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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
Banker Larry Slaughter Joins Lazard Ltd.
Lazard Ltd., the largest independent merger-advisory firm, hired Larry Slaughter as a managing director and vice chairman in its investment-banking business. Mr. Slaughter, 49, was previously co-head of North American investment banking at JPMorgan Chase & Co., the biggest US lender, and also served as head of European investment banking corporates... Read more of this article
Elderfield Named To Lloyds Banking Post
Lloyds Banking Group confirmed on Tuesday [Apr. 30] that it had recruited former Bermuda Monetary Authority CEO Matthew Elderfield as group director of conduct and compliance, a newly created position. He will start work in October this year and will report to the chief risk officer, Juan Colombas. The move follows an internal reshuffle of Lloyds’... Read more of this article
Pillar Capital Holdings Appoints Jeff Franklin
Pillar Capital Holdings Limited, a Bermuda-based insurance asset manager focused on collateralized reinsurance and catastrophe insurance-linked securities, today [Apr 30] announced that Bermudian Jeff Franklin has joined the firm as SVP & Portfolio Manager effective immediately. Mr. Franklin joins Pillar from Flagstone Re where he served as Chief... Read more of this article
Golar Partners LNG Board Appointment
Golar LNG Partners LP announced this week [Apr. 25] that Georgina Sousa has resigned her position as a director of the company. Kathrine Fredriksen has been appointed to replace Mrs. Sousa as a director of Golar Partners. Established in 2010, Golar LNG Partners LP provides floating storage and regasification and liquefied natural gas transportation... Read more of this article
Brookfield Infrastructure: New Directors Appointed
Brookfield Infrastructure Partners Ltd. has announced the appointment of three new directors to its board. The new directors are John Fees, Donald Mackenzie and Rafael Miranda Robredo and their appointments are effective as of Monday [Apr. 22]. Brookfield Infrastructure Partners is a a publicly traded limited partnership headquartered in Hamilton that... Read more of this article
Marty Becker To Address Alma Mater Tonight
W. Marston Becker, president and CEO of Bermuda’s Alterra Capital Holdings Ltd.,will address faculty and students of his alma mater tonight at the Business and Economics Distinguished Speaker Series tonight [Apr. 25] at at West Virginia University [WVU]. Mr. Becker [pictured], a WVU College of Business and Economics alumnus, founded Alterra which... Read more of this article
Aspen Appoints Gary Gregg As New Director
Bermuda-based Aspen Insurance Holdings Limited has appointed Gary Gregg as a non-executive director of the Company. Mr. Gregg was with Liberty Mutual Group from 1989 to 2011 where he undertook a number of executive positions within Liberty Mutual’s commercial insurance operations including most recently as Executive Vice President; President,... Read more of this article
BBDC Completes Business Bermuda Merger
The Bermuda Business Development Corporation [BBDC] completed all legal processes on Friday [Apr. 19] when the members of Business Bermuda approved the merger of their organisation with the BBDC. The BBDC is a public-private sector partnership that is focused on growing Bermuda’s economy, supporting international business and creating jobs. The... Read more of this article
