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The Department of Social Insurance will be closed from tomorrow until next Tuesday for renovation work, the Ministry of Finance announced today. The office, in the Government Administration Building on Parliament Street, Hamilton, will close tomorrow...

Lockton Re has launched its Bermuda office with the appointment of Jonathan (Jonty) Davies as chief executive officer. Mr Davies joins Lockton Re (Bermuda) Limited from Aon Reinsurance Solutions where he was most recently head of Global Re Specialty ...

Catherine Duffy has been awarded the Fred Reiss Lifetime Achievement Award for her outstanding commitment and contribution to Bermuda’s captive industry. She was named the award winner at the Bermuda Captive Conference, which is being held virtually....

Bermuda could face “another round” of the Covid-19 pandemic and potentially a tough winter, the Premier warned last night. Mr Burt told a virtual Bermuda Captive Conference: “I happen to believe that we are going to have another round of the pandemic...

A longstanding member of the Bermuda insurance market has been appointed head of innovation underwriting at Greenlight Capital Re Ltd in the Cayman Islands. Heejae Cho joins the specialist property and casualty reinsurer based with more than 18 years...

Axa XL Insurance has appointed Rafael Docavo-Malvezzi as global chief underwriting officer for Political Risk, Credit & Bond and Lian Phua as head for PRCB, Americas. Mr Docavo-Malvezzi, who is based in New York, will report to Stephen Ashwell, group...

Bermuda market veteran Robert Bisset has joined Lockton Re as chairman, global retrocession and property specialty, Bermuda and Market Capital. The company said his appointment is subject to regulatory approval. Lockton Re, the global reinsurance bus...

Bermuda has lived for decades with the spectre of foreign governments shattering the economy with the stroke of a pen. Changing a few words in a tax code could cause immeasurable harm to international businesses, which has as one of its cornerstones...

Optimism about business and economic opportunities for Bermuda, and its ability to navigate any reforms to the global tax system, have been expressed by David Burt, the Premier. He gave opening comments at the Bermuda Captive Conference, which is bei...

Bermudian-based re/insurer Ascot has appointed Jeffrey Canfield as executive vice-president, casualty and product innovation for Ethos Specialty, the group’s wholly-owned managing general underwriter. The company said Mr Canfield will be responsible ...

Acrisure Re, the insurance broking and corporate risk advisory firm with an operation in Bermuda, has launched a London-based cyber reinsurance division in partnership with cyber-risk modeller, Kovrr. The company said the new division will be led by ...

Cybersecurity specialist Daisy Lopez has joined Bermudian-based Mosaic Insurance as the new insurer expands its US team of underwriters. Based in New York, Ms Lopez will be VP, production specialist, cyber, reporting to Mosaic’s head of Americas cybe...