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A company related to Bermuda energy mutual, Everen, has maintained its strong credit ratings with AM Best. The agency has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of excess ge...

The RG/BSX Index moved up 58.71 points (2.35 per cent) to end the week at 2,493.27. The only activity on the Bermuda Stock Exchange Friday involved West Hamilton Holdings Ltd. which concluded with a 50 cent increase in the price (7.1 per cent) to $7....

24 Exchange, the multi-asset class trading platform, has joined the partner network of Talos, the provider of institutional digital asset trading technology. Through the addition of 24 Exchange, Talos users can access liquidity found on the 24 Exchan...

The Bermuda Monetary Authority is seeking feedback from stakeholders on the proposed amendments to the Digital Asset Business Act 2018: Code of Practice and Digital Asset Business (Client Disclosure) Amendment Rules 2022. It is in relation to an init...

AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Bermudian-based Research Insurance Company Limited. The outlook assigned to these credit ratings is stable. RICL is a capti...

Strategic Risk Solutions, the world’s largest independent insurance company manager, has announced that Paul Gatutha has joined SRS Bermuda as a director in its Hamilton office. The company said Mr Gatutha will be a key member of the Bermuda leadersh...

SiriusPoint Ltd, the global specialty re/insurer based in Bermuda, was among the participants in a $2.4 million seed extension funding round by LuckyTruck, the tech-enabled retail insurance agent focused exclusively on trucking. Led by Candid Insuran...

Compre, the Bermudian-headquartered international legacy group, has agreed to acquire the Irish subsidiary of Covéa, Medical Insurance Company DAC, which provided general liability insurance covering professional medical malpractice risks before ente...

Arch Capital Group Ltd has estimated pretax net catastrophe losses of $530 million to $560 million across the property casualty insurance and reinsurance segments in the 2022 third quarter. The Bermudian-based re/insurer said its quarterly results wi...

Chubb has named Bill Hazelton as executive vice-president, head of North America Industry Practices. In this newly created role, Mr Hazelton will lead the company's efforts to enhance delivery of comprehensive industry-focused insurance coverages, ri...