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Somers Ltd, a financial services investment holding company, has announced the appointment of Charles Jillings as a director. Mr Jillings is a director of ICM Ltd, the company’s investment adviser. He is a chartered accountant and previously worked i...

Somers Ltd, parent company of Bermuda Commercial Bank has completed a 3.25 million-euro ($4.4 million) investment in Ireland-based Merrion Capital Holdings Ltd. Somers, a Bermuda Stock Exchange listed company, said today that it had received approval...

NEW YORK (Bloomberg) — American International Group’s Peter Hancock will get a compensation package of $11.8 million a year as the insurer’s new chief executive officer. The short-term incentive will be $3.2 million of cash and the long-term will be ...

RenaissanceRe Holdings ranks highest with a ROE of 18.9 percent. Everest Re Group is next with a ROE of 16.7 percent. Enstar Group ranks third highest with a ROE of 13.5 percent. Validus Holdings follows with a ROE of 12.4 percent, and Montpelier Re ...

Aspen Insurance Holdings Ltd last night gave early guidance on its second-quarter results — hours after its hostile takeover pursuer Endurance Specialty Holdings Ltd criticised its “underperformance”. Last night’s pre-announcement — the final results...