Bermuda’s Minister of Finance, the Hon. Paula A. Cox, announced that Bermuda had concluded negotiations of a bilateral agreement with Belgium that provide for a full exchange of information on criminal and civil tax matters between Bermuda and the Kingdom …
A.M. Best Co. indicated that its ratings of Bermuda-based Torus Insurance Holdings Limited and its operating subsidiaries remain unchanged following the contribution of Sideris Re Holdings Ltd (SRH) to Torus by First Reserve Corporation (the sole shareholder of Torus) [See …
Bermuda-based PartnerRe Ltd. announced its successful cross-listing on both the NYSE and Euronext Paris stock exchanges. The company said the cross-listing facility, effective immediately, is consistent with its “commitment to providing investors with a Euro-denominated, European-listed trading platform for PartnerRe …
Bermuda-based PartnerRe Ltd. announced that it has completed its acquisition of 100 percent of the outstanding common shares of PARIS RE Holdings Limited, following the approval by PARIS RE’s shareholders of the previously announced merger [See IJ web site – …
Global insurance broker and risk advisor Marsh has appointed Philip Gawthorpe as Multinational Client Service Practice leader for the Midwest Zone. Gawthorpe, who has more than 30 years of insurance industry experience, will be based in Marsh’s Chicago office and …
The Association of Bermuda Insurers and Reinsurers (ABIR) has elected a new slate of officers for the 2010 and 2011 term. The bulletin said that, as of the beginning of the new year, “Michael Butt, Chairman of the Board of …
Swett & Crawford has hired Carmela Noto as a broker in the insurance wholesaler’s Morristown, New Jersey office. Noto has long-term experience in marketing and managing commercial insurance portfolios and spent the bulk of her 20-year career with All America …
The San Diego office of Lockton Cos. hired Bud Cole in the company’s employee benefits practice as vice president and senior consultant. Cole will serve as a liaison between clients and the Lockton benefits team, responsible for managing client relationships …
Bermuda-based Validus Holdings, Ltd. announced that its wholly owned subsidiary, Talbot Underwriting, Ltd., is expanding its presence in the international Construction and Engineering market with the appointments of Simon Wilcock and Patrick Bravery, both highly experienced underwriters who had formerly …
The Bermuda-based Max Capital Group Ltd. announced the establishment of a Latin American reinsurance operation and the appointment of two senior managers for the region. Carlos Caputo will serve as CEO of Max’s Latin American business, and Sonia Galvis will …
