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Colonial Group International is inviting applications for a student internship programme. The company welcomed 12 students, aged 17 to 21, for its inaugural internship initiative last year. A CGI spokesperson said: “We were delighted with the ability...

Students from Dellwood Middle School visited the offices of Axa XL to learn about international business in Bermuda. They were joined by Diallo Rabain, Minister of Education, who said: “We welcome this opportunity for our students to learn more about...

PartnerRe Ltd has reported an $108 million loss for the fourth quarter, compared with a loss of $32 million for the same period in 2018. The loss includes net realised and unrealised investment losses of $50 million on fixed maturities and short-term...

The Bermuda office of London-based re/insurance specialist Neon is to remain open for at least another four months, a spokesperson said. “Neon is keeping an office open until at least June as it manages an orderly run off,” she said. It was announced...

A deal that presents the opportunity for Athene Holding Ltd to be included in a major S&P index, such as the S&P 500, has been concluded. The Bermudian-based retirement services company has concluded a “strategic transaction” with its partner Apollo ...

Dear Dave, My husband and I had our first child in December. We bought a house not long before the baby was born, and since then we’ve been getting mail and phone calls about buying mortgage protection insurance. We’re both 27, we have good jobs, and...

Global trading markets experienced an absolute disruption (expressed in investment terms) last week. As fears of contagion from the coronavirus with the possible concomitant reductionor freeze in supply chains’ access for global industries, and many...

A profit of $29.7 million, or 32 cents per share, has been reported by Third Point Re for the fourth quarter. That compares to a $298 million loss for the same period in 2018. The Bermudian-based reinsurer had net income of $200.6 million, or $2.16 p...

Qatar Re chief executive officer Michael van der Straaten has been appointed CEO of QIC Global (International), effective from the beginning of March. It is a year since he took over the reins at Bermudian-based Qatar Re following the resignation of ...

John McSweeney and Larissa Roche have joined Appleby Bermuda’s dispute resolution and corporate department. Prior to becoming an associate in Appleby’s dispute resolution department, Mr McSweeney was a litigation associate at Cox Hallett and Wilki...

Despite this week’s dramatic decline in the major stock indices, markets remain within 5 per cent of their all-time highs. Now, as the long running bull market in stocks approaches 11 years some investors may be wondering what to do next. Should they...

American International Group Inc has entered into an accelerated share repurchase agreement with Citibank, N.A. to repurchase $500 million of AIG’s common stock. It is part of AIG’s existing share repurchase authorisation of $2 billion announced a y...