Latest Bermuda Headlines
All the headlines from our Bermuda Topic Page, ordered by recency.
R&Q Files for Liquidation in Bermuda, Agrees to Sell Legacy Unit Inceptum
Jun 24 2024 // R&Q Insurance Holdings Ltd. confirmed it filed on June 21 an application with the Bermuda Supreme Court to appoint provisional liquidators to oversee the liquidation and ultimately the winding up of the...
R&Q to File for Liquidation in Bermuda, but Sale of Accredited Will Proceed
Jun 19 2024 // R&Q Insurance Holdings Ltd. announced it will file for a provisional liquidation in Bermuda – after it had it had exhausted strategic alternatives for a financial rescue. At the same time, R&Q said the proposed...
People Moves: AXA XL Promotes Pearman to New Role of CUO, Bermuda; Lockton Re Taps Former Aon Execs for Marine & Energy Division, Lloyd’s Capital Unit
Jun 10 2024 // This edition of International People details appointments at AXA XL and Lockton Re. A summary of these new hires follows here. AXA XL Promotes Pearman to New Role of Chief Underwriting Officer, Bermuda As part of its...
People Moves: Ascot Underwriting Names Thompson as CEO, Keith Named Head of Ascot Bermuda; Geneva Assn. Appoints AIA’s Top Executive as Chair
Jun 7 2024 // This edition of International People Moves details appointments at Ascot Underwriting Ltd. and Ascot Bermuda, along with The Geneva Association. A summary of these new hires follows here. Ascot Group Ltd., the...
People Moves: Canopius Hires CUO and CFO in Bermuda From Validus and AXA XL; MS Amlin Taps HDI’s Healy as Head of Property & Crisis Management Claims
May 2 2024 // This edition of International People Moves details appointments at global specialty re/insurers Canopius and MS Amlin. A summary of these new hires follows here. Canopius Hires CUO and CFO in Bermuda From Validus and AXA...
Markets/Coverages: AXA XL’s Bermuda Professional Lines Team Enhances D&O Policy
Apr 11 2024 // AXA XL’s Bermuda Professional Lines Team has launched a new lead difference-in-conditions (DIC) directors and officers liability policy. “AXA XL is one of the largest D&O insurers in the North American...
Lloyd’s and Bermuda Monetary Authority Collaborate to Share Risk Expertise
Mar 14 2024 // The Lloyd’s market and the Bermuda Monetary Authority (BMA) are jointly developing an initiative to share risk expertise between these two major re/insurance hubs. The focus will be on fostering innovation through...
People Moves: Aon Promotes Romeo to CEO of Bermuda Reinsurance Operations; Acrisure Re Taps Hodges From Howden Tiger as EVP
Mar 4 2024 // This edition of International People Moves details appointments at Aon’s Reinsurance Solutions Bermuda unit and Acrisure Re in London. A summary of these new hires follows here. Aon Promotes Romeo to CEO of Bermuda...
People Moves: Ardonagh Specialty Taps Gallagher Re’s Marsh as Deputy CEO of Bermuda, Inver Re’s Head of Retro; Aon Merges UK and EMEA, Naming Page as CEO
Nov 9 2023 // This edition of International People Moves details appointments at brokers Ardonagh Specialty (and its reinsurance unit Inver Re) and Aon. A summary of these new hires follows here. Ardonagh Specialty Taps Gallagher...
People Moves: Arch Insurance (Bermuda) Promotes Smith to MD After Hay Retires; Aon Taps Nichols From Aeolus as Global Reinsurance Clients Leader in Bermuda
Sep 26 2023 // This edition of International People Moves details appointments at Arch Insurance and Aon. A summary of these new hires follows here. Arch Insurance (Bermuda) Promotes Smith to MD after Hay Retires Arch Insurance (Bermuda)...
Bermuda Public Services Remain Disrupted After Cyber Attack
Sep 26 2023 // Bermuda is working to restore public services that were halted after last week’s “sophisticated and deliberate” cyberattack on its government systems, the island’s premier, E. David Burt, said on...
Arthur J. Gallagher & Co. Buys Bermuda-Based Frontier Financial Services Ltd.
Sep 13 2023 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based brokerage, risk management and consulting services firm, announced that its captive and alternative risk transfer solutions subsidiary, Artex, has acquired...
Bermuda Weighs Corporate Tax as Part of Global Minimum Tax Drive
Aug 9 2023 // Bermuda on Tuesday took steps toward adopting a corporate income tax as part of a move alongside nearly 140 other countries to overhaul tax regimes to deter large multinational companies from booking profits in the...
People Moves: Canopius Taps Former AXA XL Exec Cooper as Head of Reinsurance & Bermuda CEO; AXIS Re International Appoints Chubb’s Kent as President
Jul 13 2023 // This edition of International People Moves details appointments at Canopius and AXIS Capital Holdings. A summary of these new hires follows here. Canopius Taps Former AXA XL Exec Cooper as Head of Reinsurance & Bermuda...
Credit Suisse to Appeal Bermuda Court Ruling Against Georgia’s Ex-Prime Minister
Jun 26 2023 // A Bermuda appeals court on Friday largely dismissed Credit Suisse’s appeal in an ongoing case involving the Swiss bank’s local life insurance arm and Georgia’s former Prime Minister Bidzina...
People Moves: BMS Re Names O’Brien as VP in Bermuda; Guy Carpenter Appoints Howden Tiger’s Warwick as Head of GC Access Asia Pacific
Jun 22 2023 // This edition of International People Moves details appointments at reinsurance brokers BMS Re and Guy Carpenter. A summary of these new hires follows here. BMS Re Names O’Brien as VP in Bermuda BMS Re, the specialty...
People Moves: Howden Hires 3 for Casualty in London, Bermuda; Aon Names Fakkel CTO, Strategy & Tech Group; Everest Re Taps AIG’s Gallagher as Head of U.S. Facultative
Jun 15 2023 // This edition of International People Moves details appointments at Howden Broking, Aon and Everest Re. A summary of these new hires follows here. Howden Hires 3 for Casualty Team in London, Bermuda Howden, the...
People Moves: AXA XL Names Guidée Reinsurance CEO as Bewlay Moves to Group CUO; McGill and Partners Grows in Bermuda With Stubbings Hire
Jun 8 2023 // AXA XL said Renaud Guidée has been appointed as chief executive officer, Reinsurance, effective September 1. Guidée assumes the role from Nancy Bewlay, who has been appointed group chief underwriting officer. In this...
People Moves: Sompo Promotes Cañellas to Iberia Country Mgr.; Oneglobal Reshuffles Leadership Team; Watkins to Lead Excess Casualty, Bermuda Healthcare at Vantage
Apr 12 2023 // This edition of International People Moves details appointments at Sompo International, Oneglobal Broking and Vantage Group Holdings. A summary of these new hires follows here. Sompo Int’l Promotes Cañellas to...
New Reinsurance Brokerage, ReFlex Solutions, Launches in Bermuda
Mar 8 2023 // ReFlex Solutions Ltd., a new independent reinsurance brokerage, has launched in Bermuda with near-term plans for expansion into London and the U.S. The new business is led by Neville Ching, an industry veteran with 40...
