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The RG/BSX Index closed at 2,725.40, unchanged for the day. No domestic company issues traded for the day. The BSX Insurance Index remained unquoted. The Bank of Butterfield closed down 17 cents (0.43 per cent) at $39.65 on the New York Stock Exchang...

Ricardo Garcia, chief actuary at the Bermuda Monetary Authority, has been appointed to the executive committee of the International Association of Insurance Supervisors. He succeeds BMA chief executive officer Craig Swan in the role. Mr Garcia also s...

Mike Hoffman has joined Bermuda-based James River Group Holdings Ltd as group chief underwriting officer. In a newly created role, the company said, Mr Hoffmann will lead a team with responsibility for underwriting, enterprise risk and ceded reinsura...

Law firm Carey Olsen Bermuda Limited has been ranked in six practice areas in the 2022 edition of Legal 500 Caribbean. The firm said that it increased its rankings in four practice areas, and is now ranked Tier 1 for Trusts/Private Client and Tier 2 ...

Bermuda-based Sompo International Holdings Ltd, the global specialty provider of property and casualty insurance and reinsurance, has appointed Mike Reid as executive vice-president, head of casualty, international insurance. He will be based in Lond...

With so many working from home right now, residents are not browsing Hamilton stores like they once did, and there are fewer stores to choose from. “People come into town for errands, to go to the bank, to go on appointments and then they leave,” Mar...

Lynesha Lightbourne has been named assistant director of public policy and government relations at the Association of Bermuda Insurers and Reinsurers (Abir). Abir said that Ms Lightbourne has 18 years of business development, financial services and h...

Climate change on planet Earth has brought an increasing number of more powerful and destructive hurricanes. And global warming will drive more of the same, and determine the magnitude of the increase. This is the analysis of a Karen Clark and Compan...

Mitch McBain has been appointed senior vice-president, head of management liability, at Ascot Bermuda. He assumes responsibility for the underwriting and management of Ascot’s professional and management liability insurance portfolios in Bermuda. As...

Allied World Assurance Company Holdings Ltd is marking its 20th anniversary. Colm Singleton, Henry Felix and Mike McCrimmon spoke to The Insurer, and the article is published here in full. For all the changes Bermuda has been through over t...