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The Argus Group has decked the halls of Teen Haven to ring in the holiday season and give to those adversely affected by the Covid-19 pandemic. The company said a luncheon celebration at Teen Haven included decorations, and gifts for each resident, a...

Fourteen families in need will receive a holiday boost with the help of a $40,000 donation from Deloitte Bermuda. The donation was used to purchase vouchers for electricity, gas and groceries, as well as childrens’ gift hampers for each family. Addit...

Bermudian-based life reinsurer F&G Reinsurance will operate under a new brand, Aspida Re, after the takeover of the company was completed. Ares Management Corporation and its indirect subsidiary Aspida Holdings Ltd today announced the completion of A...

No shares traded on the Bermuda Stock Exchange as The Royal Gazette/BSX Index closed unchanged on 1,885.75. The US-listed shares of Butterfield Bank gained ten cents, or 0.33 per cent, to close on $30.77 on the New York Stock Exchange, as 586,313 sha...

Miami International Holdings has acquired 100 per cent ownership of the Bermuda Stock Exchange. The American company has held a majority stake in the local exchange since November 2019. The BSX will continue its operations as a wholly owned subsidiar...

Hospitality veteran Jan Vanhaelewyn has been appointed general manager of the St Regis Bermuda Resort. The news was first reported by industry website www.hospitalitynet.org. The $150 million first phase of the five-star beachfront property in St Geo...

Deloitte Bermuda has highlighted its charitable and environmental efforts this year with the release of its 2020 Corporate Responsibility and Sustainability Report. A spokeswoman for the audit and advisory firm said 2020 brought “a new set of challe...

Shares of Argus Group fell 6.5 per cent in Bermuda Stock Exchange trading. The insurer’s share price fell by 25 cents to close on $3.62 as 74,300 shares changed hands. Argus was the only stock to trade as The Royal Gazette/BSX Index fell 5.5 points, ...

AM Best has affirmed the financial strength ratings of A of Qatar Insurance Company and its Bermudian subsidiary, Qatar Reinsurance Company Ltd, with a negative outlook. The ratings reflect QIC’s balance sheet strength, which AM Best categorises as ...

Bermudian insurance executive Angus Lynn has joined Axis Insurance as vice-president, professional lines underwriter in its Bermuda office. The company said Mr Lynn will focus on commercial and financial institutions professional lines as well as law...