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RenaissanceRe Holdings Ltd has estimated that losses from Winter Storm Uri in the United States will have a net negative impact of about $180 million on its first quarter results. Uri was a major wind and ice storm that caused widespread damage in ma...

Bermudian-based Axis Capital Holdings Ltd has announced a preliminary first quarter net loss estimate for catastrophes and other weather-related events in the range of $105 million to $115 million, pre-tax ($95 million to $105 million, after-tax). Th...

Bermudian-based Allianz Global Corporate and Specialty has announced that David Brown, currently its head of Insurance Linked Markets, will take over as head of its Capital Solutions unit on the island. The company said Mr Brown’s appointment is effe...

The Office of the Tax Commissioner has advised that the due date for first quarter 2021 e-filed payroll tax returns is today. Mandatory e-filers are reminded that they are required to file online. However, the due date for all other taxes and manuall...

Argus Group Holdings Ltd has appointed Constantinos “Costas” Miranthis and Garrett Curran to its board of directors. Both appointments were effective April 12, the company said. David Brown, chairman of Argus, said: “I am very pleased to welcome Cost...

The technical managers of the giant container ship that blocked the Suez Canal for six days last month have expressed disappointment that the waterway’s owner has now begun arrest procedures against the ship. Bernhard Schulte Shipmanagement, which ha...

Ed, the global reinsurance, wholesale and specialty broker, has announced that re/insurer Ascot Bermuda has joined its etrading platform TradEd. The company said the portal, which was launched for carriers and clients last April, enables carriers to ...

Government’s Department of Workforce Development has partnered with industry stakeholders in the private sector to present a series of free career development webinars. The first webinar, “Mastering Your Interview Etiquette Skills”, will be facilitat...

The Bermuda Monetary Authority is to increase its focus on climate change matters with the introduction of a regulatory and supervisory team specialising in the licensing and supervision of innovative business model proposals to address climate chang...

Athene Holding Ltd has closed a significant pension risk transfer transaction in connection with American department store chain JCPenney's pension plan termination. Under the terms of the transaction, the Bermudian-based financial services company s...