Log In

KPMG Bermuda and one of its managing directors have been fined and censured by the Public Company Accounting Oversight Board, the firm’s regulator for the audits of American public companies. KPMG has been fined $250,000 while Damion J Henderson, who...

It’s the ultimate corporate governance conundrum — is it better to have a token woman in the boardroom, than no woman at all? Kim Willey, ASW Law senior counsel, posed the question last month at the ASW Law International Women’s Day Harbourside Chat...

Expect the consolidation trend to continue in the insurance industry in the coming years. That’s the view of experts from EY, the global professional-services firm, who see the drivers of the combinations that have swept the industry as being very mu...

The issue of a combined chairman/CEO role remains a controversial corporate governance matter. While there have been shifts towards separation, the unified role remains favourable and common in large listed US companies. Calls to separate the roles ...

Bermudian-based Everest Re Group Ltd has bolstered its Lloyd’s general liability casualty team with the hiring of two former Ironshore Insurance staff. The company said Graeme McGeachie and Pete Graham will join Everest Insurance’s international divi...

The newly re-elected chairwoman of the Bermuda branch of the Institute of Directors says its members can play a larger role on the boards of island-based companies. Rochelle Simons says she wants to raise the profile of IoD members who are available ...

Bermudian reinsurer Watford Holdings Ltd started trading on the Nasdaq Stock Exchange today. Existing shareholders of the company, which was founded by Bermudian re/insurer Arch Capital five years ago, were aiming to sell 3.59 million shares in an of...

Bermudian-based Hamilton Insurance Group, the holding company for insurance and reinsurance operations in Bermuda and at Lloyd’s, has announced two executive-level appointments, and one departure from the company. Peter Barrett, former chairman of Ll...

Bermuda-based reinsurer Monument Re has announced the completion of its acquisition of Dutch insurer Robein Leven NV from Amerborgh Financial Services BV. The deal, which was first announced in July last year, was closed after receipt of regulatory a...

Company co-founder Peter Mullen has rejoined alternative risk management solutions provider Artex as chief executive officer, replacing fellow cofounder David McManus who has assumed the new role of non-executive chairman. Mr Mullen, Mr McManus and J...

An activist shareholder of Argo Group International Holdings has put forward five candidates to join the re/insurer’s board to address what it describes as a “complete corporate governance shipwreck”. Voce Capital Management owns about 5.6 per cent o...

The total value of merger and acquisition deals in Bermuda topped $70 billion in 2018, more than double the previous year’s tally, a report released today by offshore law firm Appleby found. The island was home to four deals of more than $5 billion...