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Newly released figures from PartnerRe show that the company lost more than $1.1 billion in the first half of the year. According to the latest report, the net loss was driven by unrealised losses on fixed maturities of $591 million and $1,413 million...

Shane McDonnell is the new head of business at Digicel Bermuda, overseeing day-to-day operations, managing an expanding team of account managers and making strategic decisions related to sales and solutions. Regional chief executive officer Stephen M...

Steven White, a Bermuda commercial litigation, insolvency and trusts disputes lawyer, has joined Walkers (Bermuda) Limited as a partner in the insolvency and dispute resolution practice, to spearhead the firm’s trusts disputes team. A former commerci...

The Employee Assistance Programme of Bermuda has been reaccredited by the Bermuda National Standards Committee. EAP executive director Latisha Lister-Burgess said EAP Bermuda is the only accredited employee assistance provider in Bermuda and has been...

Chris Weber has commenced his role as senior vice-president and chief financial officer at Valaris Limited, the Bermudian-based offshore drilling services company. Mr Weber, who was appointed in May, previously served as chief financial officer of Lu...

Kiniksa Pharmaceuticals Ltd, the Bermudian-based biopharmaceutical company with a portfolio of assets designed to modulate immunological pathways across a spectrum of diseases, has reported a net loss of $20 million in the second quarter. That compar...

Seven participants in the fifth annual Summer Student Entrepreneur Programme presented by the Bermuda Economic Development Corporation have introduced their businesses to the community with a meet and greet on the lawn of City Hall in Hamilton. The B...

Mosaic Insurance has launched a podcast series exploring the impact fast-changing risks are having on people, businesses and global economies. The Mosaic Moment series offers informed insights on economic and geopolitical themes affecting the commerc...

Strategic Risk Solutions, the independent insurance company managers with an operation in Bermuda, has acquired Southern Cross, an insurance management services provider based in South Africa. Terry Petyt, the founder and CEO of Southern Cross, joins...

International General Insurance Holdings Ltd has signed a non-binding letter of intent to acquire Energy Insurance Oslo AS, a Norwegian managing general agency. The Bermudian company said the proposed transaction includes the acquisition of 100 per c...