BMS Group, the independent specialist re/insurance broker with an operation in Bermuda, has appointed Germán Torres-Ortíz managing director and head of Caribbean facultative business for BMS Re Latin ...
Thirty years after one of the costliest and most consequential natural disasters in American history, the (re)insurance industry is warning legislators and regulators that urgent action is needed to p...
Clarien will adjust its Bermuda dollar base lending rate by 50 basis points (0.50 per cent) on September 1, following the US Federal Reserve rate increase on July 27, the bank has announced.
It will m...
Retail sales in Bermuda continued their rebound in May, albeit slightly, increasing for the second consecutive month year over year, as reflected in the May 2022 Retail Sales Index.
After adjustin...
Legal & General Reinsurance has provided internship opportunities for two Bermudian students this summer, including a placing in the group’s London headquarters.
Trae Smith, 22, started at L&G Re in H...
Despite elevated catastrophe activity, AM Best’s composite of US and Bermudian reinsurers posted an improved underwriting margin in 2021, with a minimal number of COVID-19-related claims and larger co...
Bermuda is to be among the ports of call for the delivery trip across the Atlantic Ocean for the MSC Seascape, which has been built by Italy’s Fincantieri ship-building group.
The cruise ship successf...
Bermudian-based Hoegh LNG Partners LP reported a fivefold increase in net income during the second quarter of the year compared with the prior year period.
The floating liquefied natural gas service p...
Lombard International Group announced today that it has entered into a definitive agreement to sell its US and Bermuda business to BroadRiver Asset Management and its affiliated entities.
Lombard Inte...
Bermuda is featured in another Top Ten list, this time: 10 Reasons Bermuda Is the Ultimate Island Destination, the article just published Tuesday in the Leisure section of Town & Country magazine.
“Fr...
