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Tokio Millennium Re (TMR) has appointed a new CEO. Stephan Ruoff yesterday took over as head of the firm, founded in Bermuda 15 years ago. Mr Ruoff said: “I’m delighted to be leading TMR into an exciting new phase of development. “We have established...

Insurance and reinsurance broker Willis Group Holdings has announced industry veteran Paul Scope will head up its Bermuda operation. Mr Scope has been appointed chairman of Willis Bermuda and he will oversee Willis’s risk adviser, insurance and reins...

Reinsurance-linked investment specialist Catco Investment Management Ltd has appointed a new chief operating officer. Ly Lam is to move from Bermuda-based Aspen Insurance Holdings, where she has been chief financial officer for the company’s reinsura...

LOM Stockbrokers Ltd announced that John Portelli has been promoted to vice-president — investments. Mr Portelli joined LOM in March 2010 as a financial adviser and has since risen to his new position. Michael Greaves, sales manager at LOM said: “I...

CatCo Investment Management Ltd’s chief financial officer Jason Bibb has resigned to return to the United Kingdom. In a filing with the Bermuda Stock Exchange, CatCo said that Mr Bibb, who was also chief operating officer, has resigned with immediate...

Aspen Insurance Holdings has appointed a new group chief financial officer in the wake of the previous postholder’s departure. Scott Kirk, who was Aspen’s chief financial officer for the firm’s insurance business, takes over from John Worth, who is l...

An investments firm yesterday announced a new president and CEO. Hamilton-based AFL Investments said Joel Schaefer will take over in the top job and be responsible for the overall investment business, as well as in charge of the firm’s strategic plan...