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Sompo International Holdings Ltd has appointed insurance industry veteran Sarah Spurling to lead its Professional Lines business unit in Bermuda. The Bermudian-based speciality provider of property and casualty insurance and reinsurance said Ms Spurl...

LOM Financial Limited have declared net earnings of more than $8 million for the six months ending June 30, on gross revenues of nearly $15 million. It is a substantial improvement over the same period last year when the company made just over a mill...

Bermuda-based re/insurers estimate they will incur gross claim losses of $2.7 billion as payments to United States policyholders/cedants to cover the damaging effects of Winter Storm Uri, which wreaked havoc in the southern region of the US, particul...

Bermudian-based RenaissanceRe Holdings Ltd has reported net income available to common shareholders of $456.8 million in the second quarter of 2021. The company reported this was down from $575.8 million in the same period in 2020. While the company’...

Software for organisations to transition their Accounts Payable workflow from a largely paper-based process to a digital one, has proven fit for purpose – and is now being rolled out to the local market. Bermudian software development company, Supato...

A Bermudian-registered company has launched its blockchain-based employee goal-management and compensation app to what it said is an initial user base of more than 150,000 US employees from numerous partner companies. blockWRK’s launch has been accel...

The private client and trust practice of the Bermuda office of international law firm, Conyers, has maintained its Band 1 ranking in the Chambers and Partners’ High Net Worth Guide for 2021. The firm said the Chambers guide serves as a directory for ...

Digicel Bermuda’s business solutions unit has launched a cybersecurity practice. Kevin Beckett, head of business at Digicel Bermuda, said Digicel Business Protect is a new stand-alone unit that is a partnership between Digicel Business Solutions, For...

Borr Drilling Ltd, the Bermuda oilfield services company, has received a letter of award from an international oil company for additional jack-up drilling rig work in Mexico. The company said the programme is expected to commence in the second quarte...

Bermuda’s Financial Policy Council will today discuss the shift toward a globally consistent tax on corporate profits - and how that may impact Bermuda. The FPC’s 17th meeting will be held via teleconference. Consistent with its mandate to provide a...