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International law firm Carey Olsen is a finalist in three categories at the 2021/22 Society of Trust and Estate Practitioners Private Client Awards. The firm said it has been shortlisted for International Legal Team of the Year, Contentious Trusts an...

Bermuda is among 130 jurisdictions to agree to the outline of a two-pillar plan to overhaul the global tax system. But the island has made known its concerns over the timeline for the project and about “technical and practical” aspects of the plans, ...

Nicole Hanhart has joined Axis Re as property underwriter, EMEA & Latin America. She will be responsible for underwriting a property treaty portfolio for Latin America, and will work in partnership with the underwriting team responsible for this regi...

Axis Insurance is to support UK-based The Cyber Helpline in an effort to align the cybersecurity community and help individuals impacted by cyberattacks. The speciality insurance business segment of Bermudian-based Axis Capital Holdings Ltd said the ...

American Overseas Group Ltd has reported consolidated net income of $1 million, or $20.81 per diluted share, for the three months ended March 31. This compares to net loss of $800,000, or $17.97 per share, for the same period a year ago. The Bermudia...

The Bermuda Stock Exchange is to join the Pyth Network, a decentralised financial market data distribution platform. The BSX said it has subscribed to and will receive real-time market data from the MIAX Pearl Equities Exchange and plans to provide m...

BMS Re, the independent reinsurance broker, has appointed Shruti Sem as executive vice-president in the origination team at BMS Re, effective immediately. Based in Philadelphia, Ms Sem will report to Jeff Irvan, chief property officer of BMS Re in th...

TAI, a provider of reinsurance administration software and services with clients in Bermuda, has launched TAI Treaty. The company describes the new product as “a revolutionary digital solution for treaty management”. It said TAI Treaty leverages Sort...

Borr Drilling Ltd has confirmed its intention to cure a non-compliance notice from the New York Stock Exchange. The Bermudian-based oilfield services company said it has received written notice from the NYSE that the company is not in compliance with...

Aspen Re has made several key appointments to its leadership team. Beatrice Morley has been appointed Aspen Re head of AsiaPac, in addition to her current role of global head of casualty. She will continue to be based in the company’s Singapore offic...