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PwC has turned to home-grown talent among a slew of leadership appointments. Three of the Bermudians appointed have spent most of their careers abroad and have now returned home to the island to join PwC Bermuda’s leadership team. The professional-se...

Horseshoe Group has announced two senior hires to strengthen its insurance-linked securities fund administration offering in Bermuda. Keenan Press has been appointed as senior vice-president, head of investor services and Gordon Paterson as group ma...

Third Point Reinsurance Ltd reported third-quarter earnings of $54.7 million, as its investment returns comfortably outstripped underwriting losses. The Bermudian reinsurer also announced that John Berger will step down as chairman on December 22, t...

Fund administrator Centaur Fund Services (Bermuda) Ltd has appointed Neil MacGuinness as head of investor services. Mr MacGuinness has previously worked for Citi Hedge Fund Services and Horseshoe Fund Services in Bermuda, and State Street in Dublin. ...

Shares of Maiden Holdings plunged by more than 20 per cent in after-hours trading after the reinsurer reported a net loss of $63.6 million for the third quarter, driven primarily by a bolstering of loss reserves. The Bermudian firm’s net operating l...

Global insurance and reinsurance broker Lockton has hired Gareth Davies — the former chief executive officer of JLT Bermuda — as senior vice-president, property, Bermuda. Mr Davies, who has more than 20 years’ experience as a property broker in Bermu...

Run-off specialist Catalina Holdings (Bermuda) Ltd has agreed to acquire a portfolio of legacy insurance liabilities from the US branch of Samsung Fire and Marine Insurance Co. The run-off portfolio will be transferred to Catalina’s wholly owned subs...

Bermudian reinsurer Qatar Re has named a new chief executive officer for its Singapore operation after his predecessor decided to leave the company. Manik Sethi will lead the Singapore branch, effective November 13, after the departure of Micky Lee, ...

EY’s Bermuda office has made three senior management appointments. Cordelia Davis is now partner in the insurance practice, and Kerr Kennedy was promoted to executive director in EY’s technology practice. In addition, Steven Napier has joined EY’s T...

Private-equity firm Apollo Global Management is to increase its interests in the Bermuda insurance market by buying a majority stake in run-off specialist Catalina Holdings (Bermuda) Ltd. Apollo made an initial investment in Catalina in December 2013...

MediaAlpha, a company owned by Bermudian-based White Mountains Insurance Group Ltd has acquired parts of Healthplans.com’s health and life insurance business. Terms of the transaction were not disclosed. MediaAlpha is an advertising technology compan...

Collin Anderson and Ross Webber may now use the designation ‘Dip IoD’ after their success with the Diploma in Company Direction (Diploma) examination. The news came in a statement from the Institute of Directors Bermuda Branch on the designations ach...