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Annexus, the US-based retirement product design company, has announced that Athene BCA 2.0 Suite of Fixed Indexed Annuities, one of its flagship FIAs, won the "FIA of the Year" award at the SPi USA 2022 Awards for Excellence ceremony. Athene is a Ber...

Bermuda, and the island’s newest luxury resort, have been nominated for prizes in the 2022 Gay Travel Awards. Bermuda has been nominated in the “Destination, Island” category. The St Regis Bermuda Resort, in St George’s, has been nominated in the “Ho...

The credit ratings of Bermudian-based Fidelis Insurance Holdings Limited and its subsidiaries remain under review with negative implications, AM Best has said. The ratings agency said Fidelis has received regulatory approvals for the separation of it...

Entrepreneur Shi-Vaughn Lee’s Dove & Butterfly, the skincare business, has won the top prize of $500 as the e-tailer recording the most sales during Cyber Monday. The annual event is an online initiative organised by the Bermuda Economic Development ...

Argus Group Holdings Limited has reported net income for the six months to September 30 of $26.3 million, compared with $8.1 million in the previous year. Argus chief executive Alison Hill said: “The financial results for the six months to September ...

The Bank of NT Butterfield & Son Limited has announced that Ingrid Pierce has joined its board as an independent director, bringing the total number of directors to ten. Ms Pierce is the global managing partner of Walkers, the international law firm....

Darag Group, the international legacy specialist with an office in Bermuda, has announced that its German insurance carrier, Darag Deutschland AG, has received court approval to complete a Part VII transfer with China Taiping Insurance (UK) Co Ltd, a...

Bermudian-based Athene Holding Ltd, the financial services company, has served as the lead investor in the transaction and is the majority shareholder of a new, unified fleet management business. The company said LeasePlan USA and Wheels Donlen annou...

A Bermuda company, Lancashire Holdings Limited, and its Bermuda insurer are facing a negative outlook for ratings issued by credit rating agency AM Best. Although recognising several positive attributes of performance and management processes, the ag...

Counterpart, the Los Angeles-based management liability insurtech, has added miscellaneous professional liability insurance to its existing suite of management liability products and services available to small businesses through Counterpart’s wholes...