief financial officer, and Tim Shreeve has been appointed as head of platform development. The appointmen...

Ratings agency AM Best has affirmed the financial strength rating of A+ (Superior) of the operating subsidiaries of Bermudian-based re/insurer PartnerRe Ltd. The agency also affirmed the long-term issuer credit rating of “aa-” of the operating subsid...