PwC Promotes Cartmill, Pittendrigh And Sealy

PwC Bermuda has announced the appointment of three new partners, with David Cartmill, Crystal Pittendrigh and Damian Sealy promoted effective July 1. A spokesperson said, “PwC Bermuda today announced the appointment of three new partners. These promotions mark significant milestones for our colleagues, reflecting the firm’s continued investment in the growth of our practice, the …
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Taylor Joins Compre As Managing Director

Compre Group Holdings Limited has appointed Graham Taylor as managing director of underwriting, effective immediately. A spokesperson said, “Compre Group Holdings Limited [Compre], the Bermuda-domiciled international specialty reinsurance group, today announces the appointment of Graham Taylor as managing director of underwriting, effective immediately. “Reporting to Chief Underwriting Officer Rachel Bardon, Taylor will play a key …
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Fidelis Launches Adroit Reinsurance MGA

Pine Walk, the specialist MGA platform of The Fidelis Partnership [TFP], announced the launch of Adroit Underwriting Limited, a new Bermuda-based MGA focused on US small and medium enterprise [SME] casualty reinsurance. A spokesperson said, “Adroit will provide disciplined, data-driven reinsurance solutions across a broad suite of US casualty lines, including Medical Malpractice, Cyber Liability, …
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Mosaic Launches Political Risk Talent Program

Mosaic Insurance has launched an innovative program connecting senior political risk leaders with a pipeline of emerging talent to strengthen the fast-growing market. A spokesperson said, “The initiative kicked off with a recent day-long forum sponsored by Mosaic at Lloyd’s, where political risk executives from both the broking and underwriting sectors met top-achieving geopolitical students …
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PwC’s Report Highlights AI’s Impact On Jobs

PwC’s 2026 AI Jobs Barometer found that artificial intelligence is reshaping hiring, increasing demand for human skills and driving productivity growth. A spokesperson said, “According to PwC’s 2026 AI Jobs Barometer, AI is rapidly reshaping the skills employers want most from workers – increasing the emphasis on human skills such as judgement, creativity and leadership …
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Gates Shareholders Approve Bermuda Plan

Gates Industrial Corporation announced that shareholders overwhelmingly approved proposals to redomicile the company’s parent from England and Wales to Bermuda. A spokesperson said, “Gates Industrial Corporation plc today announced that its shareholders have overwhelmingly voted in favor of the Company’s proposals in connection with the Company’s intention to change its place of incorporation from England …
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Sixth Street To Acquire Stake In Monument Re

Sixth Street announced that investment vehicles managed or advised by Sixth Street have entered into a definitive agreement to acquire a majority stake in Monument Re. A spokesperson said, “Sixth Street, a leading global investment firm, today announced that investment vehicles managed or advised by Sixth Street have entered into a definitive agreement to acquire …
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Carnival Reports 2026 Second Quarter Results

Carnival Corporation –  which recently completed the unification of the company’s dual-listed structure under a single corporate entity and shifted its legal incorporation to Bermuda –  announced financial results for the second quarter 2026 and provided an updated outlook. The company said they recorded net income of $537 million with record adjusted net income of …
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Aon Donates $8,000 To SkillCraft Bermuda

Aon has donated $8,000 to SkillCraft Bermuda to support its programme helping teenagers develop workplace and educational skills. A spokesperson said, “Aon has proudly partnered with SkillCraft Bermuda, contributing $8,000 to support its mission of helping teens ages 16–18 develop the skills and confidence they need to succeed in work and further education. SkillCraft Bermuda …
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Vantara Relocation Launches In Bermuda

Vantara Relocation has launched in Bermuda, offering fixed-price relocation services and seven-day support for executives, professionals and international families moving to the island. A spokesperson said, “Vantara Relocation today announced its official debut as a bespoke relocation consultancy serving executives, professionals and international families moving to Bermuda. The firm will offer a fixed-price corporate model, which …
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AM Best Assigns PCA To Fortium Insurance

AM Best has assigned a Preliminary Credit Assessment [PCA] to Fortium Insurance Company Ltd. [Fortium] [Bermuda] with a Financial Strength Assessment of A- pca [Excellent] and a Long-Term Issuer Credit Assessment of “a-” pca [Excellent]. The outlook assigned to the PCA is stable. The ratings agency said, “The PCA reflects Fortium’s balance sheet strength, which …
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Gas-O-Rama Raises $20,500 For Charity

The 57th Annual Gas-o-Rama raised $20,500 for Compassionate Care Partners’ Help Us Grow campaign. A spokesperson said, “The 57th Annual Gas-o-Rama, a collaboration between the Hamilton Lions Club and Terceira’s Service Stations, held on Saturday, February 28, raised $20,500 for Compassionate Care Partners [formerly known as Friends of Hospice] and its Help Us Grow capital …
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AM Best Affirms Allshores Ratings

AM Best affirmed the ratings of Allshores Limited’s insurance and reinsurance subsidiaries, citing the outlook for all ratings is Stable. The ratings agency said, “Allshores Limited [“Allshores”] [BSX: ALSH] today announced that AM Best has affirmed the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a” [Excellent] …
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Bermuda Motors Reps Attend MINI Conference

Bermuda Motors representatives Joy Burgess and Sebastien Cornet attended the MINI Product & Marketing Conference in Budapest, Hungary. A spokesperson said, “Bermuda Motors was proudly represented at the MINI Product & Marketing Conference held in Budapest, Hungary, in June 2026 by Joy Burgess, Senior Sales Representative, and Sebastien Cornet, General Sales Manager. “The conference brought …
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AM Best Revises Nuclear Electric’s Outlooks

AM Best revised its outlook on Nuclear Electric Insurance Limited and its subsidiaries, including Bermuda-based Cedar Hamilton Limited, to positive from stable. The ratings agency said, “AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings of “a+” [Excellent] of …
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AM Best Affirms Convex Group Ratings

AM Best affirmed the ratings of Convex Group’s insurance and reinsurance subsidiaries, citing the group’s very strong balance sheet, improving underwriting performance and stable outlook. The ratings agency said, “AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings of “a” [Excellent] of Convex Re Limited [CRL] [Bermuda], …
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AM Best Affirms PT Asuransi Astra Ratings

AM Best affirmed the ratings of PT Asuransi Astra Buana, saying “the ratings also factor in a neutral impact from Asuransi Astra’s ultimate parent, Jardine Matheson Holdings Limited [Bermuda].” The ratings agency said, “AM Best has affirmed the Financial Strength Rating [FSR] of A- [Excellent], the Long-Term Issuer Credit Rating of “a-” [Excellent] and the …
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PwC Survey On Bermuda, Business, AI, More

“Bermuda’s boardrooms are facing a widening governance gap between the pace of artificial intelligence [AI] investment and their capacity to oversee it,” according to PwC’s Caribbean Corporate Governance Survey 2026 – Bermuda Edition. A spokesperson said, “The survey, which outlines four board priorities for the future, reveals that while 62% of directors agree their organizations’ …
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Over 500 Attend Athene Life Career Expo

The 2026 Athene Life Career Expo brought together more than 500 students, graduates and professionals to explore careers in Bermuda’s growing life and annuity reinsurance industry. A spokesperson said, “More than 500 students, recent graduates and seasoned professionals attended the 2026 Athene Life Career Expo.” “This was the fourth year of the Athene Life Career …
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Skyport Invites VIP Lounge Operators

Skyport is seeking expressions of interest from companies to “operate and maintain two full-service common use VIP Lounges at the airport.” A spokesperson said, “Bermuda Skyport Corporation Limited [Skyport], developer and operator of L.F. Wade [Bermuda] International Airport under a thirty-year agreement with the Government of Bermuda, wishes to invite participation from qualified and reputable …
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AM Best Affirms Rating Of Vantage Risk

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” [Excellent] of Vantage Risk Ltd. [Bermuda] and its affiliates, Vantage Risk Specialty Insurance Company and Vantage Risk Assurance Company [both domiciled in Wilmington, DE], which do business as Vantage …
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Public Service Career Fair Set For Tomorrow

The Government of Bermuda’s Public Service Career Fair & Expo will be held at Pier Six tomorrow [June 18], highlighting career opportunities, training programmes and advancement pathways across the public service. A Government spokesperson said, “Tomorrow [June 18] the Government of Bermuda’s Public Service Career Fair & Expo will take place tomorrow at Pier Six, …
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Everest & Stone Point Launch Annapurna Re

Everest Group, Ltd. announced that it has partnered with Stone Point Insurance Solutions to launch Annapurna Re Ltd., a Bermuda-based casualty reinsurance sidecar. A spokesperson said, “Funds managed by Stone Point will serve as the inaugural, anchor investors in this multi-year vehicle. “As part of the transaction, Annapurna is expected to deploy approximately $600 million …
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