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Insurers and reinsurers holding large books of East European business are being urged to stress-test their portfolios against the threat of Russian and Ukrainian cyber attacks. A new report published by cyber-risk analytics expert CyberCube identifie...

The Government said today that Bermuda’s trade with non-residents resulted in a $164 million surplus for the third quarter of 2021, decreasing $16 million from a year ago. In making this announcement, Jason Hayward, the Minister of Economy and Labour...

Bermuda reinsurer PartnerRe Ltd. has reported fourth-quarter 2021 net income of $362 million, compared with $204 million for the same period for 2020. For the full year, net income was $679 million, compared with income of $206 million for 2020. Par...

MJM Limited pupil, Safia Gardener, has been Called to the Bar before Puisne Judge Larry Mussenden. Thrilled to be one of the newest members, she described it as a privilege. Ms Gardener said: “This pupillage has been a challenging but equally enlight...

The Argus Group has raised nearly $20,000 for local charities, with the help of its customers. The funds raised were used to purchase 10,000 antigen test kits for the island’s 32 non-profit organisations and were distributed throughout February. In ...

Ascot Bermuda has appointed Devin Page as senior vice-president, casualty/specialty. Ascot said the new hire brings significant experience to Ascot, spanning both the insurance and reinsurance marketplace. Mr Page has held various influential positi...

International General Insurance Holdings Ltd. has reported $9.1 million profit for the quarter ended December 31, 2021, compared with $7.6 million for the same period in 2020. Profit for the year was up from $27.2 million in 2020 to $43.6 million for...

Digicel is giving customers across the Caribbean and Central America the ability to call and text from their home country to Ukraine for free from today. The company said the opportunity is a show of solidarity for the people of Ukraine and their lov...

SiriusPoint Ltd, the global specialty re/insurer headquartered in Bermuda, has appointed financial services veteran and venture capitalist Jason Robart to the company’s board as an independent director. Sid Sankaran, chairman and chief executive offi...

Arcadian Risk Capital Ltd, the Bermudian-based managing general agent, has announced gross written premium of more than $225 million for 2021. Launched as part of the “Class of 2020”, the company writes general liability, professional liability and p...