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Belco has announced that it will be undertaking a survey of customers to take place this month. According to a statement, the survey will be conducted by Total Research Associates and include both telephone and online surveys. The survey is expected ...

The Chinese owner of Ironshore has agreed to sell the Bermudian-based insurer to US giant Liberty Mutual in a $3 billion deal. The US company, which struck the deal with Shanghai-based Fosun International, said it planned to let Ironshore “operate wi...

Bermuda Aviation Services has notched up net earnings of $689,000 for the six months to the end of September. The figure, which excludes the impact of the end of the BAS Serco contract at the airport and the sale of courier firm IBC, was down by $177...

XL Catlin brought out some of its best cyberexperts for a seminar focused on the present and future impacts of cyberliability on all lines of insurance. Key members of its Bermuda and New York cyberteams, including a “certified ethical hacker,” showc...

The Chinese owner of Ironshore has agreed to sell the Bermudian-based insurer to US giant Liberty Mutual in a $3 billion deal. The US company, which struck the deal with Shanghai-based Fosun International, said it planned to let Ironshore “operate wi...

Insurer and reinsurer XL Catlin has appointed a new chief investment officer. Andre Keller will take over the role from Benji Meuli, who retires at the end of this year. Mr Keller moves to the new role from his job as head of global asset positioning...

Marc Archambault is joining PartnerRe to head up the Bermudioan-based reinsurer’s Life and Health business. As chief executive officer of the unit, Mr Archambault will be responsible for growing business in the life and health segments. Mr Archamba...

Insurer BF&M Ltd posted net income of $19.2 million for the first nine months of the year, nearly $2 million up from the first three quarters of last year. The company said claims from a large commercial fire in Bermuda were included in the third qu...

Hiscox’s leader in Bermuda, Jeremy Pinchin, is to return to Britain next year. After five years heading up the specialist global insurer’s operations on the island, Mr Pinchin is returning to London to continue in his role as Hiscox Group claims dire...

Bacardi Limited has appointed KC Kavanagh as its new global chief communications officer. She joins Bacardi from Starwood Hotels and Resorts Worldwide, where she worked for 18 years and led the company’s global communications. Ms Kavanagh will be ba...

Bermuda insurer Axis Capital Holdings Ltd plans to buy and aviation insurance and reinsurance specialist based in Belgium. Axis said the deal it had struck to acquire Aviabel would increase the company’s scale and relevance in the global aviation mar...

Ascendant Group Limited, the parent company of Belco, has repurchased 710,000 of its own shares. The shares were bought at price of $7 each, and 6.6 per cent of Ascendant’s overall listed securities issued as at the date of the trade. In a statement ...