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Envelop Risk continues to grow its Bermuda platform with the hiring of David Ross, the accomplished underwriter with ILS experience in both deal analytics and capital management. The MGA and cyber tech modelling company said the hiring is subject to...

Resolution Re, the Bermudian reinsurance platform of Resolution Life, the long-term legacy life insurance solutions provider, has entered into a reinsurance agreement with The Dai-Ichi Life Insurance Company Limited of Japan. The agreement transfers ...

Everest Reinsurance, the reinsurance division of Bermudian-based Everest Re Group Ltd, has announced Brent Hoffman will join the company as senior vice president, head of claims and chief operations officer at the end of July. He will report directly...

American Overseas Group Limited, the Bermudian-based holding company, has reported consolidated net income available to common shareholders of $700,000, or $15.06 per diluted share, for the three months ended March 31. This compares with consolidated...

Bermuda International Long Term Insurers and Reinsurers has increased the size of its board of directors from 10 to 15 with the appointment of an additional five members. Biltir, which represents 68 life insurance and reinsurance businesses and servi...

Mosaic Insurance has been named “Cyber Newcomer of the Year” by insurtech and data services provider Advisen, a Zywave company. The specialty insurer was honoured as an industry top performer at the ninth annual Cyber Risk Awards in New York City. T...

Marlene Cechini is the new chief financial officer at Everen Group, succeeding Ricky Lines who will assume the newly created position of chief investment officer. Ms Cechini has been with the company for 18 years and was previously vice-president of ...

Skuld, the Norwegian-based marine insurance provider with an office in Bermuda, is opening a Japanese branch, Skuld Japan, in Tokyo. Jinsung Son has been appointed head of Skuld Japan. Prior to joining Skuld in 2020, Mr Son spent 15 years at the Japa...

The Financial Services Regulatory Authority of Ontario is warning consumers to refrain from using Relm Insurance Limited in Bermuda to obtain insurance. Relm reinsured the US’s first cryptocurrency insurance product for retail wallet holders. It is o...

Compre, the international specialist legacy group, has redomiciled to Bermuda under the supervision of the Bermuda Monetary Authority. The move to Bermuda is the culmination of Compre’s diversification strategy to broaden its market focus from Europe...