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Arch Capital Group Ltd has named François Morin as its new chief financial officer. The Bermudian-based insurer and reinsurer said Mr Morin’s appointment, which includes a promotion to executive vice-president, will take effect on May 25, 2018. He w...

Carol Redahan as been appointed senior vice-president, controller, by Hamilton Re. She will report to Vanessa Hardy Pickering, chief financial officer. Kathleen Reardon, chief executive officer of Hamilton Re, said Ms Redahan’s “experience and expert...

XL Catlin has announced an insurance solution that supports the design, development, testing and implementation of autonomous technology. The company has experience in the field of autonomous technologies. An agreement was signed in 2016 with a tech...

The board of Ascendant Group Limited, the parent company of Belco, has authorised the repurchase of up to one million shares through a further share repurchase programme, starting on May 23, the day after its current repurchase programme ends. The ne...

Urologist Michael Czerwinski and his partner Hillary Rand, a registered nurse, are taking over the practice of Charles Dyer, who is retiring after 52 years in medicine. The couple, who are having a wedding later this year, plan to run the practice as...

April storms caused $2.3 billion of economic damage in the US, with public and private insurers expected to pay at least $1.5 billion in related claims, according to a report by Aon Benfield. Five separate storm systems caused severe thunderstorms ac...

Benefits that can be achieved by harnessing solar energy and using energy efficient technologies have been described by Stratton Hatfield, BE Solar’s director of development. He was the guest speaker at the Hamilton Rotary Club, where he talked about...

John Wight has been elected to serve a third year as president of the Bermuda Chamber of Commerce. Mr Wight, who is also chief executive officer of BF&M Ltd, became president of the Chamber in early 2016 and was re-elected last year. At the Chamber’s...

Munich Re has ploughed $330 million of capital into a new Bermudian-based vehicle that will reinsure some of its life business. The island-based entity, to be known as Munich Re Bermuda, has been assigned a financial strength rating of A+ by AM Best....

Shares of BF&M Ltd fell 0.9 per cent in Bermuda Stock Exchange trading yesterday. The insurer shed 15 cents to close on $16.60 as 500 shares changed hands. Bermuda Press (Holdings) Ltd, the owner of The Royal Gazette, as well as commercial printing, ...