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Axis Capital Holdings Ltd has reported second quarter net income available to common shareholders of $27 million. That compares to net income available to common shareholders of $228 million for the second quarter of 2021. Gross premiums written incr...

Following a period of rapid growth, global financial services provider Apex Group Ltd. has partnered with software company AlphaCentrix to bring data management solutions to its clients. The Bermuda company said AlphaCentrix software will ensure cons...

Melanie Fullerton has been promoted to senior counsel in the Bermuda regulatory and risk advisory team of Walkers (Bermuda) Limited. A Bermudian Called to the Bar in 2014, she joined Walkers from the Bermuda Monetary Authority, where she worked in th...

A lot of records fell as Chubb reported reduced second-quarter net income of $1.22 billion, down from $2.27 billion from the same period in 2021. Net income in the quarter was adversely impacted by realised losses of $565 million after tax, principal...

Net realised and unrealised losses of a staggering $654 million, primarily in the fixed-maturity investments portfolio, crashed Bermuda reinsurer RenaissanceRe to a startling 2022 Q2 net loss of $324.9 million. The poor investment performance, driven...

Butterfield is offering a free class in money management and financial literacy to college and university students between the age of 18 and 30. The hour-long Butterfield 101 Money Management Programme will be held virtually at 6pm on Thursday, Augus...

Amendments to the Investment Business Act 2003 become effective today. Julie McLean, a director of international law firm Conyers said the Bermuda Monetary Authority has confirmed the effective date of the Investment Business (Amendment) Act 2022, wh...

Allied World Bermuda is concluding a structured eight-week summer internship programme on Friday, July 29 for four talented Bermudians — Eden Robinson (McGill University), Grace Reeves (Queens University), Madison Smith (Acadia University) and Nichol...

The Bank of N.T. Butterfield & Son Limited has reported net income of $49.1 million for the second quarter of the year. That is a 10.6 per cent increase compared with net income of $44.4 million in the first quarter of 2022, and a 24 per cent rise co...

A Hong Kong Chamber of Commerce webinar on Bermuda provided its online delegates with insight into the island’s international business platform. The Hong Kong-based audience of legal and financial sector professionals were told about Bermuda’s unique...