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Bermudian-based Hamilton Insurance Group Ltd has announced the launch of a new team of underwriters at recently-acquired Pembroke Managing Agency Ltd as well as the development of a new cyber product. Pembroke’s four-person cyber team is led by divi...

Bermudian-based Fidelis Insurance has taken an equity stake in Perigon Product Recall Ltd, a new managing general agency, and will be providing underwriting capacity. Perigon’s focus will be product recall and product contamination coverage for fo...

American International Group’s shares gained on Friday and yesterday after the insurer reported net income of $648 million for the third quarter. The result was a positive swing from a net loss of $1.3 billion in the corresponding period last year. H...

Kroll Bond Rating Agency will host an Environmental, Social and Governance Breakfast on November 8 at the Hamilton Princess & Beach Club. Pat Welch, KBRA’s chief credit officer, will open the event with a conversation on the ESG factors relevant to i...

A new session on life reinsurance has been added to Thursday’s PwC Insurance Summit to discuss the key factors driving growth in the sector. The panel, “A New Chapter in the Life Reinsurance Market”, will feature industry leaders Marc-André Giguère, ...

Sompo International Holdings Ltd has named Harriet Harty executive vice-president and chief human resources officer for the company’s commercial property and casualty operations. Ms Harty will have oversight of all human capital strategies globally ...

There was trading in 2,716 shares of Butterfield Bank on The Royal Gazette/BSX Index, but with no change to the closing price of $33. Meanwhile, in New York, the bank’s shares were up 59 cents, or 1.76 per cent, at $34.05. The Royal Gazette/BSX Index...

Bermudian lawyer Brian Holdipp has been promoted to the position of counsel at law firm MJM Ltd. Mr Holdipp works in the corporate and finance department at the firm, which he joined seven years ago. Jeremy Leese, MJM director and head of the corpor...

Bermudian Leslie Rans has been appointed chief executive officer of Digicel Bermuda and BTC. Ms Rans succeeds Paul Stafford in the top job following her two-year tenure as CEO of Bermuda Aviation Services. The company said Mr Stafford is moving to an...

Shares of Butterfield Bank gained 2.45 per cent in New York Stock Exchange trading. The bank gained 80 cents to close on $33.46. Butterfield last traded on the Bermuda Stock Exchange at $33. The BSX was closed yesterday for the public holiday to cele...