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Hamilton Princess and Beach Club’s 1609 Bar & Restaurant reopens tomorrow, following upgrades to the space, including additional covered areas. The restaurant and bar now offers guests protection from the elements throughout the entire space, withou...

Hamilton Re, the re/insurance platform of Bermudian-based holding company Hamilton Insurance Group, has announced that it has secured $65 million of collateralised capacity through the issuance of the Series 2019-1 preference shares from its special ...

Argus Group Holdings shares fell 9.7 per cent in Bermuda Stock Exchange trading. The insurer shed 35 cents to fall to $3.25 as 22,685 shares changed hands. Polaris Holding Company, parent company of Hamilton docks operator Stevedoring Services, fell ...

Shares of Ascendant Group Ltd tumbled 10 per cent yesterday in Bermuda Stock Exchange trading. The parent company of power utility Belco fell $2 to close on $18 as 862 shares were traded. For the week, Ascendant shares lost $4, or 18.2 per cent. The...

Adenike Carmichael has joined law firm MJM Ltd as client relationship manager in the firm’s dispute resolution team. Ms Carmichael, a Bermudian, has extensive experience in the banking and regulatory sectors. Before joining MJM, she worked as a prin...

Women in Reinsurance and the Under-40s in Philanthropy group, will host a panel discussion this month to educate young professionals about the roles they can play in Bermuda’s third sector, including serving on charitable boards. The lunchtime panel ...

Bermudian-based Everest Re Group Ltd has bolstered its Lloyd’s general liability casualty team with the hiring of two former Ironshore Insurance staff. The company said Graeme McGeachie and Pete Graham will join Everest Insurance’s international divi...

Shares of Ascendant Group Ltd fell 9.1 per cent in Bermuda Stock Exchange trading. The parent company of power utility Belco fell $2 to close on $20 as 1,087 shares traded. Ascendant announced this week that it has suspended its share repurchase prog...

A British subsidiary of Bermudian re/insurer Arch Capital has completed the acquisition of UK managing general agency Axiom Underwriting. Arch Insurance (UK) Ltd had initially acquired a 60 per cent share of Axiom in 2015. The terms of the deal for t...

Bermudian-based Sompo International Holdings Ltd has announced the promotion of Christopher Gallagher to the newly created role of chief executive officer of the company’s commercial property and casualty business. Mr Gallagher, who will assume the n...