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Convex Group’s first catastrophe bond secured $300 million of reinsurance coverage. The insurer and reinsurer, which was founded by industry veteran Stephen Catlin last year, sponsored the transaction through the Bermudian special purpose insurer Hyp...

Aditya Dutt, the outgoing head of RenaissanceRe’s Ventures business, has been appointed president and a partner of Aeolus Capital Management Ltd. Bermudian re/insurer RenRe announced last week that Mr Dutt, a senior vice-president and president of Re...

An alternative capital reinsurance transaction has been completed between Axa XL Reinsurance in Bermuda, and Bluefire Insurance, a Texas-based managing general agency. As a result, Bluefire will assume risk from its personal auto portfolio through a ...

No stocks traded on the Bermuda Stock Exchange, leaving The Royal Gazette/BSX Index unchanged on 1,834.79. The US-listed shares of Butterfield Bank gained $1.33, or 5.84 per cent, to close at $24.09 on the New York Stock Exchange as 147,769 shares ch...

Digicel has appointed the new chief executive of its operations in the Caribbean and Central America region after Jean-Yves Charlier announced he was stepping down from the role of Digicel Group CEO for family reasons. The new man at the helm is Oliv...

Aditya Dutt, the head of RenaissanceRe Holdings Ltd’s Ventures business, is to leave the company to pursue a new opportunity, the Bermudian re/insurer announced today. Kevin O’Donnell, RenRe’s chief executive officer, will assume responsibility for t...

Conyers’ Bermuda private client and trust practice has been recognised in Chambers and Partners’ High Net Worth Guide 2020 with a Band 1 ranking. Conyers said it continues to be the only firm ranked Band 1 in Bermuda for offshore trusts and is descri...

Shares of Ascendant Group Ltd jumped 8.2 per cent in Bermuda Stock Exchange trading. The parent company of power utility Belco gained $2.50 on the trading of 2,000 shares. Ascendant was the only domestic-board issuer to trade, as The Royal Gazette/BS...

Shares of Argus Group Holdings Ltd rose by six cents, or 2.4 per cent, to $2.58 after 58,200 were traded on The Royal Gazette/BSX Index. One Communications Ltd improved 10 cents, or 2.6 per cent, to $3.90 after 37,100 of its shares changed hands, whi...

A free webinar discussing Bermuda’s international business sector through and beyond the Covid-19 pandemic will feature Curtis Dickinson, the finance minister. The Bermuda Business Development Agency, Intelligent Insurer and Bermuda Re+ILS are hostin...