Log In

Peter Durhager has agreed to become chairman of Bermudian-based Somers Ltd, the financial services investment holding company that has a 100 per cent shareholding in Bermuda Commercial Bank Ltd. Mr Durhager is to succeed Warren McLeland, who has serv...

Butterfield has been shortlisted for six Citywealth International Financial Centre Awards, which celebrate excellence in international private wealth advisory and management. Butterfield Trust received 2021 Trust Company of the Year shortlist nominat...

A&M Bulk Store is to offer its customers a second 10 per cent discount day. The Devil’s Hole, Smith’s outlet said that the discount will be offered for cash purchases on Tuesdays and Thursdays. The new policy becomes effective next week. The store’s ...

Yosha DeLong has joined Bermudian-based start-up Mosaic Insurance Holdings Ltd as senior vice-president and head of cyber underwriting. The appointment was first reported on the Business Insurance website. Ms DeLong, who was formerly Zurich North Ame...

Bermudian-based reinsurer Group Ark Insurance Ltd has been assigned a financial strength rating of A (Excellent) by AM Best, the global credit rating agency. GAIL was also assigned a long-term issuer credit rating of “a”. AM Best said the outlook ass...

No shares traded on the Bermuda Stock Exchange as The Royal Gazette/BSX Index closed unchanged on 1,987.77. Butterfield Bank’s US-listed shares fell 26 cents, or 0.83 per cent, to close on $31.05 on the New York Stock Exchange on below-average volume...

Axa XL has donated more than $1 million to non-profit organisations in Bermuda dealing with the impact of the Covid-19 pandemic. Funds distributed this year by the international insurer include $50,000 towards the purchase of ventilators and other re...

Arch Capital Group Ltd has promoted Nicolas Papadopoulo to the position of president and chief underwriting officer, effective January 1, 2021. Mr Papadopoulo joined Arch in 2001 and currently serves as chairman and chief executive officer of Arch W...

International law firm Kennedys is calling for applications from Bermudian law students for two-year solicitor training contracts at its London office. Partner Mark Chudleigh said a place is being offered for entry next September, and another spot is...

Bermuda Security Group has been named as an authorised international service provider by Alarm.com, the American technology company. BSG, which said it has been home to the island’s first 24-hour “central station” that has evolved to become a fully r...