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Bermudian-based Sompo International has announced four new hires as it looks to build up its global business. The company, which runs the non-Japanese business of Tokyo-based giant Sompo, said yesterday that Patrick Cove had joined the company to bec...

A marketing business that transforms design concepts into branded products, has found success, growth and some high-profile clients. Brandit Bermuda Ltd was established six years ago by 35-year-old Jaime Ramsay, whose business stemmed from his suppor...

Randolph Smith has joined Independent Consulting Solutions Ltd as a technical consultant. Mr Smith has over 20 years of experience in the information and communications technology industry. ICS Bermuda, which opened its doors in 1998, was founded by...

Offshore law firm Carey Olsen Bermuda has named Mary Ward as a partner in its corporate practice. Ms Ward takes up her new role after 15 years at Conyers Dill & Pearman. Before she came to Bermuda, Ms Ward worked for international law firms Linklater...

Oil Casualty Insurance Ltd has hired Christopher Carpol as senior reinsurance underwriter. Mr Carpol, who will be responsible for overseeing Ocil’s assumed reinsurance operations, was previously with Tokio Millennium Re Bermuda as assistant vice-pre...

Gosling’s Limited yesterday announced a voluntary recall by Stella Artois of 33cl bottles of beer that may contain particles of glass. The recall applies to single bottles of Stella Artois, and is limited to bottles from one third-party production fa...

Bermudian-based Fidelis Insurance has hired Alison Clarke as a senior underwriter on its London underwriting team. Ms Clarke will focus on continuing the growth of the group’s bespoke product offering, as well as assuming management responsibilities ...

Law firm Appleby has announced five partner promotions at its Bermuda office and another four in offices in the Cayman Islands and the Isle of Man. All of the promotions in Bermuda are in the firm’s corporate team. Those being promoted are Matthew Eb...

Suzanne Williams has been named as the new director of policy and regulation for the Association of Bermuda Insurers and Reinsurers. Ms Williams, a Bermudian, will start in her new role with the industry representative body in May 2018. The news was ...

Claude Lefebvre, a founding member of Hamilton Re, is to leave the firm to pursue other interests. The Bermudian-based reinsurer said today that Mr Lefebvre, chief underwriting officer, partnerships and casualty reinsurance, will stay on in his curre...

Paraline, a Bermuda-domiciled insurance and reinsurance holding company, has appointed Paul Rayner as active underwriter of Paraline Syndicate 4242 and SPA 6123. Mr Rayner will also become a member of the group’s board. Mr Rayner has more than 18 yea...

Mergers and acquisitions are a hot topic in many sectors again, certainly in insurance, with the news that Axa is to buy XL Group. The allure of growing at a speed that is impossible to achieve through organic growth is often the objective combined w...