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Hiscox, a specialist insurer with offices in London and Bermuda, has promoted Juan de Castro to the position of chief operating office for Hiscox UK and Ireland. 24 November 2016
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Willis Bermuda, a segment of Willis Towers Watson, has appointed Kirsten Beasley as senior vice president of its healthcare team. 23 November 2016
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The president-elect of the National Association of Insurance Commissioners (NAIC) has describes the relationship between Bermuda and US insurance regulators as critical in the aftermath of talks between the body and the Bermuda regulator. 23 November 2016
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Bermuda reinsurers will be on watch as a powerful earthquake with a magnitude of 6.9 has struck 35 kilometres from the coast of Tomioka, Japan, close to the Fukushima nuclear power plant. 22 November 2016
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The Rockhill Insurance Group has hired Tracy Upton, a former vice president at Bermuda-based Everest Reinsurance, to lead its new E&S property unit. 22 November 2016
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XL Catlin, the global brand of Bermuda-based XL Group, has appointed Vincent Branch as chief executive of its new innovation and insurtech team Accelerate. 22 November 2016
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Chubb’s board has approved a $1 billion share repurchase programme with the purpose of boosting shareholder value, under a year following its merger with ACE. 21 November 2016
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Hamilton Insurance Group, the Bermuda-based holding company that partners with Two Sigma Investments on investment strategy and technology, has hired a Silicon Valley veteran to help it maximise its use of data science and analytics. 18 November 2016
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The ultimate parent company of Tokio Millennium Re, which retains a substantial presence on Bermuda despite moving its headquarters to Switzerland in 2013, has revised its targets for its full financial year upwards in its latest results. 18 November 2016
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The presence of commercial re/insurers in Bermuda allows captive owners and operators to access levels of open-market underwriting capacity not found in other captive domiciles – something that gives the Island a big advantage. 17 November 2016
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