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Bermudian Michael Murdoch-Smith has been promoted by Allied World Assurance Holdings to vice-president, professional lines and team leader of Allied World’s Bermuda E&O team. He oversees professional liability for large law, accounting, architects &...

The insurance industry’s exposure to cyber-risk is “an accident waiting to happen”, says Stephen Catlin. The insurance industry veteran, who is leading $1.8 billion Bermudian start-up Convex Group, said some of the coverage being sold could not be ho...

Argo Group International Holding’s denial that it has an executive penthouse apartment above its New York City offices has stirred up more anger from activist shareholders. Because, while the company was correct when it batted away the claim, it did ...

James River Group Holdings, Ltd made a first-quarter profit of $22.7 million, or 75 cents per share. That was a 45 per cent improvement on the $15.6 million, or 52 cents per share, achieved a year ago. Adjusted net operating income for the first quar...

David Burt was invited to the State House in Boston by the Massachusetts Governor, Charlie Baker, to talk about the island’s links with the US Northeast. The Premier was accompanied by Curtis Dickinson, the finance minister. The discussion touched on...

Ten thousand insurance conference delegates in Boston got a surprise as they awoke to news yesterday that a $1.8 billion insurance and reinsurance start-up is being launched in Bermuda. For the contingent of representatives from Bermuda, the announce...

The parent company of Bermudian-based Qatar Re has reported $75 million net profit for the first quarter, an increase of $10 million, year-on-year. Qatar Insurance Group’s earning per share were 21 cents, compared with 18 cents for the same period la...

Argo Group International Holdings Limited has reported a 270.4 per cent jump in profit for the first three months of the year. The Bermuda-based insurer reported net incomes of $91.2 million, or $2.63 per share, which compares with $24.8 million for ...

Michael van der Straaten is the new chief executive officer of Qatar Re. He succeeds Gunter Saacke, who announced in January that he intended to step down in March. Mr Van der Straaten has been the acting CEO for the past few months. He joined the Be...

Curtis Dickinson, the Minister of Finance, is leading a delegation of government, regulatory and industry leaders at the Risk and Insurance Management Society annual conference and exhibition in Boston, which got under way today. David Burt, the Prem...

Looking west, down Hamilton Harbour, past Hinson’s Island and into the Great Sound, the view from Mitch Blaser’s corner office on a beautiful spring day was clear and bright. Bermuda’s future is somewhat cloudier — but Mr Blaser, chief transformation...

A corporate jet that has been used by Argo Group International Holdings appears not to have flown for more than two months since it became a talking point in a proxy battle between the company and activist shareholders Voce Capital Management LLC. Fl...