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LONDON (AP) — Willis Towers Watson yesterday reported third-quarter earnings of $75 million. The London-based company said it had net income of 58 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.31 per share. The results ...

Blue Capital Reinsurance Holdings Ltd posted a net loss of $1.1 million for the one-month period ended July 31, 2019 and net income of $1.7 million for the first seven months of the year. The company’s fully converted book value per common share was...

Chancery Legal has hired John Blackwood, a senior corporate counsel with broad experience in the fields of finance, corporate structuring and banking. Mark Pettingill, senior counsel and director, said: “It’s an exciting time to practise law in Bermu...

Steve Hales has been appointed CEO of Bermuda-domiciled reinsurer Resolution Re, part of the Resolution Life Group. He joined the Resolution Life Group in 2017 as executive director of Europe, and before that he was group head of connected insurance ...

Artex Risk Solutions yesterday announced that it has reached agreement to acquire Horseshoe Insurance Services Holdings Ltd. The transaction, which significantly strengthens Artex’s insurance-linked securities operations, is subject to regulatory app...

The Regulatory Authority is seeking to increase fees on electricity providers and telecommunications companies to fund a $1 million-plus increase in its budget for the next financial year. In its work plan consultation document for 2020-21, the RA es...

Armour Group Ltd has appointed Yulia Bruskova as chief risk officer. Ms Bruskova will assume her new position in November and will report to the group CEO and appropriate governance committees. Ms Bruskova is an experienced reinsurance risk executiv...

Leslie Rans is to step down from her position as chief executive officer of Bermuda Aviation Services Ltd at the end of the month, the company announced today. In a filing with the Bermuda Stock Exchange, BAS said that Ms Rans will “take a leadership...

Everest Insurance announced today that the company has purchased all outstanding remaining shares of its joint-venture partner, Salus Systems, LLC. Salus, founded in January 2017, develops and markets a collaborative safety management platform, Zero,...

Carol Hall failed one of the first computer auditing exams she ever took, miserably. But it did not stop her from going on to establish a career in auditing and also co-found the Bermuda chapter of the computer auditing educational group, Isaca. Sh...

Bermudian-based Aspen Insurance Holdings Ltd announced today that Mohinder “Mo” Kang has been appointed chief people officer. Mr Kang joins Aspen from the Post Office Ltd where he was group human resources director with responsibility for more than 4...

Estera, a provider of corporate administration, funds and trust services, has appointed Sonal Patel as managing director, head of sales — Americas, Bermuda and Caribbean. Ms Patel will focus on implementing Estera’s regional growth strategy, further...