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Mitch McBain has been appointed senior vice-president, head of management liability, at Ascot Bermuda. He assumes responsibility for the underwriting and management of Ascot’s professional and management liability insurance portfolios in Bermuda. As...

Industry veteran Simon Arnott has been appointed senior vice-president in the Bermuda office of Acrisure Re, the insurance broking and corporate risk advisory firm. Mr Arnott will report to Clark Hontz, president of Acrisure Re Bermuda. Mr Arnott wil...

A government Throne Speech promise to introduce a digitised immigration application process in this session of parliament has been welcomed by the business community. Just last month, 11 government employees were recognised for their drive to make go...

Throne Speech plans to get jobless young people back to work have been welcomed by social services agencies – but the Opposition demanded specifics on the proposals. The speech, delivered by Rena Lalgie, the Governor, on behalf of the Government, ple...

Bermuda-based Arch Capital Group Ltd and its investment partners Warburg Pincus and Kelso & Company have announced that Watford Holdings Ltd and Watford Re Ltd have been renamed Somers Group Holdings Ltd and Somers Re Ltd. Liz Cunningham has been app...

Compre, the international specialist legacy group, has appointed Brid Reynolds as group chief risk officer. Ms Reynolds joins Compre immediately and, subject to regulatory approvals, she will assume the role in Bermuda. Compre said Ms Reynolds joins ...

Butterfield has promoted Shawnette Griffin to the new role of senior vice-president, head of retail banking and operations, Bermuda. The bank said Ms Griffin has worked with Butterfield for more than 30 years. She started her career as a trust admini...

Workers have complained they are being taken advantage of through “precarious" contracts which labelled them as independent contractors, the labour minister said yesterday. Jason Hayward added people were worried that some businesses had used the eco...

Bermuda-based Vantage Group Holdings Ltd has appointed Alex Blanco as CEO of insurance to lead the growth and development of its insurance business. Vantage was established late last year and began writing reinsurance risk on January 1 through its Be...

A new Bermuda reinsurance unit, with a capital markets emphasis, is being launched by the Howden insurance and reinsurance broking group, according to Artemis.bm. Artemis, the specialty capital and alternative (re)insurance market digital publish...

International business has become the island’s largest employer, according to the latest job statistics. Civil Servants make up the second largest job category following an increase in employment in the sector in each of the past three years. But job...

More than 1,900 jobs were lost last year as the Covid-19 pandemic ravaged the economy, the Minister for the Cabinet Office revealed yesterday. Wayne Furbert said that total jobs filled declined by 1,951 jobs or 5.7 per cent from 34,378 jobs in 2019 t...