Log In

Gross written premiums were up by 92 per cent for the first three months of the year in the programme management business of Randall & Quilter Investment Holdings Ltd, the Bermudian-based non-life global specialty insurance company. R&Q, which also f...

Bermudian-based Charles Craigs has been promoted to group head of reinsurance at Canopius Group, the global specialty re/insurer with an operation on the island. The move comes as the Jersey-domiciled group makes senior appointments and reorganises i...

AM Best has affirmed the financial strength ratings of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of Bermudian-based BNY Trade Insurance Ltd and The Hamilton Insurance Corp, based in Melville, New York. Both are single-...

Ten directors have been re-elected by shareholders’ vote at the Annual General Meeting of The Bank of N.T. Butterfield & Son Limited. Re-elected at the meeting, which was held virtually, were Michael Collins, Alastair Barbour, Sonia Baxendale, James ...

Clarien Bank has become the second island-based financial institution to increase its Bermuda dollar base lending rate by 50 basis points, or 0.50 per cent, following the US Federal Reserve rate increase earlier this month. Butterfield Bank was the f...

The Bermudian online payment solutions provider, First Atlantic Commerce, has announced an alliance with the FinTech Association of Trinidad & Tobago, a not-for-profit organisation that provides open membership to fintech start-ups and tech companies...

Three new members have been appointed to the executive management committee at Valaris Limited, the Bermudian-based offshore drilling company. Chris Weber will join Valaris as senior vice-president and chief financial officer, Matt Lyne will come abo...

The insurance division of Bermudian-based Everest Re Group Ltd has expanded into Latin America after receiving regulatory approval to operate in Chile. Everest Insurance will do so under the name Everest Compañía de Seguros Generales Chile S.A. Senio...

The refusal by shareholders to sanction the sale of Bermudian-based Randall & Quilter Investment Holdings Ltd has had a negative impact on the ratings assigned to the company and three of its subsidiaries by AM Best. The ratings agency has revised th...

Apex Group Ltd, the global financial services provider established in Bermuda in 2003, has acknowledged its massive expansion since the close of recently announced acquisitions. The business has grown to $2.75 trillion in assets serviced across admin...