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The finance minister Curtis Dickinson yesterday refused to publicly divulge which countries are allied with Bermuda in the international discussions of the global tax initiative set to come to a head this October. But he will soon reconstitute the Ta...

Mosaic Insurance has begun underwriting transactional liability coverage in the United States amid what it says is a current upsurge in mergers and acquisitions activity. The Bermudian-based global speciality insurer, launched in February, said it of...

American lawyers are advising international investors to sue over a failed Bermuda investment company. The failure of Northstar Financial Services (Bermuda) is related to a jailed billionaire investor in the US, and the sudden halting of the company...

The Bermudian-based subsidiary of an American annuity, life insurance and reinsurance group has entered into a $4.8 billion reinsurance transaction. Global Atlantic Financial Group said its subsidiary, Global Atlantic Assurance Limited, inked the dea...

Axis Capital Holdings Ltd has appointed Bermuda market veteran Chris Caponigro as global head of the rebranded business segment Axis ILS. The rebranding of its third party capital unit as Axis ILS was announced by the Bermudian-based re/insurer in ta...

Bermudian-headquartered Sompo International Holdings Ltd has launched a programme that aims to better prepare young women to assume future leadership roles at the company. The global speciality provider of property and casualty insurance and reinsura...

A Bermudian-domiciled non-profit mutual organisation has promoted Justin Gardner to the role of chief executive officer. Signal Mutual, a provider of longshore benefits in the US, said Mr Gardner recently served as executive vice president and chief...

A business segment of Sompo International Holdings Ltd has set up a new team in Singapore to serve select industries in the Asian markets through appointed brokers. The Bermudian-headquartered specialty provider of property and casualty insurance and...

Athene Holding Ltd has led a minority investment in Challenger Ltd, an Australian investment management firm. The Bermudian-based financial services company said that, along with its strategic partner, Apollo Global Management, it has agreed to acqui...

SiriusPoint Ltd, an international speciality insurer and reinsurer, has launched Banyan Risk Ltd, a managing general agent underwriting directors’ and officers’ insurance. The company has been established by founder and chief executive officer Tim Us...

Owning an animal is a luxury and many factors need to be taken into consideration before taking a pet into your home. Not least of these is cost. Every animal you care for will cost you money, even the tiny feral kitten that you started to feed at yo...

Specialist global insurer Hiscox has appointed Vincent Prabis to the role of managing principal, Hiscox ILS, subject to Immigration Department and Bermuda Regulatory approval. Mr Prabis will be responsible for spearheading the company’s ILS evolution...