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Bermudian-based reinsurer Everest Re has struck a deal to sell its Heartland Crop Insurance subsidiary. CGB Enterprises, a provider of transportation and storage services, agreed to buy Heartland to expand its offerings to the agriculture industry. ...

The new head of professional services at real estate agents Rego Sotheby’s International Realty took a long and winding road to his profession. Shawn Brown originally graduated with a biology degree from the University of Toronto but, unable to find ...

Bermudian run-off specialist Catalina Holdings Ltd has agreed to buy the UK operations of Hartford Financial Services Group. The businesses come with assets of more than $1 billion and carry risks tied to asbestos and environmental insurance policies...

Veteran Sun Life Financial International employee Merrilyn Johnson has been promoted to head of international life distribution. Ms Johnson, who has worked at the Hamilton-based firm, which serves wealthy clients around the world, for 14 years, moves...

Lancashire Holdings made after-tax profits of $31.5 million for the second quarter of the year — down $7.4 million on the same quarter last year. Gross premiums written for the period totalled $199.8 million, an increase of $20.5 million on the $179....

International terrorism could boost Bermuda’s aircraft registry. Julie McLean, a director at law firm Conyers Dill & Pearman and an expert in the area, said that the island’s registration marks were seen as neutral and “low profile”, while also recog...

Hiscox is ready to restructure in response to Britain’s impending departure from the European Union — but Brexit is unlikely to do any harm to Bermuda as an insurance and reinsurance jurisdiction. That is view of Robert Childs, chairman of Hiscox, wh...

Leadership styles and career advice were among the topics discussed by two reinsurance CEOs at a 100 Women in Hedge Funds event in Bermuda. The key speakers were Mary Forrest, president of Munich Re’s North America (life), and Kathleen Faries, chief ...

Contraction. As much as it might seem like a backwards step one sometimes has to contract what they are undertaking in order to create a more focused future. This normally occurs when your life or your business becomes too complicated to maintain you...

Insurer and reinsurer Axis Capital Holdings tonight posted profits of $119 million for the second quarter — up $56 million on the same quarter last year. The net income of $119 million, equivalent to $1.29 per share, compared to $63 million and 63 ce...