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Bermudian-based Axis Capital Holdings Limited has announced sweeping changes to its operation as it shifts its focus to specialty underwriting. A series of moves announced today include: •Appointing Vince Tizzio as CEO Specialty Insurance and Reinsur...

Isaiah Cabral has been awarded the 2022 Deloitte Scholarship. The professional services firm said the award offers up to $30,000 per year for a term that is typically two years. Deloitte said it supports two students each year with a total scholarshi...

The Bermuda Economic Development Corporation is about to launch the next cohort of their Think Like an Entrepreneur programme. The course helps budding entrepreneurs establish goals and manage risks. It is based on the award winning Ice House Entrepr...

Jesse DeCouto has been promoted to the position of chief underwriting officer at Bermudian-based Validus Re, the reinsurance arm of AIG. Mr DeCouto will be responsible for global underwriting oversight, including inward reinsurance underwriting and o...

Matthew Grigg is to join the corporate practice at law firm Carey Olsen Bermuda Limited as a partner. The firm said Mr Grigg is the second partner hire for the corporate team in the past year as it continues to expand and broaden its capabilities and...

The RG/BSX Index closed 53.64 points (2.45 per cent) higher at 2,242.07, with Bank of N.T. Butterfield Ltd. trading a dollar higher (3.3 per cent), closing at $31. On the New York Stock Exchange, the bank fell 15 cents to close at $31.70.

Darag Group, the international legacy specialist with an office in Bermuda, has appointed Rob Samuel as group chief operating officer. The company said Mr Samuel has more than 20 years of experience in the insurance market, spanning roles at Marsh, A...

Bermuda’s long-proposed digital bank has become a reality with a full banking licence that will allow it to provide core banking services, together with a licence under the Digital Asset Business Act. Jewel Bank will begin operations from Victori...

For the past year, Arnaud van Dijk has been working on a survey of how well prepared countries such as the Cayman Islands, Bermuda and Malta are for net zero. The KPMG Cayman Islands principal has quickly found that some sustainability ideas look gr...

Aquarian Holdings, the New York-domiciled investment firm, has agreed to acquire a controlling interest in Somerset Reinsurance Ltd, the island-based provider of reinsurance solutions to the US life insurance and annuity market. In addition, the tran...