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Axis Insurance, a division of Bermudian-based Axis Capital Holdings Ltd, has hired two underwriters for its global cyber and technology team. The company said Alex White has joined Axis as a senior underwriter, global cyber and technology, and will f...

Hamilton Insurance Group Ltd has, through its Hamilton ILS business unit, sponsored its first 144A industry loss index-triggered catastrophe bond through the issuance of Series 2020-1 Class A Principal-at-Risk Variable Rate Notes by Easton Re Pte Ltd...

Bermudian financial services industry veteran Shelby Weldon has been appointed executive director of the Bermuda International Long Term Insurers and Reinsurers. Mr Weldon, who has more than 30 years’ experience as an accountant, regulator and insura...

A lawyer in the Bermuda office of international law firm Conyers has been elected as an International Fellow in the American College of Trust and Estate Counsel (ACTEC). Craig MacIntyre, a director in the Private Client & Trust department of the firm...

A Bermudian-based medical insurer has introduced the Employee Assistance Programme as a value-added benefit to provide increased mental wellness support for its eligible members who are faced with pressures caused by the Covid-19 pandemic. Coralisle ...

Global re/insurer Chubb Ltd has confirmed that it submitted a preliminary proposal to acquire insurance and financial services company The Hartford for around $23 billion. In a statement, the company said yesterday: “On March 11, Chubb Limited presen...

Assured Guaranty Ltd has begun further expansion of its footprint in continental Europe. The Bermudian-based financial guaranty insurer said it has issued new financial guarantees through its French subsidiary, Assured Guaranty (Europe) SA. AGE is ra...

A unit of Arch Capital Group Ltd has agreed to acquire Australia’s Westpac Lenders Mortgage Insurance Ltd. The Global Mortgage Group of Bermudian-based Arch has entered into a share purchase agreement with the Westpac Group to make the acquisition. D...

Bermudian-based Triton International Ltd, the world’s largest lessor of intermodal freight containers, has announced completion of a $725 million offering of fixed rate, asset-backed notes. The company said the $690.1 million Series 2021-1 Class A No...

Bermudian-based drinks giant Bacardi has partnered with local influencer group, Influence the Influencers, to “stir creativity” and inspire local creatives to take their social media and networking capabilities to new heights. The world’s largest pri...