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Bermudian-based company also appoints Yasuhisa Watanabe as chief representative, Asia Pacific

The financial aspects are a critical consideration for responsible owners, writes Carla Seely

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The bank’s share price fell by 29 cents to close at $38.34 on the New York Stock Exchange

Gross premiums written were $5.38 billion, up 11.1 per cent year-on-year

Gross premiums written increased by $156 million, or 7 per cent, to $2.4 billion

She is also global head of Countries at Ocorian and was previously group chief commercial officer

The agency has given the Bermudian-based company a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent)

The company has delivered positive operating results of $366 million in the first half of the year

Nico Buchholz says one of his first steps will be to look at increasing BermudAir’s fleet size