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Insurance industry veteran Dennis Mahoney is to transition to the role of non-executive chairman of AkinovA (Bermuda) Ltd, the independent electronic marketplace for the transfer and trading of re/insurance risk. The move comes just months after Mr M...

Bermudian-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $8.5 million, or 26 cents per diluted share, for the first quarter. This compares to net income and adjusted earnings of $6...

James River Group Holdings Ltd, the Bermudian-based insurance holding company, has reported a net loss of $103.5 million, or $3.37 per diluted share, in the first quarter. That compares with a net loss of $36.8 million, or $3.54 per share, for the sa...

Laurie Shane has been appointed group head of Outwards Reinsurance at Bermudian-based re/insurer Aspen Insurance Holdings Ltd. The company said Ms Shane begins her role on June 1. She will report to Brian Tobben, chief executive officer of Aspen Cap...

Lawyer Steven Rees Davies is to join the corporate practice of Carey Olsen Bermuda as a partner. Mr Rees Davies joins Carey Olsen after 13 years in the Bermuda office of Appleby, where he is currently the joint global head of technology and innovatio...

Corant Global has appointed veteran insurance executive Paul Scope as chairman of its Bermuda operations. The company said Mr Scope joins with immediate effect, and will work alongside Chris Bonard, chief executive officer of Corant Bermuda and Ed Br...

Three independent directors have been elected to the board of Bermudian-based holding company Assured Guaranty Ltd. The company said Michelle McCloskey and Courtney Shea will each serve on the board’s audit and environmental and social responsibility...

Legacy specialist DARAG Group Ltd has executed a reinsurance transaction written through DARAG Bermuda Ltd. DARAG said the transaction is with Pacific Valley Insurance Company, Lyft Inc’s captive insurance company. The company said it covers PVIC’s c...

The annual Bermuda Captive Conference will be held virtually for a second year. Registration for the event next month is now open. Organisers say this year’s event will provide cutting-edge content, an examination of emerging trends in the captive ma...

Strategic Risk Solutions, the independent insurance company managers with an operation in Bermuda, have hired Elyse Dandeker and Stephen Nash to fill key roles in the company’s newly established office in Guernsey. Ms Dandeker has been appointed dire...