Latest Bermuda Headlines

All the headlines from our Bermuda Topic Page, ordered by recency.

People Moves: Price Forbes Bermuda Promotes Kelley to CEO; WTW Gets Saudi Arabian License, Names Chubb’s Bahafi as Head of Insurance Broking

Oct 28 2024 // This edition of Interational People Moves details appointments at the brokers Price Forbes and WTW.A summary of these new hires follows here. Price Forbes Bermuda Promotes Kelley to CEOPrice Forbes Bermuda announced the...

People Moves: AXA XL Promotes Flanagan to Lead P&C Bermuda; Intangic Names Cryer as Dir. of Client Solutions; Dale Names Daniel Head of Global Property Reinsurance

Sep 27 2024 // This edition of International People Moves details appointments at AXA XL Bermuda, the tech risk platform Intangic, and the Lloyd’s insurer Dale Underwriting Partners.A summary of these new hires follows here. AXA XL...

Acrisure Launches Bermuda Operation, Led by Industry Veteran Scope

Sep 26 2024 // Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, has launched an office in Bermuda to focus on wholesale insurance broking for its global clients.Trading as Acrisure Bermuda Ltd., the new...

People Moves: Brit Names Guy Carpenter’s Stephenson to Lead Bermuda Expansion; HDI Global Taps Geis From Allianz as Managing Director for Germany

Sep 5 2024 // This edition of International People Moves details appointments at Brit Ltd. in Bermuda and HDI Global in Germany.A summary of these new hires follows here. Brit Names Guy Carpenter’s Stephenson to Lead Bermuda...

Ernesto Becomes Category 2 Hurricane as It Heads to Bermuda

Aug 16 2024 // Ernesto strengthened into a Category 2 hurricane as it plowed northward toward Bermuda, threatening to drench the British territory with heavy rain and unleash flash floods.The storm was 410 miles (660 kilometers)...

Hurricane Ernesto Threatens Bermuda, Leaves Puerto Rico in Dark

Aug 15 2024 // Hurricane Ernesto took aim at Bermuda as almost half of Puerto Rico remained without power in the storm’s wake, the island’s fragile electric grid battered by high winds.Officials declared a hurricane watch for...

Legacy Acquirer DARAG to Sell North America, Bermuda Units to Fairfax’s RiverStone

Aug 8 2024 // DARAG Group, the Malta-based legacy acquisition company, announced it has agreed to sell its North American and Bermuda business entities to the RiverStone Group, a subsidiary of Fairfax Financial Holdings Ltd.The sale,...

People Moves: Vantage Promotes Bellitti as Chief Pricing & Portfolio Actuary, Names BHSI’s Valzania as CUO; AXA XL Promotes Bailey as Head of Professional, Bermuda

Jul 26 2024 // This edition of International People Moves details appointments at Vantage Group Holdings and AXA XL.A summary of these new hires follows here. Vantage Promotes Bellitti as Chief Pricing & Portfolio Actuary,...

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 company.R&Q...

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, BermudaAs 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 Bermuda-based...

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 the...

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 RetiresArch 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...