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Consilium, the international re/insurance broker, has announced that six leading financial lines specialists are joining the organisation from Ed Broking. The company said the individuals involved were “recognised advisers to leading financial lines ...

After a three-year pandemic hiatus, the international law firm Kennedys’ Hot Topics Seminar returned with a record attendance at the Bermuda Underwater Exploration Institute’s Tradewinds Auditorium. The event attracted nearly 150 representatives from...

Mike Gazzard has been promoted to senior vice-president and E&O product line leader of Axa XL’s Bermuda insurance professional lines team. Mr Gazzard was previously a vice-president and senior underwriter, and is now responsible for managing and sett...

Mosaic Insurance has launched a global environmental liability division, its seventh specialty underwriting unit, to be led by seasoned executive Jim Finnamore. The company has also hired environmental specialists David Barr and William Campbell, all...

Everest Re Group Ltd received top honours at the Inside P&C Honours awards ceremony, including the Hybrid Insurer of the Year award, which is an award that the editors designate to celebrate the outstanding achievements and exceptional talent from th...

New BF&M Limited group president and CEO Abigail Clifford has reacted to the confirmation of the Bermuda insurer’s “A” financial strength rating by AM Best. The rating agency affirmed the financial strength rating of A (Excellent) of BF&M Life In...

AME Life Lux SA will merge into Monument Assurance Luxembourg SA after receipt of regulatory approval from the Commissariat aux Assurances in Luxembourg. Bermudian-domiciled Monument Re Limited announced yesterday that Monument Assurance Luxembourg ...

Axa XL Reinsurance has appointed industry veteran Mark Twite as chief executive officer, Bermuda. Mr Twite is to take up his new post on Monday. In the role, he will be responsible for the strategic growth of the business in Bermuda, ensuring capital...

Alon Neches has been appointed president and CEO of Bermudian-based Fortitude Re. He will also join the organisation’s board of directors. Mr Neches succeeds James Bracken, who is stepping down to pursue other opportunities and will be available to a...

Hurricane Ian, which made landfall on Florida’s Gulf Coast and has since been downgraded to a tropical storm, is expected to generate substantial economic and insured losses in affected areas, Fitch ratings has said. But it is unlikely to affect cred...