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Bermudian-based Sompo International Holdings Ltd has appointed David Carter as chief underwriting officer and executive vice-president of the Sompo Global Risk Solutions strategic business unit. Mr Carter will assume a strategic management role and w...

All Bermudian-based insurance companies could soon be required to report cyber events that affect their operations to the Bermuda Monetary Authority. The potential vulnerability of insurance companies to such attacks has been investigated by the regu...

Shares of One Communications Ltd were up 28 cents, or 10.3 per cent, to $3 after 3,517 traded on The Royal Gazette/BSX Index. Argus Group Holdings Ltd also improved by five cents, or 1.7 per cent, to $2.95 after 9,800 shares were exchanged. There was...

Craig Swan is set to be the new chief executive officer of the Bermuda Monetary Authority next year. In a stepping stone move, he has been appointed deputy CEO. The position was created as part of the BMA’s preparation for the previously announced de...

David Carter has been appointed chief underwriting officer and executive vice-president of the Sompo Global Risk Solutions strategic business unit, reporting to Michael Chang. The unit is part of Bermudian-based Sompo International Holdings, a speci...

Liz Cunningham has joined Watford Holdings Ltd as chief risk officer. The re/insurer said Ms Cunningham is based in Watford’s Bermuda office and will report to Jon Levy, the company’s president and former CRO. John Rathgeber, the company’s chief exe...

Edward Mishambi of RenaissanceRe and Gemma Carreiro of Hamilton Insurance Group have been appointed chairman and deputy chairwoman, respectively, of the policy committee at the Association of Bermuda Insurers and Reinsurers. The committee reviews ins...

JetBlue Airways will become the first major US airline to offset carbon dioxide emissions from jet fuel for all its domestic flights. In addition to becoming carbon-neutral for its US flights from July, it will use sustainable aviation fuel on flight...

Bermuda could become an exporter of life insurance expertise, says the executive director of an island-based insurance industry body. Ronnie Klein, executive director of the Bermuda International Long Term Insurers and Reinsurers organisation, was in...

Shares of Argus Group Holdings Ltd surged 7.5 per cent in Bermuda Stock Exchange trading. The insurer gained 22 cents to close on $3.17 as 7,900 shares changed hands. Rival insurer BF&M Ltd was the most actively traded stock, with 9,162 shares tradin...