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Market reaction to news that BF&M may be sold has sent the share price soaring, up $4.95 (27.4 per cent) on the Bermuda Stock Exchange, closing Thursday at $23 after trading of 11,173 shares. The only other movement on the exchange for the day was Ar...

Compre, the international specialist legacy group, has redomiciled to Bermuda under the supervision of the Bermuda Monetary Authority. The move to Bermuda is the culmination of Compre’s diversification strategy to broaden its market focus from Europe...

Paul Brand is the new chief executive officer of the Convex Group. Mr Brand founded the business in 2019 with Stephen Catlin, and has been deputy CEO since then. Stephen Catlin, executive chairman, said he was delighted at the appointment. “When we...

Eva Frazzoni has joined the Association of Bermuda Insurers and Reinsurers as a summer intern. She is one of 57 paid interns at Bermuda’s insurers and reinsurers and will work with Abir’s policy and regulatory affairs team. Ms Frazzoni, 24, is studyi...

Sunny Side Solar is donating 46 solar panels to what may be the island’s largest charity feeding programme – the initiative at Christ Church Warwick. Sunny Side Solar said the gift would substantially reduce the Belco energy demand at the church ...

BMS, the independent insurance and reinsurance broker has made seven industry hires to its rapidly growing casualty division. They will support BMS’s network of international clients as well as fuelling the group’s overall expansion strategy. Andrew ...

A half-century old Bermuda mutual insurance group, established to support the global oil industry, is rebranding. After transitioning many years ago to support not only oil, but wider energy projects, the Oil Group of Companies has now changed the na...

Megan Green has promoted to partner at PwC Bermuda, having joined the firm in 2017 as a director in the asset and wealth management practice. After starting her career in Australia, the Bermudian returned home and focused on the Bermuda-based asset ...

Encore Capital Management has chosen Apex Group, a Bermudian-based global financial services provider, to povide fund administration, investor reporting and tax services. Encore is a vertically integrated real estate developer, operator, and institut...

BMS, a Bermuda-based independent specialist insurance and reinsurance broker, has appointed Ian Gormley as the new United Kingdom chief executive officer. Mr Gormley will report to Nick Cook, chief executive of BMS Group. He will be responsible for t...