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Bermudian re/insurance industry veteran Kavan Tucker is to join the global markets team at Axis Re as a senior mortgage underwriter in the firm’s Bermuda office. Mr Tucker will take up his post at the reinsurance business segment of Axis Capital Hold...

Bermuda’s reputation as a place for insurance run-off excellence grew continually in 2020, a leading executive in the Bermuda office of professional services firm PwC has said. James Ferris, a partner and leader of the Bermuda Advisory practice, said...

Independent insurance company manager Strategic Risk Solutions has added to its Bermuda office with the appointment of Anna Pereira to the newly-created position of senior vice-president, insurance-linked securities. Ms Pereira takes up her role on M...

Bermudian-based offshore drilling outfit Seadrill Ltd is to submit an application to the Supreme Court of Bermuda for the appointment of joint provisional liquidators after it filed Chapter 11 cases in the Southern District of Texas. The cases were f...

The Bermuda Business Development Agency assisted in the incorporation of 20 new entrants to the market in 2020 through its designated business concierge service, the organisation said in its end-of-year report. They included three class 3A commercial...

Watford Holdings Ltd has reported a profit of $61.4 million, or $3.08 per share, after $1.1 million of preference dividends, for the fourth quarter. That compared to a net loss of $16.9 million, after $1.2 million of preference dividends for the same...

Bermudian-based PartnerRe Ltd has appointed Hermann Pohlchristoph to its board an independent director. The company said Mr Pohlchristoph has held multiple executive roles, most recently at Munich Re as a member of the board of management from 2017 u...

The Bermuda Monetary Authority and the Wyoming Division of Banking announced today their joint Digital Assets Memorandum of Understanding. The BMA said the MoU creates a framework under which the BMA and the WDOB can co-operate to facilitate the esta...

Strategic Risk Solutions, a provider of independent insurance management and consulting services, which has operations in Bermuda, is establishing an office in Guernsey. The announcement comes just two weeks after SRS opened an office in Zurich, Swi...

Insurance industry veteran Susan Pateras has been elected deputy chairwoman of the board at the Bermuda Business Development Agency. Her appointment is effective immediately. The BDA also announced that board member Fiona Beck has been re-elected as ...