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Robin Spencer-Arscott has been hailed as a “true ambassador for Bermuda” as he was named winner of the Bermuda Insurance Institute’s Lifetime Achievement Award. Bermudian Mr Spencer-Arscott has been heavily involved in organising the Bermuda Receptio...

Hamilton Insurance Group has appointed Keith Bernhard as head of internal audit. In this newly-created position, Mr Bernhard is responsible for developing and executing a risk-based internal audit plan for Hamilton Insurance Group and its subsidiari...

The Palm Beach Post is reporting that state-run insurer Citizens’ board chairman has been twice to Bermuda and once to London as approval was given for the purchase of private reinsurance costing up to $300 million in 2014. Chairman Chris Gardner sho...

The Bermuda Monetary Authority (BMA) has reported that 12 new insurance companies have registered in Bermuda. Craig Swan, managing director, supervision at the BMA said: “Bermuda remains attractive due to our unique ability to service the full spectr...

A founding member of Hamilton Re’s management team, Kathleen Reardon, has been promoted to the position of chief executive officer of Hamilton Insurance Group’s Bermuda-based Class 4 property casualty reinsurer. Chief executive officer of the $800 mi...

Bermuda-based reinsurer Everest Re Group says it will be using alternative capital increasingly as it comes close to closing its first catastrophe bonds. That was the view expressed by Everest CEO Dominic Addesso in an earnings statement that showed ...

Aspen Insurance Holdings CEO Chris O’Kane yesterday told analysts that his company is committed to its stand-alone plan — but conceded that there are many companies that would make potential merger partners, other than Endurance Specialty Holdings wh...

Allied World has reported a 79.9 percent combined ratio for the first quarter of 2014, an achievement which has pleased chief executive officer Scott Carmilani as earnings crushed analysts’ expectations. The Switzerland-headquartered re/insurer’s und...

Aspen Insurance Holdings Ltd’s first-quarter profit rose by nearly a third compared to the same period last year to $120.4 million, as the company trounced Wall Street’s expectations. The Bermuda-based insurer and reinsurer, which is the subject of a...