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Bermuda International Long Term Insurers and Reinsurers has created three new positions on its board of directors. Sylvia Oliveira, a current board member, takes up the position of chairwoman. Ms Oliveira, who is chairwoman and chief executive office...

Hamilton Insurance Group today announced the appointment of Megan Thomas as chief executive officer of the company’s reinsurance business, Hamilton Re. Ms Thomas comes to Hamilton from Bermudian-based rival Axis Capital, where she was chief underwrit...

Financial services investment holding company Somers Limited has reported net income of $39.7 million for its third quarter, which ended on June 30. That was an improvement of 12 per cent for the quarter, and up from $5.8 million for the same period ...

The Institute of Directors Bermuda has congratulated Denton Williams, chief executive of the Regulatory Authority of Bermuda, on the achievement of the Certificate in Company Direction designation. Branch chairwoman Rochelle Simons, said: “We are de...

Bermuda’s A+ rating for long-term sovereign credit has been affirmed by Standard & Poor’s. Finance minister Curtis Dickinson said rating agency S&P performed a review on Bermuda’s sovereign credit worthiness in light of the Bermuda Government’s inten...

Like many small businesses, my company took a massive financial hit after the outbreak of Covid-19. Gravity Payments is a credit card processor that primarily serves small and mid-sized businesses. Our cashflow depends on how many credit card transac...

Bermuda reinsurers Third Point Re and Sirius Group have agreed to merge in a deal that will form a $3.3 billion combined company. Siddhartha Sankaran, the former chief financial officer of American International Group who was recently named non-execu...

William Wood has joined Artex as director, captive and commercial for its Bermudian operations. As part of the office’s senior management team, he is responsible for leading the Bermuda captive and commercial (re)insurance management operations. He...

A background that ranges from data science to legal services, financial regulations and coding, has given Monika Adams a breadth of skills to stand out from the crowd. Now she has created her own company, Kastleway Compliance, offering industry secto...

Aditya Dutt, the outgoing head of RenaissanceRe’s Ventures business, has been appointed president and a partner of Aeolus Capital Management Ltd. Bermudian re/insurer RenRe announced last week that Mr Dutt, a senior vice-president and president of Re...

Allan Doughty has joined MJM Ltd’s dispute resolution team as senior counsel. Mr Doughty first qualified in Nova Scotia, Canada, in 2002 before returning home to Bermuda in 2004, when he was called to the Bermuda Bar. MJM described Mr Doughty as “a ...

The Olderhood Group has appointed Ian Dale as a non-executive director. Mr Dale, a UK-based Chartered Institute of Personnel and Development-accredited coach and business consultant, will assist Olderhood with the strategic expansion of their intera...