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Bermuda-based Archer has announced a new organisation centred on four geographic and strategic areas to better align with its customers, drive operational performance and create synergies. North America (NAM) headquartered in Houston will be led by R...

Bermuda-based XOMA Ltd has announced that it has moved its corporate domicile to Delaware and changed its name to XOMA Corporation. All of the outstanding common shares of the former XOMA Ltd will be automatically converted into common stock of XOMA ...

Global Sources Ltd (Bermuda) has announced a management reshuffle set to be completed by the beginning of next year. Peter Zapf, Global Sources’ chief operating officer, will move into his new role as chief information officer effective from January ...

Validus Holdings Ltd has announced that Paschal Brooks has joined Validus Managers Ltd as an executive vice-president and the portfolio manager for the AlphaCat funds. Formed in 2008, Validus Managers currently manages more than $400 million in inves...

Axis Capital Holdings Ltd has announced that its Axis Insurance segment has appointed John Van Decker as executive vice-president and head of North American professional lines. In the newly-created position, Mr Van Decker will be responsible for over...

The Bermuda Economic Development Corporation is looking to expand the North East Hamilton Economic Empowerment Zone over to the North Shore, and include the Happy Valley and Montpelier Road areas. The BEDC said it also planned to provide even more as...

Axis Capital Holdings Ltd has announced the promotion of John Kuhn to the new role of chief underwriting officer (CUO) at Axis Insurance. In his new position, Mr Kuhn has responsibility for global property and casualty underwriting operations within ...

XL Insurance (Bermuda) Ltd (XLIB) has promoted Matthew Irvine to chief underwriting officer of its Professional Lines unit. The company also announced the appointment of Stephen Outerbridge as senior vice-president, underwriter, effective immediately...