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Applications are invited for the Bermuda Economic Development Corporation’s fourth annual Summer Student Entrepreneur Programme. The eight-week programme, running from July 12 until September 3, will provide 10 successful applicants between the ages ...

Bermudian-based drinks giant Bacardi Ltd has donated $100,000 to Give India to help the country in its fight against Covid-19. The company said the funding is earmarked to provide immediate assistance to local relief agencies working to mitigate the ...

Bermudian-based Mosaic Insurance has added two industry veterans to its London underwriting team with the appointments of Anna Jay and Christopher Webb. Ms Jay joins the new global specialty insurer as SVP, head of professional liability, after 18 ye...

Insurance industry veteran Dennis Mahoney is to transition to the role of non-executive chairman of AkinovA (Bermuda) Ltd, the independent electronic marketplace for the transfer and trading of re/insurance risk. The move comes just months after Mr M...

Bermudian-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $8.5 million, or 26 cents per diluted share, for the first quarter. This compares to net income and adjusted earnings of $6...

James River Group Holdings Ltd, the Bermudian-based insurance holding company, has reported a net loss of $103.5 million, or $3.37 per diluted share, in the first quarter. That compares with a net loss of $36.8 million, or $3.54 per share, for the sa...

Laurie Shane has been appointed group head of Outwards Reinsurance at Bermudian-based re/insurer Aspen Insurance Holdings Ltd. The company said Ms Shane begins her role on June 1. She will report to Brian Tobben, chief executive officer of Aspen Cap...

Lawyer Steven Rees Davies is to join the corporate practice of Carey Olsen Bermuda as a partner. Mr Rees Davies joins Carey Olsen after 13 years in the Bermuda office of Appleby, where he is currently the joint global head of technology and innovatio...

Corant Global has appointed veteran insurance executive Paul Scope as chairman of its Bermuda operations. The company said Mr Scope joins with immediate effect, and will work alongside Chris Bonard, chief executive officer of Corant Bermuda and Ed Br...

Three independent directors have been elected to the board of Bermudian-based holding company Assured Guaranty Ltd. The company said Michelle McCloskey and Courtney Shea will each serve on the board’s audit and environmental and social responsibility...