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Rochelle Simons has been elected chairwoman of The Institute of Directors Bermuda Branch. Mrs Simons said she saw growth opportunities both for the organisation and its members. Having become a member of the Executive Committee when the branch relau...

Reinsurance broker and consultancy JLT Re has appointed a new partner. Charles Withers-Clarke, partner in JLT Re, said that Deanna Williams would be a valuable addition to the firm. He added: “I have worked with Deanna for many years and know her can...

Hamilton Insurance Group has made two senior role changes. Keith Bernhard, who previously worked in audit and risk management at the company, is now chief audit officer and Wendy Davis Johnson, who joined the firm in 2015, has become chief communicat...

The Bermuda Business Development Agency has announced the appointment of Greg Wojciechowski to its board of directors. Mr Wojciechowski, chief executive officer of the Bermuda Stock Exchange for the past 15 years, joined the BDA board this month. “On...

Businessman Allan Marshall is the third member of the island branch of the Institute of Directors to achieve chartered director status. He said: “Achieving the chartered director designation has been a goal of mine since I became a member of the of t...

Bermuda-based insurer and reinsurer Argo has appointed a new head for Latin American business. Jorge Luis Cazar Leon will lead operations insurance and reinsurance operations in central and South America, reporting to Argo’s head of international Jos...

A Bermudian has become the head of Florida’s third biggest credit union. Timothy Antonition is the new president and chief executive officer of Space Coast Credit Union, which has $3 billion in assets. Mr Antonition, already identified as the next CE...

A legal notice has been gazetted warning about the use of unauthorised “ambush” marketing during the America’s Cup. The Restricted Marketing Order, matching that used during the Louis Vuitton America’s Cup World Series event in October, is intended o...

First-quarter profit surged 33 per cent for Bermudian insurer Argo Group. Net income was $36.7 million, or $1.19 per diluted share, compared to $27.7 million, or 89 cents per share, for the first quarter of 2016. The company said it had benefited fr...

Ratings agency AM Best has put the financial strength rating of the parent of OneBeacon Insurance Group under review with positive implications following the announcement of its impending sale to Canadian insurer Intact Financial Corporation. OneBea...

Bermuda trust company Meritus has moved to new larger offices — and taken on three new staff. And Allan Wiekenkamp, one of the founders of the firm and chief financial officer and chief operating officer, said the move reflected the strength of the t...

A bid by the UK’s House of Lords to force Bermuda and other overseas territories to introduce a public record of company ownership has been dropped. Bermuda, which already has a register of beneficial owners accessible on request by overseas governme...