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Canopius Group has launched its algorithmic underwriting platform, Vave, as an managing general agent. Devised and developed in-house, the company said Vave began trading in May 2019, and has since quoted on more than 1.2 million risks, representing ...

Andrew Rippert has joined Aspen Insurance Holdings Ltd, the Bermudian-based re/insurer, in the newly created role of EVP, head of mortgage. Aspen said Mr Rippert joins the company with more than 20 years’ experience in shaping and building global mor...

Nine entrepreneurs working to launch, develop and further grow their businesses are engaged in the fourth cohort of the Enterprise Bermuda Incubator programme presented by the Bermuda Economic Development Corporation. The free programme, launched by ...

A subsidiary of Bermudian-based Enstar Group Ltd has completed a loss portfolio transfer with Hiscox Ltd, the global specialty insurer headquartered on the island. The company said Enstar Syndicate 2008 has reinsured a diversified portfolio of legacy...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a two-well contract extension with Equinor Energy AS offshore Norway. The company said the contract is for Valaris JU-291 (Stavanger), a heavy-duty ultra-harsh envir...

Axis Insurance, the specialty insurance business segment of Bermudian-based Axis Capital Holdings Ltd, has promoted Keith Trivitt to the position of head of commercial & strategic partnerships within its International Division. In this newly created ...

There were no trades on The Royal Gazette/BSX Index, which closed unchanged at 2,553.64. On the New York Stock Exchange, shares of Butterfield Bank were down 10 cents, or 0.02 per cent, at $37.92. The BSX Insurance Index improved 27.81 points, or 1.6...

The Bermuda operation of insurance broker Ed has developed a new front-end client portal, and within that has launched a digital wage and hour product in conjunction with Bermudian-based Argo Group. The global reinsurance, wholesale and specialty bro...

Legacy specialist DARAG Group Ltd has appointed Ciaran Russell as senior actuary in DARAG North America, the company’s Bermuda and US arm. The company said Mr Russell, who is based in Bermuda, worked most recently as an actuary at ILS Investment Mana...

Bermudian-headquartered Textainer Group Holdings Ltd elected two directors to its board and bid farewell to one at the annual meeting of shareholders. The company, one of the world’s largest lessors of intermodal freight containers, welcomed James Ea...