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Bermudian-based Axis Capital Holdings Ltd has announced a preliminary first quarter net loss estimate for catastrophes and other weather-related events in the range of $105 million to $115 million, pre-tax ($95 million to $105 million, after-tax). Th...

Argus Group Holdings Ltd has appointed Constantinos “Costas” Miranthis and Garrett Curran to its board of directors. Both appointments were effective April 12, the company said. David Brown, chairman of Argus, said: “I am very pleased to welcome Cost...

Ed, the global reinsurance, wholesale and specialty broker, has announced that re/insurer Ascot Bermuda has joined its etrading platform TradEd. The company said the portal, which was launched for carriers and clients last April, enables carriers to ...

Pensioners should have received their Government cheques by mail yesterday, the Department of Social Insurance said. Those who received cheques can cash them in at their respective banks during their designated shopping days. Banking hours will be fr...

What could be better than having a successful veteran of the insurance industry as the chief executive officer for a new global speciality insurance company? Mosaic Insurance has the answer – two successful insurance industry veterans as co-CEOs. The...

Gallagher Re, the global reinsurance broker, has created a new, on-the-ground cyber reinsurance specialism in Bermuda, expanding the geographic hubs of its global cyber practice. The company said the dedicated team will be led by specialist cyber bro...

Watford Holdings Ltd has announced completion of the purchase of Axeria IARD, a property and casualty insurance company based in France. Watford, the parent company of Bermudian-headquartered global specialty re/insurer Watford Re Ltd, said it has ac...

Bermuda is well-positioned to become a leading jurisdiction in the growing market for climate risk finance, the chairman of the Bermuda Business Development Agency has told an international audience. Stephen Weinstein is the former chief legal office...

A $1.9 million donation to the Bermuda College Foundation is among the highlights of the 2020 Corporate Social Responsibility Report released by Athene Holding Ltd. The donation by the Bermudian-based financial services company, announced in October,...

Online reinsurance marketplace Tremor Technologies has attracted former PartnerRe president and chief executive officer Emmanuel Clarke. He has joined the board of the Boston-based company. Mr Clarke worked for Bermudian-based PartnerRe for more than...

The Bermuda Business Development Agency has partnered with UK firm Newton Media to create a special edition of Bermuda: Re+ILS to showcase Bermuda’s “Class of 2020” with a report on the re/insurance start-ups and new capital report. The BDA said the ...

The leader of Bermudian-based Nordic American Tankers Ltd told the company’s shareholders and investors yesterday to expect rate increases for its ships. Herbjorn Hansson is the founder, chairman and chief executive officer of NAT. He was speaking fo...