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Butterfield is to cover half the fees for vendors that participate this year in Harbour Nights, the weekly street festival on Front Street. The Bermuda Chamber of Commerce, organisers of Harbour Nights, said the lead sponsor will also support the eve...

Arch Capital Group Ltd, the re/insurer based in Bermuda, has reported net income available to Arch common shareholders of $185.6 million in the first quarter of 2022. That compares with $427.8 million for the 2021 first quarter. After-tax operating i...

Everest Re Group Ltd, the Bermudian-based global re/insurer, has reported net income of $298 million in the first quarter of the year. That compares with net income of $342 million in the first quarter of 2021. Net operating income was $406 million, ...

The Bermuda Economic Development Corporation is accepting applications for its fifth annual Summer Student Entrepreneur Programme. The SSEP provides students between the ages of 16 and 23 with the resources and support to launch, grow and sustain the...

Net loss estimates incurred within Ukraine are in the range of $20 million to $30 million, excluding the impact of reinstatement premiums, Bermudian-based Lancashire Holdings Limited has reported. Lancashire added that loss estimates for Ukraine and ...

Industry expert Elissa Doroff has joined Mosaic Insurance to lead the company’s North American claims handling as it builds out the core division globally. Based in New York, Ms Doroff has been appointed head of claims Americas for Mosaic, and over ...

Christine Snyder has joined Axa XL’s Bermuda insurance excess casualty team as a vice-president, senior underwriter. Ms Snyder’s responsibilities include delivering profitable underwriting service to clients. She will also be developing and managing...

Global insurer and reinsurer SiriusPoint has announced a partnership with commercial insurance technology company Broker Buddha, a platform which simplifies submissions for industry leading brokers and enhances the client experience. Broker Buddha’s ...

Lexington Gold, the Bermudian-based gold exploration and development company with projects in North and South Carolina, has borrowed £335,000 from several of its long-term significant shareholders and company directors. The company said the unsecured...

Bermudian-based energy driller, Nabors Industries Ltd, has reported first quarter 2022 operating revenues of $569 million, an increase of approximately five per cent, compared with operating revenues of $544 million in the fourth quarter of 2021. Th...