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Industry veteran Patrick Bousfield has joined the Bermuda office of Lockton Re as a senior broker. Lockton Re is the global reinsurance business of the world’s largest privately held independent insurance broker. Jonathan Davies, CEO of Lockton Re Be...

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a+ (Excellent) of Lancashire Insurance Company Limited (Hamilton, Bermuda) and Lancashire Insurance Company (UK) Limited — collectively ref...

The world’s first fully automated land drilling rig has completed its first well, according to Nabors Industries Ltd, the company with its principal executive office in Hamilton. The global oil and gas drilling contractor said that its PACE-R801 rig ...

Helen of Troy, the global consumer products company with principal executive offices in Hamilton, is raising its fiscal-year outlook based on better-than-expected second-quarter results and positive trends in the beauty and housewares businesses, tog...

Ben Rego, sales and rental associate at Rego Sotheby’s International Realty, has been promoted to sales agent manager, entering the management side of Bermuda’s oldest full-service real estate company. He will oversee residential sales agent recruit...

Bermuda is leading the way in the formation of new digital assets with the most progressive legislative framework for initial coin offering and digital assets, a leading tech lawyer has said. Law partner Jerome Wilson, the head of technology and inno...

HSCM Ventures is the lead investor in a $4.5-million seed round by Insurate, the data science-based underwriter. Insurate said that it provides fair and transparent workers' compensation solutions to high-hazard small/mid-market companies. HSCM Ventu...

A wholly owned subsidiary of the Bermuda-based insurer Enstar Group Limited has closed a previously announced agreement with Royal & Sun Alliance Insurance Limited, a wholly owned subsidiary of Toronto-based Intact Financial Corporation. The company ...

After 12 years in the Bermuda office of Axis Insurance, industry executive Jim Parker is on the move. Mr Parker, a senior underwriter, has relocated to the London office of the specialty insurance business segment of Axis Capital Holdings Limited. Hi...

Two lawyers have been promoted to the role of senior associate and two aspiring lawyers have been awarded pupillages at the law firm Marshall Diel & Myers Limited. Alma Dismont and Tina Herrero have earned promotion, and Tanisha Butler and Roshanda S...