Brookfield House hits milestone with topping-out ceremony The event marks the completion of the nine-storey building’s steel frame and follows a longstanding tradition Created: May 21, 2025
Reinsurance Bermuda ‘vital piece of the puzzle’ as US retirement needs grow In the United States, 11,000 people turn 65 every single day, which poses challenges and opportunities In the United States, 11,000 people turn 65 every single day, which poses challenges and opportunities Sep 15, 2025 7:28 PM
Reinsurance Mereo chooses Phinsys for software solution Phinsys said it will implement its full suite of finance automation software to support Mereo’s finance operations Phinsys said it will implement its full suite of finance automation software to support Mereo’s finance operations Sep 15, 2025 7:21 PM
Reinsurance Life reinsurers pass stress tests with flying colours BMA assesses the resilience of Bermuda’s insurance market through regular exercises BMA assesses the resilience of Bermuda’s insurance market through regular exercises Sep 15, 2025 6:51 PM
Bermuda Stock Exchange Bank shares dip Butterfield share price finished 8 cents lower at $45.18 on the NYSE Butterfield share price finished 8 cents lower at $45.18 on the NYSE Sep 15, 2025 4:58 PM
International Business Professionals and firms shortlisted for awards The Citywealth awards, open to public voting until October 31, celebrate excellence in the private wealth sector The Citywealth awards, open to public voting until October 31, celebrate excellence in the private wealth sector Sep 15, 2025 1:45 PM
Reinsurance The Fidelis Partnership strengthens Bermuda office The new department heads strengthen the partnership’s treaty team and work closely with the c-suite The new department heads strengthen the partnership’s treaty team and work closely with the c-suite Sep 15, 2025 1:36 PM
Reinsurance Trillion-dollar tab for Bermuda insurance market Commercial insurers and reinsurers incurred $1.1 trillion in claims to global policyholders from 2016 to 2024 Commercial insurers and reinsurers incurred $1.1 trillion in claims to global policyholders from 2016 to 2024 Sep 15, 2025 8:00 AM
Local Business More capital projects on tap to meet water demand Watlington is actively investing in infrastructure to expand production capacity and extend the distribution network Watlington is actively investing in infrastructure to expand production capacity and extend the distribution network Sep 15, 2025 7:59 AM
Reinsurance US property and casualty insurers post strong gains Bermudian-based reinsurers have already faced heightened combined ratios in part because of the events Bermudian-based reinsurers have already faced heightened combined ratios in part because of the events Sep 15, 2025 7:58 AM
Reinsurance Cat rates expected to soften barring major event Changes are said to be driven by ambitions to grow the reinsurance market as well as capital base building Changes are said to be driven by ambitions to grow the reinsurance market as well as capital base building Sep 14, 2025 12:02 PM
Local Business Watlington profit climbs as new reservoir comes online For the first half of 2025, the water company posted net earnings of $2 million, up from $1.8 million For the first half of 2025, the water company posted net earnings of $2 million, up from $1.8 million Sep 14, 2025 8:00 AM
Personal Finance Does laddering term deposits work? Carla Seely on an investment strategy that promotes liquidity and relative security Carla Seely on an investment strategy that promotes liquidity and relative security Sep 13, 2025 8:00 AM
Personal Finance Dealing with adult children asking for money Dave Ramsey warns against parents falling into endless cycle of providing assistance Dave Ramsey warns against parents falling into endless cycle of providing assistance Sep 13, 2025 7:59 AM
Bermuda Stock Exchange Bank down on NYSE Butterfield was down 40 cents for the week, closing at $45.26 Butterfield was down 40 cents for the week, closing at $45.26 Sep 12, 2025 5:28 PM
Reinsurance Next step in Aspen-Sompo merger A required majority of shareholders voted August 27 to approve the $3.5 billion deal A required majority of shareholders voted August 27 to approve the $3.5 billion deal Sep 12, 2025 3:50 PM
Reinsurance PwC Bermuda expands life actuarial services More than 70 long-term insurance companies are now based on the island, managing over $1 trillion in reserves More than 70 long-term insurance companies are now based on the island, managing over $1 trillion in reserves Sep 12, 2025 3:34 PM
Local Business Appleby welcomes three new lawyers The new hires include one Bermudian and will join the firm’s dispute resolution and corporate practices The new hires include one Bermudian and will join the firm’s dispute resolution and corporate practices Sep 12, 2025 3:31 PM
Local Business Legal reforms favour ESG initiatives The Benefit Entities Act 2025 and the Trustee Amendment Act 2025 are government Bills introduced in Parliament The Benefit Entities Act 2025 and the Trustee Amendment Act 2025 are government Bills introduced in Parliament Sep 12, 2025 3:24 PM
Reinsurance Donnacha Smyth is new Axa XL CUO, Casualty As part of his new global role, the executive will relocate to Ireland in 2026 As part of his new global role, the executive will relocate to Ireland in 2026 Sep 12, 2025 11:52 AM
Local Business Telecoms shed jobs as customers switch providers Employment in the sector lost more than one in 10 positions last year, even amid rising revenue Employment in the sector lost more than one in 10 positions last year, even amid rising revenue Sep 12, 2025 8:33 AM
Reinsurance Ariel Re plans for a second Lloyd’s syndicate The company will begin quoting on behalf of Syndicate 2006 on December 1, for binding January 1 The company will begin quoting on behalf of Syndicate 2006 on December 1, for binding January 1 Sep 12, 2025 8:00 AM
General CG launches Return of Premium: life insurance that gives back Sales manager Jonathan Robinson raises awareness with a fresh initiative Sales manager Jonathan Robinson raises awareness with a fresh initiative Sep 12, 2025 12:30 AM
International Business New sanctions spotlight Russia’s deportation of Ukrainian children Companies must search for and freeze any assets they hold from the eight individuals and three organisations Companies must search for and freeze any assets they hold from the eight individuals and three organisations Sep 11, 2025 7:00 PM
Reinsurance Bermuda reinsurers play key role in US health market Locally based companies were at the centre of some of the year’s biggest transactions in the sector Locally based companies were at the centre of some of the year’s biggest transactions in the sector Sep 11, 2025 6:30 PM
Local Business Diversity leader to headline Dive In Festival Helena Morrissey, the financier and author, will chat with Dan Burrows, chief executive of Fidelis Helena Morrissey, the financier and author, will chat with Dan Burrows, chief executive of Fidelis Sep 11, 2025 6:28 PM
Bermuda Stock Exchange Bank price rises Butterfield rose 72 cents to finish at $45.66 on the New York Stock Exchange Butterfield rose 72 cents to finish at $45.66 on the New York Stock Exchange Sep 11, 2025 6:02 PM
Reinsurance Long-term industry gathers in Bermuda for Biltir event The 2025 Bermuda International Life and Annuity Conference is at capacity, with 500 registrants for next week’s gathering The 2025 Bermuda International Life and Annuity Conference is at capacity, with 500 registrants for next week’s gathering Sep 11, 2025 5:42 PM
Local Business Banks see opportunities in commercial lending Total loans edge up 1.3 per cent in the first quarter of 2025, reflecting wider economic growth Total loans edge up 1.3 per cent in the first quarter of 2025, reflecting wider economic growth Sep 11, 2025 8:00 AM
Reinsurance Bermuda tax shift weighs on global reinsurer profits Reinsurers got a major break in 2023, but the one-off relief expired in 2024, leading to lower returns Reinsurers got a major break in 2023, but the one-off relief expired in 2024, leading to lower returns Sep 11, 2025 7:59 AM
Reinsurance PwC: reinsurance faces $17trn opportunity Companies will go beyond providing capital to orchestrating resilience across industries from tech to healthcare Companies will go beyond providing capital to orchestrating resilience across industries from tech to healthcare Sep 11, 2025 7:58 AM