Bermuda

Albo is the first woman to serve as an elected officer of the Bermudian trade body.

Joshua Brekenfeld will report directly to Aspen chairman and CEO Mark Cloutier.

The chances of an MBO led by CEO David Reeves seem to be at an end, as a possible new Lloyd’s entry route opens for Premia.

I spent the early part of last week in Bermuda and, in between running for cover whenever it rained, my days saw me visiting contacts and hearing their thoughts on the current major market talking points.

The combined Lloyd’s business would write around $835mn on a pro-forma basis.

Meredith Head will join the reinsurer in September after more than 10 years at TMR.

The (re)insurer is expected to pick either its reinsurance or insurance CEO to replace group chief Dominic Addesso.

The Bermudian won the non-binding vote on executive pay, but claimed just 50.3 percent of the vote.

The hedge fund said Tuesday that it was discontinuing a proxy campaign to get five new directors on the board.

Arch Capital backed hedge fund carrier’s outlook graded “stable”.

The planned changes to the company's board size come after feedback from long-term shareholders, the insurer said.

The Bermuda-based reinsurer knocked 15.5 percentage points off of its combined ratio.