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A Bermudian-based re/insurer has played a prominent role in the world’s largest debt-for-nature restructuring project focusing on marine conservation. Sovereign Risk Insurance Limited, a Chubb company, which is based on the island, and Chubb Global M...

WISTA Bermuda, the local chapter of the Women’s International Shipping & Trading Association, has given festive season gift boxes to the seafarers who visit the port of Hamilton. The gift boxes brimming with personal care items and seasonal treats we...

Bermudian-headquartered Nephila Capital is to launch a new ILS investor-backed Lloyd’s specialty syndicate, 2358. The investment manager said the syndicate would allow Nephila investors the opportunity to access the specialty insurance market in addi...

Bermudian-based Athene Holding Ltd, the financial services company focused on retirement savings solutions, has entered into a definitive agreement to acquire Petros PACE Finance, LLC. Petros PACE Finance is a provider of commercial property assessed...

Bermudian-domiciled reinsurer and asset consolidator Monument Re Group and Axa Belgium have agreed the transfer of a run-off life insurance portfolio. The transaction, through Monument Re’s subsidiary Monument Assurance Belgium, involves the transfer...

The Bermuda National Trust is operating a holiday pop-up shop at its headquarters at Waterville in Paget. Held for the fifth year running, the shop on Pomander Road, across from Aberfeldy Nurseries, features a wide range of items made and designed by...

Bermuda’s efforts to prove its reliability in global efforts to counter money laundering and terrorism financing, face another crucial test in the new year. But government revealed today that the island has assumed the chair of the Caribbean Financia...

Bermuda Realty Company Limited and Coldwell Banker Bermuda Realty have acknowledged a number of team members with long service awards. The awards were presented by president and CEO Brian Madeiros. He said: “Today, we give recognition to those loyal...

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) of Argus Insurance Company Limited and Bermuda Life Insurance Company Limited. Both companies are subsidi...

Helen O’Sullivan has been promoted to the position of global treasurer at Axis Capital Holdings Limited. The appointment is effective January 1 subject to regulatory notifications. In this role, the company said, Ms O’Sullivan will be responsible for...