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Bermuda is poised to play an important global role in building resilience to climate risk, a sovereign surveillance report on the country has determined. But the island lags in steps needed to address its own defence. The report points to gaps in the...

AXA XL has promoted Danielle Roth to the position of practice leader and head of Cyber Claims, North America. Based in Stamford, Connecticut, the company said Ms Roth is responsible for developing and implementing the claims strategy and best practic...

Axis Insurance, the specialty insurance business segment of Bermuda-based Axis Capital Holdings Limited, has made three appointments within its financial institutions London team. Beth Convey, Julieta Moya and Mark Sutton all join as senior underwrit...

Carrick Holdings (Bermuda) has entered into an agreement with the Bank of Montreal to provide funding of up to $40 million for legacy transactions. The Bermuda-based company is a subsidiary of Carrick Specialty Holdings LLC, an international non-life...

A Bermuda investment banker 30 years ago, who subsequently became involved in the financing of insurers and reinsurers, has just launched a new Puerto Rico reinsurer, Taussig Capital Re. Well known in Bermuda, Joe Taussig announced on Monday that Tau...

Christopher Coleman is to succeed Kevin Chidwick as group chief financial officer at Bermuda-based Aspen Insurance Holdings Limited. The re/insurer said that Mr Coleman will take up the role, based in Bermuda, next Tuesday and will join the company’s...

Canopius Group, the global specialty re/insurer with an operation in Bermuda, has appointed Kate Roy as chief operating officer. The company said that Ms Roy will assume her role early next year and report to Neil Robertson, deputy chief executive of...

Sun Life has launched a new public website for its 25-year-old Bermuda company, Sun Life International, which was established to deliver offshore life insurance solutions to high net worth markets around the world. Sun Life International is a part of...

A Bermuda-registered company will file restated consolidated financial statements as of, and for the year ended, December 31, 2020, together with amended quarterly financial results for 2020 and 2021. The move comes after a market statement issued by...

This is the first in a four-part series on getting through the Covid-19 aftermath, global economic inflation challenges, family recovery and return to normalcy. If it wasn’t enough to stoically endure the Covid extremes in grieving, employment, ...