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Insurer and reinsurer XL Catlin has appointed a new chief investment officer. Andre Keller will take over the role from Benji Meuli, who retires at the end of this year. Mr Keller moves to the new role from his job as head of global asset positioning...

Marc Archambault is joining PartnerRe to head up the Bermudioan-based reinsurer’s Life and Health business. As chief executive officer of the unit, Mr Archambault will be responsible for growing business in the life and health segments. Mr Archamba...

Insurer BF&M Ltd posted net income of $19.2 million for the first nine months of the year, nearly $2 million up from the first three quarters of last year. The company said claims from a large commercial fire in Bermuda were included in the third qu...

Hiscox’s leader in Bermuda, Jeremy Pinchin, is to return to Britain next year. After five years heading up the specialist global insurer’s operations on the island, Mr Pinchin is returning to London to continue in his role as Hiscox Group claims dire...

Dear Dave, We have three preschool grandchildren, and they get tons of stuff for Christmas every year. We’re in really good shape financially and would like to do something for their future this year instead of giving a toy that might get thrown in t...

An automobile dealer will tomorrow stage a roadshow to showcase its range of vehicles. Auto Solutions, main dealers for a total of seven car makers, will have around 25 vehicles on display, as well as food stalls and a DJ. Island vendors will also ra...

Bermuda cybersecurity company QuoVadis is set to be taken over by a Swiss industry giant. The company has signed a letter of intent to join forces with Zug-based WiseKey, a leading Swiss cybersecurity firm. Roman Brunner, chief executive officer of Q...

Bermuda had foreign portfolio holdings of more than half-a-trillion dollars last year, predominantly through its financial services sector. At $505.6 billion, that was down 2 per cent on 2014. The decrease was attributed to a decline in the assets of...

Bermudian-based Endurance Specialty Holdings Ltd has, through Endurance US Insurance, introduced a new excess casualty product for commercial transportation clients, distributed through a limited network of wholesale brokers specialising in the trans...

Butterfield Bank shares fell by 30 cents to $28, after 1,315 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange the bank’s shares were unchanged at $28.73 after 44,265 traded. Shares of BF&M, Ascendant Group and KeyTech were traded...