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In response to growing opportunities in the US healthcare liability insurance market, Hiscox Bermuda’s healthcare team has appointed Justin Keith as vice-president — healthcare. Based in Hiscox’s Bermuda office from January 1, 2013, Mr Keith joins fr...

Validus Holdings says it will become a bigger and stronger company in Bermuda as a result of its acquisition of Flagstone Re, which is now officially complete. According to a source, Bermuda-based Validus’s acquisition of Flagstone Re resulted in the...

Butterfield Bank bought back 1,556,028 of its own common shares at an average cost of $1.233 per share. The Bank also repurchased and cancelled 402 of the bank’s eight percent preferred shares at an average cost of $1,231.587. The bank issued $200 m...

Digicel said this morning that it had fixed a problem with making calls. An issue was affecting outgoing voice calls and SMS messages although data services were not affected. "For periodic updates customers may follow Digicel on facebook at www.fa...

Bermuda-based XL Re has announced the appointment of Craig Wenzel as senior vice-president, Capital Markets. In this newly created role, Mr Wenzel will be responsible for managing and developing relationships with third-party capital providers in su...