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The local office of international law firm Conyers provided Bermuda law advice to aircraft lessor Aircastle Ltd in connection with its $7.4 billion merger with a newly formed entity controlled by affiliates of Marubeni Corporation and Mizuho Leasing ...

Sompo International Holdings Ltd has appointed Michael Carroll senior vice-president and deputy head of life sciences for Sompo Global Risk Solutions. The Bermudian-based specialty provider of property and casualty insurance and reinsurance said that...

An insurer specialising in emerging business categories has been granted a license by the Bermuda Monetary Authority, the Premier has announced. Relm Insurance Ltd, led by chief executive officer Joe Ziolkowski and operations vice-president Keyla Rom...

The Bermuda Captive Conference has been rescheduled to a later date due to the global impact of the Covid-19 pandemic. Originally slated to be held in June, the annual conference will now be held from September 9 to 11 at the Fairmont Southampton, or...

Life reinsurance and insurance holding company Monument Re Ltd has announced the signing of an agreement to acquire GreyCastle Holdings Ltd and its subsidiaries, including GreyCastle Life Reinsurance (SAC) Ltd and GreyCastle Services. GreyCastle is d...

One of Bermuda’s leading insurance industry bodies has praised the “decisive and compassionate actions” of the Government under the leadership of David Burt, during the Covid-19 pandemic. It has also donated from its contingency fund to the Bermuda H...

Bermuda is now more than a week into activation of coronavirus management mandatory self-quarantine actions: with a travel ban for our island encompassing airport, shipping, and with closures affecting businesses, schools, local transportation, hotel...

Dear Dave, In light of recent events in our country, do you have suggestions for things people should think about and plan for if they get laid off from their jobs? Sam Dear Sam, It’s no secret that things are shutting down all across the world. If y...

Bermudian re/insurer Argo Group International Holdings Ltd is to hold its annual general meeting in a virtual format next month. The decision to move away from an in-person meeting was prompted by moves to slow the spread of Covid-19, which include r...

Three US state legislatures are considering legislation aimed at forcing insurers to cover pandemic-related business interruption losses — overriding exclusions in policies. Should such legislation be applied all over the US, the insurance industry w...

Funeral directors have adapted to the new normal so families can still mourn their loved ones despite restrictions imposed over the Covid-19 pandemic. Leon Amis, the owner of Amis Memorial Chapel in Warwick, said yesterday that funeral services would...

LONDON (Reuters) — Delaying the Olympics is likely to cost insurers much less than cancelling the Tokyo Games altogether, with a chance that some of those involved may not have policies specifically covering a postponement, industry sources say. The ...