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Insured losses in China caused by Typhoon Lekima will be higher than $850 million (six billion yuan), according to estimates by risk-modelling solutions company AIR Worldwide. The typhoon had a peak sustained wind of 112 miles per hour, the equivalen...

Sadia Wilson has received the Sir Harry D Butterfield Undergraduate Scholarship from Butterfield Bank. Ms Wilson, 19, of Devonshire, is enrolled at the University of Bristol in England, where she is pursuing a Bachelor of Science in cellular molecula...

Shares of Argus Group Holdings Ltd were up 15 cents, or 4.7 per cent, at $3.35 after 3,502 traded on The Royal Gazette/BSX Index. There was also trading in 9,700 shares of Somers Ltd, but with no change to the closing price of 9,700. In New York, sha...

Everest Insurance has appointed two new members to its excess casualty team. Rey Haliti has joined as a director in the excess casualty group. He has previously spent more than five years at Chubb as an assistant vice-president, excess casualty. He...

Shares of Argus Group Holdings Ltd improved 20 cents, or 6.7 per cent, to $3.20 after 200 changed hands on The Royal Gazette/BSX Index. There was also trading in 1,000 shares of Somers Limited, 2,000 shares of One Communications Ltd, and 100 shares o...

Chip Gillis, one of the founders and chief executive officer of Bermudian-based Athene Life Re Ltd, is to give the closing keynote address at the seventh annual ILS Bermuda Convergence 2019 conference. Presented by ILS Bermuda, the conference takes p...

Bermudian-based holding company Maiden Holdings Ltd has reported a second-quarter loss of $15.4 million, compared to a loss of $5.9 million for the same time period a year ago. The company’s non-GAAP operating loss was $22 million, compared to $18.5 ...

As part of the celebrations to mark its 50th anniversary, the Bermuda Monetary Authority has expanded its community outreach this year to boost five on-island charities through its “Days of Giving” programme. One of those charities is Family Centre. ...

Almost $140,000 worth of shares changed hands on The Royal Gazette/BSX, but there was no change to the closing price of the four active stocks. A total of 6,500 shares of LOM Financial Ltd, 2,600 shares of BF&M Ltd, 2,100 of Butterfield Bank, and 1,2...

Conor Hay is the recipient of law firm Conyers’ 2019 legal scholarship award. Presented annually to a Bermudian enrolled in a law degree programme, the award is valued at $30,000 per year for a maximum of three years, the firm said. Mr Hay will be at...