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Michael Doak will be leaving Bermudian-based RenaissanceRe Holdings Ltd to launch Griffin Highline Capital, a new private investment firm focused on the insurance industry. Mr Doak is a senior vice-president and portfolio manager for RenRe’s strategi...

PartnerRe has appointed Nicholas Hughes to the newly created role of head of retrocession, and made two hires to further expand its retrocession team. Mr Hughes, who joined the company in 2008, was head of global catastrophe, which included responsib...

Butterfield Bank’s temporary banking centre at Rosebank will cease operations at the close of business on Friday. Starting from Monday, a dedicated teller will be established in the bank’s Reid Street banking centre to assist senior clients and those...

There were no trades on The Royal Gazette/BSX Index, which remained unchanged at 1,738.55. The BSX Insurance Index was down 18.78 points, or 1.4 per cent, at 1,326.49. On the New York Stock Exchange, shares of Butterfield Bank were down 66 cents, or ...

Bermudians Ashley Fubler and Izabella Arnold have joined the pupillage programme of Walkers Bermuda. The law firm announced that both young women will undertake training in the firm’s Corporate, Finance, Funds and Insurance practice group for six mon...

Life reinsurer Athene Holding Ltd is donating 200 laptops to the Bermuda public school system for the 2020-2021 school year. The donation aligns with Athene’s commitment to education-based initiatives in its communities as part of its broader corpora...

Two-hundred shares of Somers Limited traded on The Royal Gazette/BSX Index. The shares improved $1, or 7.7 per cent, to close at $14. On the New York Stock Exchange, shares of Butterfield Bank were up 75 cents, or 3.43 per cent, at $22.61. The Royal ...

American Financial Group Inc has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, which comprise the legal entities that own its Lloyd’s of London insurer, Neon, to RiverStone Holdings Limited. When the transaction is ...

Retail sales volume in May was down 15 per cent year-on-year. The drop largely reflected the impact of Covid-19 safety restrictions that month, which included curfew hours and kerbside pick up sales for some businesses. In value terms, retail sales f...

One Communications Ltd has adjourned the Annual General Meeting of its shareholders which was due to be held today. The company has been notified that the delivery of the notice convening the meeting, together with ancillary materials, was adversely...