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Reinsurance broker and risk adviser TigerRisk Partners has hired former Willis Capital markets chief executive officer Tony Ursano as its new president. With more than 28 years as an investment banker focused on the insurance industry, Mr Ursano has ...

Steven Spencer-Arscott has been appointed chief operating officer and director of client services of Total Marketing & Communications Ltd. TMC managing director Graham Redford said: “Over the last year, TMC has grown to a point where we saw the need...

Paul Hubbard has joined the board of Polaris Holding Company Ltd, the company announced yesterday. Chartered accountant Mr Hubbard’s appointment as a director follows the resignations of long-serving directors Patrick Morin and Alex Cooper in Novembe...

Bermuda-based Hamilton Insurance Group has broken into the massive Lloyd’s of London market with its latest acquisition. The firm’s deal to take over Sportscover Underwriting Ltd — a Lloyd’s managing agent for Syndicate 3334 and Kinetic Brokers, a Ll...

Allied World Assurance Company Holdings has completed the acquisition of the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc (RSA). The Swiss-based insurer, which was one of the Class of 2001 companies to launch in Bermuda i...

Tokio Millennium Re (TMR) has appointed a new CEO. Stephan Ruoff yesterday took over as head of the firm, founded in Bermuda 15 years ago. Mr Ruoff said: “I’m delighted to be leading TMR into an exciting new phase of development. “We have established...

Insurance and reinsurance broker Willis Group Holdings has announced industry veteran Paul Scope will head up its Bermuda operation. Mr Scope has been appointed chairman of Willis Bermuda and he will oversee Willis’s risk adviser, insurance and reins...

Bermuda-based Hamilton Insurance Group has broken into the massive Lloyd’s of London market with its latest acquisition. The firm’s deal to take over Sportscover Underwriting Ltd — a Lloyd’s managing agent for Syndicate 3334 and Kinetic Brokers, a Ll...

Merger mania in the insurance industry shows no sign of letting up, according to a major investment management firm. Analysts at US-based Conning said that mergers “picked up measurably” last year — and that activity had continued into the start of 2...

The value of investments held by Bermuda First Investment Company (BFIC) has plunged by $12.3 million. And revenue at the company — which holds shares in communications firm KeyTech and Ascendant, which owns power firm Belco, fell by $1.3 million to ...

Gitanjali Gutiérrez has been appointed as Bermuda’s first information commissioner. Government House made the announcement of the $180,000-a-year post that has been a work in progress for the past five years. The position of information commissioner ...