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Bermudian-based Apex Group Ltd has entered the German market with the acquisition of fund administrator mola-administration GmbH. The global financial services provider, which was set up on the island in 2003, said the strategic acquisition establish...

The RG/BSX Index closed unchanged at 2,559.66 in the absence of trading on the Bermuda Stock Exchange. The BSX Insurance Index was up 27.81 (1.6 per cent) to close at 1770.90 The Bank of Butterfield closed on the New York Stock Exchange up 22 cents (...

Four Bermudian students have been selected for a summer internship programme at Ascot Group, the island-based re/insurer. Christina Costello, Saladin Beattie, Jude Snelling and Calvina Steede have joined the company’s inaugural internship initiative....

A Bermudian-domiciled non-profit mutual organisation has promoted Justin Gardner to the role of chief executive officer. Signal Mutual, a provider of longshore benefits in the US, said Mr Gardner recently served as executive vice president and chief...

A business segment of Sompo International Holdings Ltd has set up a new team in Singapore to serve select industries in the Asian markets through appointed brokers. The Bermudian-headquartered specialty provider of property and casualty insurance and...

Athene Holding Ltd has led a minority investment in Challenger Ltd, an Australian investment management firm. The Bermudian-based financial services company said that, along with its strategic partner, Apollo Global Management, it has agreed to acqui...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a 16-well contract with Woodside offshore Australia for the semi-submersible, Valaris DPS-1. The company said the contract is expected to commence late in the first ...

There were no trades executed on the Bermuda Stock Exchange as the RG/BSX remained at 2,559.66. The BSX Insurance Index closed at 1770.90, an increase of 27.81 or 1.6 per cent. Butterfield Bank stock rose $1.12 or 3.23 per cent on the New York Stock ...

SiriusPoint Ltd, an international speciality insurer and reinsurer, has launched Banyan Risk Ltd, a managing general agent underwriting directors’ and officers’ insurance. The company has been established by founder and chief executive officer Tim Us...

The Bermuda Stock Exchange remained idle as the RG/BSX index was steady at 2,559.66. The BSX Insurance Index was up 27.81 (1.6 per cent). The Bank of Butterfield fell 85 cents (2.39 per cent) on the New York Stock Exchange to close at $34.65.