Category: Business
Ed Appoints Kelley As Liability Division Head
Ed, the global reinsurance, wholesale and specialty broker, announced the appointment of Colin Kelley as Head of Ed’s new Liability Division in Bermuda. Effective immediately, Mr Kelley will lead the professional lines, casualty and healthcare teams. Mr Kelley brings more than 16 years of both underwriting and broking experience to the business. He... Read more of this article
Tysers Announces Investment In Helix
Tysers has announced a minority investment in Bermuda’s newly formed and first independent managing general underwriter Helix Underwriting Partners Limited. Richard Tomkins, Managing Director of Tysers Bermuda Limited, commented: “As we enter the 200th year of Tysers existence, we are delighted to be partnering with Helix Underwriting Partners. “In... Read more of this article
Bermuda Stock Exchange Report: Jan 14 2020
January 14 saw 4,100 shares trade on the Bermuda Stock Exchange, valued at $47,314.00 BD. 1,056 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.6% at $35.75 per share, while another 600 shares were traded by Devonshire Industries Ltd, closing even at $3.30 per share. 1,000 shares were traded by Argus Group Holdings Ltd, closing up... Read more of this article
33 Businesses Join Ignite Accelerator Programme
Ignite Bermuda announced the list of entrepreneurs who have been accepted for their January 2020 Business Accelerator Programme. 33 entrepreneurial leaders will be accelerating their businesses on the programme, effectively doubling the size of the inaugural 2019 cohort. Jennifer Adam, Wavecrest Cyniqua Anderson, Just Dreams Event Planning Tracy... Read more of this article
Tiziana Intends To Redomicile To Bermuda
Tiziana Life Sciences intends to redomicile the company to Bermuda. This is according to a statement on the company’s website, which said, “Tiziana Life Sciences plc, a biotechnology company focusing on the discovery and development of innovative therapeutics for inflammation and oncology indications, announces that it has appointed advisers... Read more of this article
Gallagher Moves To 100% Interest In Capsicum
Arthur J. Gallagher & Co. has increased its interest in Capsicum Reinsurance Brokers LLP from 33% to 100%. The company said, “Launched in December 2013 through a strategic partnership with Gallagher, Capsicum Re has since grown rapidly to become the world’s 5th largest reinsurance broker with over 150 employees and offices in the UK, US,... Read more of this article
Bermuda Stock Exchange Report: Jan 13 2020
January 13 saw 1,850 shares trade on the Bermuda Stock Exchange, valued at $10,610.00 BD. 1,550 shares were traded by Argus Group Holdings Ltd, closing up 9.6% at $2.85 per share, while the other 300 shares were traded by BF&M Ltd, closing at an even at $20.50 per share. The BSX finished at 2,373.44, up 0.21% on the day. There was 1 advance, 0... Read more of this article
Carey Olsen Bermuda Appoints Michael Frith
Carey Olsen Bermuda has appointed Michael Frith in the firm’s corporate practice. “Mr. Frith, who was formerly director of another global offshore law firm, is a well-known figure in the offshore legal marketplace. He specialises in all aspects of Bermuda corporate law, with a particular focus on insurance/reinsurance regulatory and transactional... Read more of this article
Yana Orlova Named Director Of The Year
Cliff Drysdale Tennis [CDT] has named Director of Tennis Yana Orlova of Rosewood Bermuda its 2019 Director of the Year during their annual end of year Cliffy Awards. A spokesperson said, “The Cliffy Awards are presented to team members and clubs that embody the Cliff Drysdale Tennis experience through a commitment to world-class tennis and exceptional... Read more of this article
Bierman Astor Estate For Sale At $2.95M
A notable piece of Bermuda real estate has been listed for sale, with the seven-acre Bierman Astor Estate on Ferry Road in St. George’s available at a price of $2,950,000. The listing on Cranfields Property says, “Over seven acres, predominately zoned Res 1 with approximately 1,700 feet of boat able waterfront. Currently the property has... Read more of this article
AXIS Expands Renewable Energy Expertise
AXIS Insurance, the insurance business segment of AXIS Capital Holdings Limited, announced the appointments of Sam Walsh as senior underwriter and Mat Pifer as an underwriter in its renewables division. Messrs. Walsh and Pifer will be jointly responsible for underwriting new and renewal, property and liability renewable energy business in North America,... Read more of this article
Catalina Appoints Bruce Hemphill, Thomas Sorell
Catalina Holdings [Bermuda] Ltd announced the appointments of Bruce Hemphill and Thomas Sorell as two new Non-Executive Directors [NEDs] to its Board. The roles are effective from December 2019. Bruce Hemphill, who was the CEO of Old Mutual PLC, brings significant financial services expertise and experience. This includes leading a FTSE 100 company... Read more of this article
