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Sarah Carr has joined Bowring Marsh as financial and professional liability placement leader in Bermuda, the firm announced. Bowring Marsh is the international placement specialist of insurance broker and risk adviser Marsh. Ms Carr will report to Ch...

Hudson Structured Capital Management Ltd has led a $50 million capital raise for Gracie Point Holdings, LLC, a global provider of life insurance premium finance. Hudson carries out its re/insurance business on the island as HSCM Bermuda. The infusion...

An organisation looking to delete gender discrimination in high-tech industries is booting up in Bermuda. Earlier this month, Coral Wells of ConnecTech launched a chapter of Girls in Tech, an organisation focused on the empowerment, entrepreneurship...

Bermudians Jasmine DeSilva and Anastasia Slater have joined the Bermuda Business Development Agency, the organisation has announced. Mrs DeSilva has been appointed business development manager, responsible for driving initiatives in the insurance ind...

Shares of Butterfield Bank plunged 4.9 per cent in Bermuda Stock Exchange trading. The bank fell $1.75 to close on $34 on the trading of 1,624 shares. Butterfield’s US-listed shares also fell, dipping 85 cents, or 2.44 per cent, to close on $34.01. D...

Jane Pearce has been appointed group head of trust at Butterfield Bank, the organisation revealed today in a filing with the Bermuda Stock Exchange. Ms Pearce replaces Bob Moore, who is retiring after more than 22 years with the company. Her appointm...

The Royal Gazette/BSX Index dropped almost 2½ per cent after four stocks fell. Somers Limited was down $3, or 20 per cent, at $12 after 500 shares traded, while Argus Group Holdings Ltd, dropped 43 cents, or 14.3 per cent, to $2.57 after 63,100 share...

A donation of $15,000 has been made by Clarien Bank to Meals on Wheels. The money was raised through Clarien’s 13th Holiday GiveBack Campaign, which in the past ten years has raised more than $100,000 for the charity, Michael DeCouto, Clarien’s chief...

R&Q has acquired the Montana-based captive insurer, Vigneron Insurance Company, from a wholly owned private investment holding company with diverse holdings in a variety of industries, real estate, marketable securities and other investments. Vigner...

Everest Insurance has joined with digital insurance brokerage Embroker to provide a new online lawyers’ professional liability programme for law firms with up to ten employed attorneys. Everest said the new policy offers several value added coverage ...