Tag: Business executives

White Mountains Invests In TRANZACT

White Mountains Invests In TRANZACT

White Mountains Insurance Group, Ltd. has made a majority investment in TRANZACT, a leading provider of end-to-end customer acquisition solutions to the insurance sector. White Mountains acquired approximately 63% of TRANZACT for a purchase price of $178 million, representing an enterprise value of approximately $280 million. Immediately following the... Read more of this article

Jamie Veghte Retires From XL Group

Jamie Veghte Retires From XL Group

XL Group plc announced that Jamie Veghte will retire as the Chief Executive of XL’s Reinsurance segment, effective December 31, 2014. The Company has begun a search for a new Reinsurance leader. Commenting on the announcement, XL’s Chief Executive Officer Mike McGavick said, “On behalf of all my colleagues, I want to thank Jamie for his two decades... Read more of this article

Lloyd’s Chairman To Speak At BMA Seminar

Lloyd’s Chairman To Speak At BMA Seminar

The Bermuda Monetary Authority [BMA] has unveiled an impressive line-up of speakers and panelists for the first of what is intended to become a series of seminars focusing on the drivers of change in the financial services industry. Chairman of Lloyd’s of London, John Nelson [pictured left], will give the opening keynote address at the inaugural seminar... Read more of this article

Tokio Re Reveals Newest Appointments

Tokio Re Reveals Newest Appointments

Tokio Millennium Re AG, a subsidiary of Tokio Marine & Nichido Fire Insurance Co Ltd, today [Oct 1] revealed several new Director and Executive Management appointments. A spokesperson said, “Ian Brimecome has been appointed Chairman of the Board of Directors of TMR AG effective immediately. Tatsuhiko Hoshina has been appointed Vice Chairman,... Read more of this article

ILS Bermuda Announce Second Panel Session

ILS Bermuda Announce Second Panel Session

ILS [Bermuda] Ltd., the organisers of the Bermuda Convergence 2014 today announced the second panel session that will be held at this year’s event as ‘Relative value – how do opportunities in reinsurance funds compare to other asset classes.’ Moderated by Michael Millette [pictured] of Goldman Sachs, panellists will include John Brynjolfsson,... Read more of this article

Ignition Appoints Shannon Gosse To Team

Ignition Appoints Shannon Gosse To Team

Ignition Technology Group Ltd has appointed Shannon Gosse as Business Development Manager. In this role, Mr. Gosse will develop, implement, and manage all key aspects of the business development efforts in the Bermuda region. A spokesperson said, “Shannon joins Ignition with more than 12 years of experience in the technology sector. This includes... Read more of this article

Video: Interview With PWC’s Arthur Wightman

Video: Interview With PWC’s Arthur Wightman

During an interview with AM BestTV at the Rendez-Vous de Septembre reinsurance conference in Monte Carlo, Arthur Wightman, PwC Bermuda managing director and insurance leader, said that insurers are risking their relevancy if they do not find ways cover uninsured risks and continue to play a key role in risk solutions. During the interview, Mr. Wightman... Read more of this article

Video: Axis CEO Speaks About Soft Markets

Video: Axis CEO Speaks About Soft Markets

Albert Benchimol, CEO of Bermuda-based Axis Capital Holdings, recently spoke with A.M. BestTV, offering his thoughts on the current soft market and the positive trends that he sees as presenting opportunities not only for Axis, but for the sector at large. Mr. Benchimol said, “Well, this is not the first soft market we’ve had, and unfortunately... Read more of this article

Paul Jardine To Speak At Convergence 2014

Paul Jardine To Speak At Convergence 2014

The Keynote speaker for Convergence 2014 will be Paul Jardine [pictured], Deputy Chairman of of Lloyds, ILS Bermuda Ltd has announced. Mr. Jardine will address the fear of over-capacity in the market, and how the industry can develop products to protect new and emerging risks. He will also outline the increase in demand for insurance and reinsurance... Read more of this article

Shawn Beber Joins Bank Of Butterfield Board

Shawn Beber Joins Bank Of Butterfield Board

The Bank of N.T. Butterfield & Son Limited today announced that Shawn Beber has joined its Board as a non-executive Director. Mr. Beber was nominated for appointment to the Board by Canadian Imperial Bank of Commerce [CIBC] to replace Victor Dodig, as one of its two representatives on Butterfield’s 10-member Board. Mr. Dodig resigned from the... Read more of this article


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