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Bermudian-based specialty re/insurer Argo Group has announced that its results for the second quarter of 2019 will be adversely affected by several loss items in the London, Europe, and Bermuda operations. The company is set to release second quarte...

Bermudian-based digital asset trading company XBTO International Ltd (Bermuda) has become the third firm to be granted a licence under the island’s Digital Asset Business Act. XBTOI, a licensee of XBTO Group, is a digital asset provider offering best...

Shares of Argus Group Holdings gained 6.7 per cent in Bermuda Stock Exchange trading. The insurer gained 20 cents to close on $3.20 as 5,000 shares changed hands. Financial-services holding company Somers Ltd remained unchanged on $15 as 500 shares t...

BF&M Ltd has announced the appointment of Lily Chen as group chief financial officer. Before joining BF&M, Ms Chen served as divisional chief financial officer and chief administrative officer of Berkshire Hathaway Group, reinsurance division. In th...

A move to new offices by Estera Bermuda demonstrates the organisation’s long-term commitment to the island, the company said. Estera, a global provider of funds, corporate and trust services with operations in 11 jurisdictions, has moved into new dig...

Philip Hagen and Joshua Reid have been selected as the recipients of the 2019 EY Gil Tucker Bermuda Scholarship. Both Mr Hagen and Mr Reid are interning with EY’s Assurance teams this summer. The EY scholarship is valued at up to $30,000 per year for...

Lancashire Holdings Ltd’s net operating profit declined to $42.9 million in the first half of 2019, down more than $35 million year-on-year. The Bermudian-based re/insurer’s profit after tax for the same period was $39.1 million, down from $75.8 mill...

The MarketPlace has announced that Shane Burrows, Akim Johnston and Keneilla Morrison are the recipients of the organisation’s education award. The MarketPlace Education Award is an annual programme providing financial support and guaranteed employme...

Shares of One Communications Ltd jumped to a new 52-week high in Bermuda Stock Exchange trading. The telecommunications group gained 25 cents, or 6.7 per cent, to close on $4 as 100 shares changed hands. Insurer BF&M remained unchanged on $17.05 as 1...

Technology incubator ConnecTech is to offer a two-day mobile app development boot camp on Monday and Tuesday next week. The course, which runs each day from 9am until 4pm, will be led by software development expert Jayper Sanchez, who works with Conn...