RECENT NEWS
Insurance Journal  May 22  Comment 
The Bermuda Monetary Authority has appointed Shanna Lespere as its chief operations officer (COO). In her new position, effective immediately, Lespere will oversee the authority’s operational functions – communications, document management,...
Mondo Visione  May 21  Comment 
The Bermuda Stock Exchange (“BSX”) advises that the Exchange will be closed on Monday, 25 May, 2015, in observance of the Bermuda Day Public Holiday. The BSX will re-open on Tuesday, 26 May, 2015.
newratings.com  May 20  Comment 
WASHINGTON (dpa-AFX) - A day after being grounded in Bermuda, cruise ship Norwegian Dawn, was re-floated back to sea. By Wednesday morning, the ship was moved to Bermuda's Royal Navel Dockyard, and docked at the Heritage Wharf. On Tuesday,...
Insurance Journal  May 19  Comment 
The IRS’s scrutiny of tax avoidance in offshore locations has discouraged bidders from taking over reinsurers, potentially reducing the companies’ value. Montpelier Re Holdings Ltd. and Platinum Underwriters Holdings Ltd., both based in...
Cellular News  May 15  Comment 
Digicel Bermuda has announced that Chief Financial Officer, Robin Seale has been promoted to the position of Chief Executive Officer replacing Alistair Beak Click here for more.
Insurance Journal  Apr 30  Comment 
Standard & Poor’s Ratings Services Made clear that despite its April 28 rating action on Bermuda, “its counterparty credit and financial strength ratings on all Bermuda-based (re)insurance companies are unchanged.” S&P noted that it...
Insurance Journal  Apr 24  Comment 
Investment vehicles set up by Paulson & Co. and Highbridge Capital Management in tax-friendly Bermuda may be under threat from the U.S. Internal Revenue Service. The IRS, in proposed rules published Thursday, said that the favorable treatment...
Insurance Journal  Apr 21  Comment 
ACE Group has announced several key executive appointments in its ACE Bermuda business. Rees Fletcher has been named Chairman of ACE Bermuda. He joined ACE Bermuda 26 years ago, rising to the position of Senior Vice President, Excess Liability in...
Insurance Journal  Apr 15  Comment 
Validus Reinsurance, Ltd., a wholly owned subsidiary of Validus Holdings, Ltd. has announced a number of underwriting promotions in its Bermuda office, “strengthening the capabilities and breadth of its global reinsurance team.” The promotions...




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