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XL Catlin’s insurance operations has launched Auto Terror Protect — an insurance solution for companies with fleets of vehicles which could be used as a weapon in a terrorist attack. It is aimed at fleet operators, vehicle rental companies, haulage a...

Bermudian-based staff of XL Catlin stepped away from their desks to give back to the community during the company’s Global Day of Giving. “Even though the Global Day of Giving is in its thirteenth year, it never gets old,” said Patrick Tannock, chair...

RenaissanceRe Holdings Ltd is to raise $250 million in an underwritten preference-share offering. The Bermudian reinsurer said the net proceeds of the offering of ten million depositary shares representing the 5.75 per cent Series F preference shares...

Some staff from XL Catlin will be cleaning trash on the beaches and trails along the South Shore today as part of the company’s Global Day of Giving. Other members of the Bermuda team will be busy with other projects, including clearing shrubs, plant...

PartnerRe Ltd has acquired the assets of Claim Analytics, a Canadian-based provider of predictive analytics solutions to the insurance industry. Claim Analytics was formed in 2001 and provides predictive modelling solutions to the insurance industry ...

Belco has just completed electric vehicle training for its fleet team as it moves towards a 100 per cent electric fleet. The five-day training was carried out by Craig Van Batenburg of Massachusetts-based Automotive Career Development Centre. Jas...

XL Group Ltd common shareholders have approved an agreement for Axa, the French multinational insurance company, to fully acquire XL in a $15.3 billion deal. XL shareholders will receive $57.60 per share in the transaction, which is expected to be c...

Donnacha Smyth is returning to XL Catlin after a two-year stint with Aspen Insurance. XL Catlin insurance operations has appointed Mr Smyth as president, Global Excess Casualty Insurance. He will take up the position in September. He worked for XL Ca...

The Regulatory Authority has backed hi-tech smart meters installed by power firm Belco. The authority said yesterday that the meters comply with safety standards set by the United States Federal Communications Commission. The authority will carry out...

XL Catlin’s insurance operations has launched Corporate CPR (Crisis Prevention and Response for corporate clients) — a global risk management and insurance solution designed to help companies of any size prevent, prepare for and respond to crisis sit...

The LF Wade International Airport suffered a partial power cut this afternoon — but the problem has not caused flight delays. A Belco spokeswoman said the outage began at 1.10pm when the power system connected to the airport’s north terminal was trip...

XL Catlin’s insurance operations has announced the appointment of Zoe Xie as client and distribution leader for Asia. Ms Xie will be based in Singapore and will be responsible for delivering client and broker strategies specifically for the Singapore...