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Mike Gazzard has been promoted to senior vice-president and E&O product line leader of Axa XL’s Bermuda insurance professional lines team. Mr Gazzard was previously a vice-president and senior underwriter, and is now responsible for managing and sett...

Mosaic Insurance has launched a global environmental liability division, its seventh specialty underwriting unit, to be led by seasoned executive Jim Finnamore. The company has also hired environmental specialists David Barr and William Campbell, all...

The RG/BSX Index remained unchanged at 2,375.41, with no activity on the main board of the Bermuda Stock Exchange. On the New York Stock Exchange, the Bank of N.T. Butterfield & Son Limited closed the day down 47 cents (1.36 per cent) at $34.12.

The Cayman Islands Economics and Statistics Office has estimated an unemployment rate of just 3 per cent in the first half of this year as the holiday destination reopened for tourism, the Cayman Compass has reported. The drop in unemployment for Cay...

Everest Re Group Ltd received top honours at the Inside P&C Honours awards ceremony, including the Hybrid Insurer of the Year award, which is an award that the editors designate to celebrate the outstanding achievements and exceptional talent from th...

KPMG has announced a raft of new appointments in addition to the retirement of managing director Damion Henderson, who had been in the role since 2008. Two new managing directors are Bron Turner and Ian Gardner. Meanwhile, new directors on the team a...

The RG/BSX Index remained unchanged at 2,375.41, with no activity on the main board of the Bermuda Stock Exchange. In New York, the Bank of N.T. Butterfield & Son Limited rose 16 cents (0.46 per cent) to close at $34.59.

Global financial services provider Apex Group Ltd announced the expansion of its global compliance solutions designed for US investment advisers. This follows the Apex launch of the service in the Singapore market with compliance services now offered...

New BF&M Limited group president and CEO Abigail Clifford has reacted to the confirmation of the Bermuda insurer’s “A” financial strength rating by AM Best. The rating agency affirmed the financial strength rating of A (Excellent) of BF&M Life In...

Walkers, the international law firm, has increased its Bermuda headcount by 25 per cent in the past 12 months, it said in a press release Wednesday. The firm said the rapid expansion was required to meet growing market demand and included investments...