Log In

Bermudian-based reinsurance broker Beach & Associates Ltd has been bought out by Acrisure LLC. In a statement, Beach said the Michigan-based Acrisure bought the firm from New York-based private-equity firm Aquiline Capital Partners. Terms of the deal...

The value of merger and acquisition deals this year is expected to top $3 trillion, according to XL Catlin’s Brian Benjamin. He is the company’s global head of M&A, and was commenting as XL Catlin announced the appointment of Simon Price as its head ...

A leading voice of the millennial generation is coming to Bermuda this weekend to run a marathon and to speak about how young entrepreneurs are changing the world. Jared Kleinert has been named by US Today as the “most connected millennial”, due to h...

Bermudian-based Qatar Re has won regulators’ approval to open a branch in London. The firm, which is headquartered in offices at Belvedere Place on Pitts Bay Road, is looking at the UK as an important growth market, according to a report out of Dubai...

Tom Booth, the group chief financial officer of Randall & Quilter, has stepped down as a director of the run-off and insurance investments specialist and will leave the company later this year. R&Q, which is headquartered in the FB Perry Building on ...

Top insurance company executives and investment managers have met with David Burt, the Premier, to discuss plans for the Bermuda Infrastructure Fund. Mr Burt tweeted a picture from the meeting yesterday, showing him shaking hands with Brian Duperreau...

Four island-based executives are included in the latest power list for the captive insurance sector. Leading the way is Peter Mullen, who is at number two on the Captive Review Power 50 list, published by Captive Review magazine. Last year he was num...

Only one stock was active on The Royal Gazette/BSX Index yesterday. A total of 8,800 shares of One Communications were traded, but with no change to the closing price. The Royal Gazette/BSX Index was also unchanged at 2,221.4. On the New York Stock E...

Bermudian Joshua Alvera has been hired by the Association of Bermuda Insurers and Reinsurers as its public policy and regulatory affairs representative. In this role, Mr Alvera will be responsible for conducting research and analysis on various regu...

XL Catlin has estimated catastrophe losses totalling about $315 million for the fourth quarter of last year. In addition, the Bermudian-based global insurer and reinsurer will recognise a one-time charge of around $98 million in relation to US tax ch...