Hashtag: #BusinessExecutives
Ian Cook Promoted To Group COO Of BAS Ltd.
Bermuda Aviation Services Limited have promoted of Bermudian Ian Cook to the position Group Chief Operating Officer of Bermuda Aviation Services Ltd. (BAS) effective 22 April, 2013. Mr Cook replaces Frank Williams who has left the Company. Mr Cook is an accomplished Engineer with more than decade of senior management experience working in businesses... Read more of this article
Endurance Announces New ARMTech CEO
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, yesterday [Apr. 22] announced that Michael Smith will be rejoining the company effective immediately as Chief Executive Officer of ARMtech Insurance Services. Mr. Smith will report to Jack Kuhn, CEO of Global Insurance for Endurance. In... Read more of this article
Former BMA CEO Eyed For Lloyds Banking Role
Lloyds Banking Group is reported to be in talks to hire Matthew Elderfield, the former Bermuda Monetary Authority CEO who last week announced he is to leave his role as the Irish Central Bank’s deputy governor. According to a report on the Bloomberg news service on Thursday [Apr. 19], Mr. Elderfield could take up a senior position in compliance at... Read more of this article
XL Group Expands Its Footprint In Atlanta
XL Group — which maintains its executive headquarters and major operational platforms in Bermuda — is expanding its footprint and boosting its insurance underwriting operations with new additions to its Primary Casualty, Excess Casualty, Marine, Construction and Regional Management teams in Atlanta. “Atlanta is the global headquarters... Read more of this article
BMA Appoints Craig Swan: New Executive Post
The Bermuda Monetary Authority [BMA] has established a new executive post to lead all its supervisory functions, and appointed Craig Swan to the position. “The position of Managing Director, Supervision reflects the next phase of strategic evolution for the Authority,” said BMA CEO Jeremy Cox. “Our role as Bermuda’s financial regulator has expanded... Read more of this article
Aspen Re Announces Formation Of New Division
Aspen Reinsurance, the reinsurance segment of Bermuda’s Aspen Insurance Holdings Limited, today [Apr. 16] announced the formation of a new division, Aspen Capital Markets, with Brian Tobben appointed managing director of the newly created unit. Aspen Capital Markets is intended to expand Aspen Re’s participation in the alternative reinsurance... Read more of this article
Judith Wynne Joins CATCO Executive Team
Bermuda-based CATCo Investment Management Ltd has announced the appointment of Judith Wynne as Group General Counsel and Company Secretary. Ms Wynne joined the company on April 1 and reports directly to Jason Bibb, CATCo’s Chief Operating Officer and Chief Financial Officer. She has more than two decades of experience in corporate governance, mergers... Read more of this article
Willis: New Capital “A Threat To Reinsurers”
Many traditional reinsurers now see the flow of capital coming into the reinsurance market as a direct threat to their existing portfolios, according to Willis Re, the reinsurance broking arm of Willis Group Holdings. Will Re has a substantial Bermuda presence and Willis Group Holdings deputy CEO Steven Hearn recently described the island as “a... Read more of this article
Allied World Appoints Doran To VP Position
Allied World Assurance Company Holdings, AG — which maintains a major Bermuda platform — announced that Sarah Doran has been appointed Senior Vice President, Investor Relations and Treasurer. She will be based in Allied World’s New York office and will report directly to Thomas the company’s CFO Bradley. Ms Doran assumes investor relations... Read more of this article
Energy XXI CEO To Address NYC Symposium
Bermuda-incorporated Energy XXI yesterday [Apr. 10] announced chairman and CEO John Schiller will present at the Independent Petroleum Association of America’s Oil and Gas Investment Symposium held in New York City on Tuesday [ Apr. 16] at 8:35 a.m. Eastern Daylight Time. Information regarding webcasting will be available on the Energy XXI homepage... Read more of this article
Teekay Tankers Orders Four LR2 Tankers
Bermuda-based Teekay Tankers Ltd. announced today [Apr.8] that it has entered into an agreement with STX Offshore & Shipbuilding Co., Ltd., of South Korea for the construction of four, fuel-efficient 113,000 dead-weight tonne [dwt] Long Range 2 [LR2] product tanker newbuildings for a fully built-up cost of approximately $47 million each. The agreement... Read more of this article
Seadrill Repurchases Common Stock Holding
Bermuda’s Seadrill Limited has, through market purchases executed on Wednesday [Apr. 3], repurchased 150,000 of the company’s own common stocks at an average price of 212.919 Norwegian Krone [NOK] per share. In connection with the company’s Employee Share Ownership Plan [ESOP], eligible option holders have exercised options to acquire... Read more of this article
