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The Annual General Meeting of a Bermuda insurer has been hit by the latest developments of the global pandemic. In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited provided an update on their 2021 AGM scheduled for this week. T...

Apex Group Ltd., a global financial services provider, has launched a Carbon Footprint Assessment & Reporting service to meet growing market demand. The new offering helps funds and companies to measure the sources of emissions, implement plans to r...

Bermuda-based Convex Group Limited has received authorisation for its newly established Luxembourg-based European insurance entity, Convex Europe SA. The commercial re/insurer said it has worked closely with the Luxembourg regulator, the Commissariat...

Bermuda-based Sompo International Holdings Ltd has reached agreement to purchase a leading company in the Italian agriculture insurance market. Sompo International said the transaction to acquire ARA 1857 S.p.A.- Assicurazioni Rischi Agricoli VMG 185...

The RG/BSX Index closed unchanged at 2,559.88, in the absence of trading. The BSX Insurance Index remained unquoted. The Bank of Butterfield finished on the New York Stock Exchange down 67 cents (02.08 per cent) to $31.49. A Bermuda Stock Exchange fi...

Acrisure Re, the insurance broking and corporate risk advisory firm with an operation in Bermuda, has made four appointments within its corporate advisory and solutions division, reporting to managing director, Ben Canagaretna. Nick Godfrey has been ...

The founder, chairman and CEO of Bermuda-based Nordic American Tankers Ltd has purchased 75,000 shares in the company. The oil tanker company said Herbjorn Hansson bought the shares at $2.3273 per share. The Hansson family is one of the largest share...

The Karen Clark & Company flash estimate puts the insured loss from Hurricane Nicholas close to $950 million, after half a million people lost electricity to their homes earlier this month. Based on the high-resolution KCC US Hurricane Reference Mode...

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of XL Bermuda Ltd (AXA XL) (Bermuda) and its subsidiaries. The outlook of these Credit Ratings (ratings) is stable. The rat...

Bermuda-headquartered investment management firm DigitalArray ISAC Ltd has announced the inception of its DigitalArray fund platform. The company said the platform enables select investment firms in the digital asset space to launch new funds quickly...