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HowdenCAP, a division of British-based international insurance broker Howden, and Bermudian-based specialty carrier Mosaic Insurance have launched a pioneering integration of their technology platforms that promises to drive efficiency and speed of r...

Industry veteran Doug Kovach has joined Concert Insurance Company as senior vice-president, underwriting and programme management, reporting to chief underwriting officer Joe Alberti. “Doug has extensive underwriting and programme management experien...

The RG/BSX Index remained unchanged at 2,364.05 for the day with no trading activity on the Bermuda Stock Exchange. The Bank of N.T. Butterfield & Son Limited finished up 26 cents (0.75 per cent) at $35.05 on the New York Stock Exchange.

Axa XL Insurance has promoted Michael Perrotti to the role of chief underwriting officer for its marine insurance business in the Americas. Previously inland marine practice leader for marine in North America, Mr Perrotti assumes the CUO role from An...

Bermudian-based Argo Group International Holdings Ltd has appointed Jessica Snyder president, US insurance. Ms Snyder will report to Tom Bradley, Argo’s executive chairman and chief executive officer. Mr Bradley said: “Jessica has extensive executive...

Bermudian tech entrepreneur Tom Allason and the team at Residently have revolutionised the British rental property market with an app that eliminates the stress and pain from the renting process. Launched in 2017, a network of 8,000 rental units in B...

Reinsurance companies are increasingly shifting away from the uncertainty of catastrophe risks and orientating their business mix more towards casualty and specialty primary lines, where pricing movement remains positive, a report says. Larger storms...

The Bermuda Business Development Agency is seeking a chief operating officer. The BDA said that the new COO will be part of its executive team, reporting to the CEO. An job advertisement on the BDA website says that the successful candidate will “ov...

This is one of those strange times when markets appear to be sending conflicting signals. Specifically, the 15 per cent rebound in the S&P 500 stock index since bottoming in mid-June suggests a light at the end of the economic tunnel. In fact, secon...

Compre, the international legacy group headquartered in Bermuda, has acquired the hospital liability portfolio of German insurer Basler Sachversicherungs-AG, an entity of the Baloise Group. The acquisition is subject to regulatory approval by the Ger...