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Chubb’s chief financial officer, Philip Bancroft, will retire on July 1 after 19 years with the company. He will be succeeded by Peter Enns, who is to join the company as an executive vice-president on or before April 1. Mr Enns has more than 30 year...

Bermudian Stephani Lacey has been appointed human resources director of operations of the new St Regis Bermuda resort in St George’s. The hotel announced today that Ms Lacey will take on the role when the resort opens in St George’s this spring. She...

Commercial re/insurer Convex Group Ltd has ramped up its total committed capital to $3.2 billion after a $500 million investment from US investment firm Sixth Street. The Bermudian company, launched in April 2019 by industry veterans Stephen Catlin a...

Bermudian start-up reinsurer Conduit Re hit the ground running writing about $160 million of gross premium during the January 1 reinsurance contract renewal season,. The new company, backed by $1.1 billion of capital raised in an initial public offer...

Bermudian-based insurance-linked securities specialist Horseshoe Group is to provide insurance management services for Lloyd’s of London’s new multi-insurance special purpose vehicle. Lloyd’s today announced that it has sponsored the creation of an i...

Aon, an insurance broker with offices in Bermuda, has ended a business relationship with the Trump Organisation. The company is one of several to turn their backs on US President Donald Trump’s enterprise since last week’s violent and deadly storming...

Bermudian-based specialty re/insurance outfit Hamilton Insurance Group Ltd has appointed Elaine Scully as senior vice-president, head of casualty insurance in its Bermuda company, Hamilton Re Ltd. Ms Scully will report to Tim Duffin, chief underwriti...

HSBC Bermuda announced yesterday that its Church Street, Hamilton, branch will reopen on Monday. The branch, which was closed over the Christmas and new year holiday period, will be open every weekday from 9am through 4pm, starting on January 18. “We...

Retail industry veteran Paula Clarke is to step down as chief executive officer of Gibbons Company after more than two decades in the role. Ms Clarke, who became CEO in 1998, said: “I plan to retire from Gibbons Company on July 1 this year, I will ho...

Shares of Butterfield Bank climbed 1.5 per cent in Bermuda Stock Exchange trading. The bank gained 50 cents to close on $34.75 as 1,850 shares changed hands. Butterfield’s US-listed shares also gained ground, advancing 46 cents, or 1.32 per cent, to ...