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Retail sales volume declined slightly in July, dropping by 1.1 per cent compared to last year, the Ministry of Economy and Labour reported today. That figure was arrived at after adjusting for the retail sales rate of inflation, measured at 5.1 per c...

Bermudian-based Enstar Group Limited has reported a third-quarter net loss of $444 million. That compares with a net loss of $196 million for the three months ended September 30, 2021. The company has reported a net loss of $1.2 billion for the first...

SiriusPoint Ltd, the global specialty re/insurer based in Bermuda, is scaling back its property catastrophe reinsurance platform by closing three offices and reducing its footprint in two more. The company said it is closing underwriting offices in H...

Carey Olsen Bermuda Limited's dispute resolution and litigation practice continues to grow with the appointment of senior associate Bradley Houlston, associate Charlotte Donnelly and the secondment of Bermudian associate Jonathan Marion from the firm...

James River Group Holdings Ltd has reported a third-quarter net loss available to common shareholders of $7.2 million (2021 Q3: $23.9 million). Net written premium grew 20.3 per cent due to increased net retention in the E&S segment; E&S renewal pric...

Apex Group Ltd, the Bermudian-based global financial services provider, has closed the previously announced acquisition of Darwin Depositary Services, a Netherlands-based provider of depositary services to alternative investment funds. The close come...

Bermudian-based Talcott Financial Group, an international life insurance group, has completed its previously announced reinsurance transaction between its subsidiary, Talcott Resolution Life Insurance Company, and The Guardian Insurance & Annuity Com...

Aqueelah Simmons has joined Chancery Legal Ltd as an associate in the litigation department. The Bermudian attorney’s main practice areas are civil and criminal litigation, family/matrimonial law and immigration law. Since October 2022, Ms Simmons ha...

Jon Hack has been appointed non-executive chairman to the board of Triangle Life Ltd, succeeding Niall O’Hare, Triangle Life founder and CEO, who has served as chairman since the inception of the organisation in 2020. Triangle Life Ltd is a provide...

Anita Kuchma has been appointed chief executive officer at Hamilton Select, the US excess and surplus lines insurer subsidiary to Hamilton Insurance Group Ltd. Hamilton Select has a Financial Strength Rating of A- (Excellent) from A.M. Best Company,...