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The Bermuda Government is to offer two free training and education opportunities in the area of emerging technology. Amilcar Chavarria, chief executive officer of The FinTech School, will be on-island to lead the free, two-day seminar “Fundamentals o...

Investors and executives attended Bermuda’s first multi-industry forum in Canada, part of a delegation’s visit to Toronto this week that included meetings with corporate and civic leaders highlighting bilateral business opportunities. Among the meeti...

Hamilton Re has sponsored its first catastrophe bond to provide $60 million of collateralised reinsurance coverage. The issuance of the series 2019-1 principal at-risk variable rate notes issued by Cerulean Re SAC Ltd, acting in respect of the segreg...

Bermudian-based fintech outfit Velocity Ledger Ltd Holdings has chosen HLC Cyber Group as the provider of both security technology and information security services for their two wholly-owned subsidiaries, VL Financial, Ltd and Velocity Ledger Techno...

Shares of Butterfield Bank were down 26 cents, or 0.71 per cent, at $36.22 on the New York Stock Exchange. It was a quiet day on The Royal Gazette/BSX Index, with no trades. The index was unchanged at 2,238.52 points, while the BSX Insurance Index wa...

Shares of Butterfield Bank gained 0.7 per cent in Bermuda Stock Exchange trading. The bank, the only stock to trade on the BSX, added 25 cents to close on $36.25 as 2,500 shares changed hands. Butterfield’s US-listed shares climbed 12 cents, or 0.33 ...

American International Group has formed AIG Re to consolidate the company’s global reinsurance operations. The new global business will be led by chief executive officer Christopher Schaper, who will be based in Bermuda, AIG said. The businesses to b...

The Duke of Edinburgh Bermuda organisation has been chosen as beneficiary of the annual gala fundraising event to be held by the 100 Women in Finance networking group of professionals working in the finance industry. The 100WF group will host the Ber...

Bermudian-based Essent Group has expanded its collateralised mortgage reinsurance protection with a $333.84 million insurance-linked securities issuance. The company’s subsidiary, Essent Guaranty, made the issuance through its Bermudian special purpo...

Ken Randall has stepped down as group chief executive officer of Bermudian-based Randall & Quilter Investment Holdings. The London Stock Exchange-listed non-life legacy insurance investor said Mr Randall would continue to work with the company in the...