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Bermudian-based Ascot Group has promoted Elizabeth Johnson to the position of chief operating officer, North America Insurance. The newly formed leadership position will have oversight for the strategic direction of an integrated underwriting, data, ...

Carol Dixon has become the eighth island resident to qualify as a chartered director, the Bermuda branch of the Institute of Directors has reported. The IoD said Ms Dixon has completed all three stages of this internationally recognised directorship ...

Karen Boesen has resigned her position as a director of Seadrill Limited, the Bermudian-based offshore drilling company. Seadrill said Ms Boesen informed the company that she had no disagreement with the company on any matter, including its business,...

For the first time in the 17 years of the KPMG Senior School Investment Challenge, none of the teams made a profit. Twenty one teams from ten schools took part in the annual event. The challenge was to invest $100,000 in a virtual stock market that m...

Leaders from the Bermuda and Lloyd’s reinsurance market joined David Burt, the Premier and finance minister, in a round table discussion in London. The Association of Bermuda Insurers and Reinsurers organised the event, which is on the schedule for a...

TeleBermuda International Limited has partnered with net2phone, a US-based cloud communications provider, to provide its unified communications-as-a-service (UCaaS) solutions to TBi’s business customers. Through the partnership, net2phone will suppor...

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit ratings of “aa-” (Superior) of the operating subsidiaries of Bermudian-based Everest Re Group Ltd. Those subsidiaries include Everest Reinsurance (Ber...

The RG/BSX Index closed unchanged at 2,116.51, with no trading on the Bermuda Stock Exchange for the day. The Bank of N.T. Butterfield & Son Limited fell 29 cents (0.97 per cent) to close at $29.76 on the New York Stock Exchange.

Industry veteran Sima Ruparelia is to join PartnerRe Ltd, the Bermudian-based global re/insurer, as chief actuarial and risk officer. Ms Ruparelia will be responsible for risk and capital, non-life reserving and pricing and life reserving (2nd line)....

For the first time, American International Group has been recognised as one of the 50 most community-minded companies in the United States. AIG was given the honour by Points of Light, a non-partisan, global non-profit that inspires, equips and mobil...