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Life reinsurer Athene Holding Ltd has named the six recipients of its 2020 scholarship. The Athene Scholarship, which can be awarded to up to ten students each academic year, covers the full costs of each student’s associate degree programme and req...

The impact of Covid-19 and new opportunities for captives will be among topics of discussion at the Bermuda Captive Conference 2020 next week. The three-day conference begins on Wednesday, and is Bermuda’s largest and longest-running industry event. ...

Catastrophe modeller RMS has estimated onshore insurance industry losses related to Hurricane Laura will range between $9 billion and $13 billion — suggesting that Bermudian reinsurers will face substantial claims. The estimate is markedly higher th...

Shares of Somers Limited improved by $1, or 7.4 per cent, to $14.50 after 1,200 traded on The Royal Gazette/BSX Index. Also improving was Butterfield Bank, which rose seven cents, or 0.3 per cent, to $25.17 after 4,217 shares changed hands. In New Yo...

International remote workers approved to live in Bermuda for a year under a government programme will be able to open a bank account with Butterfield before they an address on the island. Butterfield said the “expedited customer onboarding” for Work ...

CFA Society Bermuda, in partnership with Bermuda College, is to offer a four-session series on building financial literacy. The course, which was first offered last year and which comes under the College’s Professional and Career Education division, ...

The Royal Gazette/BSX Index closed unchanged at 1,837.7, as no shares traded on the domestic board. Among international companies with BSX listings, 11,583 shares of HSBC Holdings changed hands with a value of $48,069.45, as the bank closed on $4.15....

Bermuda International Long Term Insurers and Reinsurers is to stage its annual conference virtually for the first time as a result of the Covid-19 pandemic. The representative body for the island’s long-term insurers said today that the annual Inter...

Cruise ship operator NCL Corporation Ltd has listed another $1.2 billion of debt on the Bermuda Stock Exchange. This is in addition to $1.94 billion of debt listings it made on August 13. The company, which operates Norwegian Cruise Line, is a subsid...

DARAG, a leading legacy acquirer, yesterday announced the conclusion of a novation agreement with a leading Cayman reinsurer to provide finality for its US liability books, with the transaction value in excess of $40 million. The transaction has bee...