Tag: Business executives

Neil Currie To Retire As RenaissanceRe CEO

RenaissanceRe Holdings Ltd. on Wednesday [May 15] announced that Neill Currie will retire on July 1 and Kevin O’Donnell will succeed him as Chief Executive Officer and join the board of directors of the company. As part of the transition, Mr. Currie [pictured] will continue in an advisory capacity to the company through the conclusion of his contract... Read more of this article

Sirius Announces Dedicated ILS Team

Sirius International Group, Ltd., the Bermuda-based reinsurance unit of White Mountains Insurance Group, Ltd., on Tuesday [May 14] announced the formation of a dedicated team to lead its strategic initiative in the Insurance Linked Securities [ILS]/reinsurance capital markets convergence arena. The new initiative will be jointly led by Michael Halsband... Read more of this article

Anthony Philip Named As New Bermuda AIG CEO

[Updated] American International Group, Inc. announced today [May 14] that Bermudian Anthony Philip has been named President and Chief Executive Officer of American International Company Limited [AIG] in Bermuda. Mr. Philip will assume his new position effective immediately. He succeeds David Valzania, who was recently named as head of Global Risk... Read more of this article

AQR Re Expands Its Bermuda Presence

AQR Re reported on Monday [May 13] that it has hired two new executives to expand its presence in Bermuda, former Renaissance Re executive John Lummis as CEO and ex-Aon Benfield broker Paul Karon as vice chairman. Mr. Lummis was formerly chief operating officer and chief financial officer at RenaissanceRe, where he worked from 1997-2006. More recently... Read more of this article

Bermuda Captive Conference Adds Session

The upcoming Bermuda Captive Conference is gearing up to be quite an impressive event again this year. Held from June 9-12, 2013 at the Fairmont Southampton Princess, the Bermuda Captive Conference boasts what no other jurisdiction can with an expanded offering from Bermuda’s commercial insurance and reinsurance market. Due to this expanded offering,... Read more of this article

Christopher Smith Joins Endurance As Senior VP

Christopher Smith has joined Bermuda-based Endurance Specialty Holdings Ltd. as Senior Vice President to build and lead a new Ocean Marine insurance unit writing bluewater hull, brownwater hull, marine liability and cargo coverage. Over his 30 year career, Mr. Smith has focused exclusively on marine insurance, developing strong underwriting expertise... Read more of this article

LOM’s 2012 Financial Results: “Difficult Times”

LOM [Holdings] Limited — an international financial services company which offers a complete range of investment services and products through its subsidiaries based in Bermuda, the Bahamas, and the UK — today [May 3] announced the financial results to fiscal year end 31 December, 2012. In a letter to shareholders, chief executive officer... Read more of this article

Arlene Brock Awarded Life Membership In IOI

Arlene Brock, Ombudsman for Bermuda, was awarded an Honorary Life Membership in the International Ombudsman Institute [IOI]. Ms. Brock served on the Board of Directors of the IOI from June 2009 to November 2012. She was also the Vice-President of the IOI’s Caribbean & Latin American Region. She stated: “I was astounded to hear the news and was... Read more of this article

MJM Limited Appoints Associate Emily Deane

MJM Limited welcomed Emily Deane as an Associate in the firm’s property and private client practice group. Ms Deane specialises in residential and commercial property transactions, estate planning, wills, trusts and probate. Before moving to Bermuda, Ms Deane had been practicing in the UK for several years. She regularly advises on property and private... Read more of this article

Validus Announce Dividend, New Board Member

Validus Holdings has declared a quarterly dividend of $0.30 per common share and $0.30 per common share equivalent for which each outstanding warrant is exercisable. The dividend is payable on June 28, 2013 to shareholders and warrant holders of record on June 14, 2013. The Bermuda-based company also announced that Dr. Therese “Terri” Vaughan,... Read more of this article