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Axis Insurance, the specialty insurance business segment of Bermuda-based Axis Capital Holdings Limited, has made three appointments within its US Excess and Surplus Property team, effective immediately. Michael Worman and David Malcom join Axis as s...

The board of Bermuda-based Frontline Ltd, the oil tanker shipping company, has appointed Lars Barstad as chief executive officer of Frontline Management AS. The appointment is effective September 1. The company said Mr Barstad currently serves as the...

Bermuda-based Avance Gas Holding Ltd has reported a net profit of $1.5 million for the second quarter of 2021. The company, which is engaged in the transportation of liquefied petroleum gas, declared a dividend of two cents per share, corresponding t...

Bermuda-based Valaris Ltd, the offshore drilling services company, has appointed Anton Dibowitz as interim president and chief executive officer effective September 3. Mr Dibowitz, a current board member, succeeds Tom Burke, who is to step down from ...

Bermuda-based Mosaic Insurance and Virginia-based DXC Technology have today launched an innovative new insurance technology platform that increases the speed at which specialty insurance is sold, underwritten and serviced. Together with DXC’s busines...

A subsidiary of Bermuda-based holding company Assured Guaranty Ltd has guaranteed principal and interest payments on £113 million of bonds issued by ULiving@Essex3 LLP. Assured Guaranty UK Limited said the bond issuance will finance the construction ...

Bermuda (re) insurers paid out $29.3 billion to European Union policyholders and cedants for property and casualty losses and life insurance claims during the five-year period from 2016 to 2020. This is according to commercial market claims data coll...

Kirsten Beasley has been appointed head of the Bermuda office of Willis Towers Watson, the global advisory, broking, and solutions company. Ms Beasley has been Willis’ head of healthcare broking, North America, since 2018 and was named interim head o...

Norlicia Bean has joined TeleBermuda International Limited as manager of customer services. The company said Ms Bean's responsibilities encompass managing the customer service team, leading the call centre, supervising the retail store, and ensuring ...

A Cayman Islands domiciled regional insurance fund, in which Bermuda participates, will pay some $40 million to the Government of Haiti following the devastating magnitude 7.2 earthquake that struck Saturday. The payout represents the full coverage l...