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The Mid Ocean Club has again achieved gold level accreditation standard and has been nominated for three awards by Investors in People. IIP is a global organisation that advises and conducts assessments of employers using its unique framework, focusi...

Axis Capital Holdings Limited expects to report a small operating income for the third quarter of 2022. The Bermudian-based global specialty re/insurer said its results are impacted by a pre-tax net loss estimate for catastrophes and other weather-re...

Climate change will have widespread societal consequences, a leading reinsurance executive has said. Kevin O’Donnell, president and chief executive officer of Bermudian-based global re/insurer Renaissance Re, was speaking after the company held its 1...

Palomar Holdings Inc, the parent company of island-based Palomar Specialty Reinsurance Company Bermuda Ltd, has announced estimated pre-tax catastrophe losses of $12.5 million, net of reinsurance, for the third quarter of 2022. The company said this ...

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...