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Bermuda market veteran of nearly 40 years becomes a non-executive director

The global insurance company has operations in more than 80 countries and jurisdictions, including Bermuda

Subject to regulatory approval, the industry veteran will become UK chief financial officer

Veteran executive will become chief people officer and a member of the organisation’s executive committee

The Hamilton venue serves up an eclectic drinks menu as well as a regular diet of live entertainment

The Class E insurer was registered by the Bermuda Monetary Authority in September

Company says the result was impacted by completion of a previously announced shareholder transaction

News comes after prominent businessman warns of the danger of widespread flooding in Pembroke

The total for the period was $1.67 billion, which compares with $1.62 billion in the prior year quarter

The loss portfolio transfer is effective July 1, 2024, and RiverStone subsidiaries have assumed subject reserves of $1.2 billion as of that date