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Sun Life has launched a new public website for its 25-year-old Bermuda company, Sun Life International, which was established to deliver offshore life insurance solutions to high net worth markets around the world. Sun Life International is a part of...

A Bermuda-registered company will file restated consolidated financial statements as of, and for the year ended, December 31, 2020, together with amended quarterly financial results for 2020 and 2021. The move comes after a market statement issued by...

Axis Capital Holdings Limited has announced a third quarter net loss estimate for catastrophes and other weather-related events of approximately $250 million, pre-tax, or $219 million, after-tax. The Bermuda-based re/insurer said the pre-tax net loss...

The volume of retail sales was 5.9 per cent higher in June than in June 2020, after adjusting for the retail sales rate of inflation, measured at 1.9 per cent in the month. The uptick was attributed mostly to increased spending on-island by resident...

Bermuda-based Mosaic Insurance has opened an office in New York, its first US-based physical address for a growing number of employees. The Midtown South office at 65W 36th Street, which will accommodate members of the global specialty insurer’s cybe...

KPMG in Bermuda has promoted four employees to directorships, while expanding its advisory practice with four new appointments. The professional services firm said that the appointments have been made because business needs are constantly changing wi...

Ignite Bermuda has expanded its team with the appointment of Bermudian Selica Blackwood as the organisation’s new communications and administrations officer. The entrepreneurial accelerator, which said that it received 79 applications for the post fr...

Everest Re Group Ltd has estimated total pre-tax net catastrophe losses of $635 million for the third quarter. The announcement was made by the Bermuda-based global re/insurer today, in advance of its full quarterly earnings to be released on October...

HSCM Bermuda has increased its investment in Tensorflight, an artificial intelligence and imaging-based insurtech. The investment was part of a Series A funding round by Tensorflight, which it said is aimed at accelerating market penetration and prod...

Bermuda’s regulators “get it” when it comes to understanding the future of digital technologies and specifically fintech opportunities. This was the view of Appleby partner Jerome Wilson during the opening day of the virtual Bermuda Tech Summit, host...