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Bermuda market veteran Neville Weston has joined the reinsurance platform of Sompo International as head of global distribution and product development. The Bermuda-based specialty provider of property and casualty insurance and reinsurance, said Mr ...

Auto Solutions is to continue as the exclusive provider of Volkswagen vehicles in Bermuda. The Pembroke dealership said that Volkswagen (Latin America) has renewed its exclusivity agreement. Glen Smith, managing director of Auto Solutions, said: “We ...

Bittrex Global GmbH, the digital asset exchange, has appointed Michael Schröder as chief compliance and risk officer and a member of the Management Board for Liechtenstein. The company said Mr Schröder's employment with Bittrex Global GmbH begins Sep...

Sompo International Holdings Ltd, the Bermuda-based specialty provider of property and casualty insurance and reinsurance, has announced a new tailored cyber insurance offering. The company said that it will be available through its Sompo Global Risk...

Strategic Risk Solutions, the independent insurance company manager with an operation in Bermuda, has appointed Kathryn Anderson to the position of director in SRS’s European Consulting Practice. Ms Anderson, who joins the company next month, will re...

Axis Insurance, the specialty insurance business segment of Bermuda-based Axis Capital Holdings Limited, has promoted Usman Malik to the position of chief pricing actuary. In this role, the company said Mr Malik will lead pricing strategy across the ...

Two board members of Bermuda-based Nordic American Tankers Ltd, the oil tanker company, have purchased shares in the company. NAT said US-based Doug Penick bought 50,000 NAT shares at $2.30 per share. He holds a total of 125,000 NAT shares. Mr Penick...

Insurance industry veterans Tim Glover and David White have joined Bermuda-based Mosaic Insurance, the global specialty insurer. The company said Mr Glover joins as chief underwriting officer and Mr White as underwriting director. Based in London, bo...

Christopher Beazley has stepped down as chief executive officer of global reinsurer MS Amlin AG. Mr Beazley will pursue opportunities outside of MS Amlin after leading MS AAG as CEO for the past three years. He originally joined MS Amlin in 2007 and...

Hurricane Ida will be more of an earnings hit as opposed to a capital event for the insurance industry, A.M. Best posits in its latest commentary. The rating agency said that because a number of Louisiana writers are regional players with lower level...