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Bermudian-based White Mountains Insurance Group Ltd has acquired a minority equity stake in Elementum Advisers, an ILS manager with more than $4 billion of assets under management. Since its launch in December 2009, Elementum, which has an office in ...

Aziza Furbert has joined the staff of full-service communications agency Cosmic as an account manager. The firm said Mrs Furbert’s hiring has allowed Cosmic to expand its marketing services, as she specialises in marketing strategy, copywriting, and ...

Shares of Ascendant Group Ltd surged 20 per cent amid heavy trading on the Bermuda Stock Exchange. The company, which owns power utility Belco and which is considering bids from prospective buyers, rocketed $3.70 to close at its 52-week high of $22 ...

Applications are being accepted for the Bermuda Economic Development Corporation’s second annual summer student entrepreneurship programme. The programme, open to students between the ages of 16 and 25, is designed to develop the island’s next wave o...

Canadian Consul General Phyllis Yaffe and fintech entrepreneur Lucia Gallardo will be keynote guest speakers at a one-day, multi-industry forum in Toronto next month showcasing Bermuda’s business links and mutually beneficial relationship with Canada...

Executive search and recruitment firm Elevate Executive Selection Bermuda Ltd has appointed Shaun Penny to its team. He has 15 years of experience in agency and corporate recruitment, with a background in finance, banking, IT and healthcare. Mr Penny...

The BFIS 2019 Bermuda Intro-to-Insurance Internships kicked off last week when a group of four Bermuda students and two students from the Katie School of Insurance and Risk Management at Illinois State University began an intensive three-week interns...

Shares of Ascendant Group, the parent company of Belco, improved 24 cents, or 1.3 per cent, to $18.30 after 5,000 traded on The Royal Gazette/BSX Index. Meanwhile, on the New York Stock Exchange, shares of Butterfield Bank were down 99 cents, or 2.8 ...

Jeremy Cox, Bermuda Monetary Authority executive chairman, will receive a Fred Reiss Lifetime Achievement Award at next month’s Bermuda Captive Conference. Mr Cox joined the BMA in 2002 after working as the Bermuda Government’s Registrar of Companies...

Shares of Argus Group improved by 15 cents, or 5.2 per cent, to $3.05 after 100 traded on The Royal Gazette/BSX Index. There was a $2.43 fall, or 11.9 per cent decline, for BF&M Ltd shares after 2,888 were exchanged. The stock closed at $18.06. Also ...