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Arch Capital Group Ltd expects a hit of up to $75 million from catastrophes in its third-quarter results. The Bermudian-based re/insurer said today that the bulk of the losses relate to Hurricane Dorian, which devastated parts of the Bahamas las mont...

Catalina Holdings (Bermuda) Ltd announced today that it has committed £5 million ($6.1 million) in funding to accelerate research into mesothelioma. The Bermudian company, which specialises in acquiring and managing insurance businesses in run-off, i...

Steve Hales has been appointed CEO of Bermuda-domiciled reinsurer Resolution Re, part of the Resolution Life Group. He joined the Resolution Life Group in 2017 as executive director of Europe, and before that he was group head of connected insurance ...

A new scholarship programme partnership between Athene Holding Ltd, Athene Life Re and Bermuda College is the largest of its kind at the Paget institution. The Athene Scholarship will be awarded to 1ten students each academic year and will pay for t...

Three Bermuda-based legal experts will speak on a panel discussion about economic substance rules at the Tradewinds International Shipping Forum at the Fairmont Southampton hotel today. Appleby Bermuda partner Jerome Wilson, Brian Holdipp, a senior a...

A strong balance sheet, consistent net gains, and a diversified product portfolio and geographic operations have won BF&M Ltd an approving nod from rating agency AM Best. The Bermudian-based insurer’s catastrophe reinsurance protection and approach t...

Carey Olsen has been named Offshore Firm of the Year at the Chambers High Net Worth Awards. The awards were presented at a ceremony in London on Saturday. They celebrate legal excellence in the world of private wealth and are recognised as among the...

Customers selling excess electricity generated from their renewable energy systems to the Bermuda Electric Light Company, will be paid at a higher rate from today. The 30.4 per cent increase means customers will now receive 22.65 cents per kilowatt h...

No shares were traded on the Bermuda Stock Exchange, leaving The Royal Gazette/BSX Index unchanged on 2,078.5. The BSX Insurance Index fell 18.38 points, or 1.04 per cent to close on 1,756.25. Butterfield Bank’s US-listed shares gained 48 cents, or 1...

Member companies of the Association of Bermuda Insurers and Reinsurers saw their headcount rise in Bermuda last year in a workforce that was nearly three-quarters local. Abir said in a statement tonight that 24 members made a direct economic substanc...