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Robert Bredahl has resigned as chief executive officer of Third Point Reinsurance Ltd, the Bermudian-based company has announced. He will be replaced by Dan Malloy, effective on May 10. Mr Malloy will be promoted from his current role as CEO of the c...

HSBC Bermuda has announced changes to its online platform for personal banking customers in Bermuda. In an e-mail sent to customers, the bank said the changes will be made “over the coming weeks”, including a new look and feel, and changes to logon r...

Four people have secured jobs after completing a restaurant server programme designed to help participants gain entry level employment in the hospitality industry. Take Five Ltd presented the training academy in partnership with Government’s Departme...

A total of 1,000 shares of LOM Financial Limited traded on The Royal Gazette/BSX Index, but with no change to the closing price of $2.75. There was also trading in 904 shares of Ascendant Group Limited, the parent company of Belco, but with no chang...

Ascendant Group Ltd said that it had made “progress” with its potential sale of the company as it reported a first-quarter loss of $0.5 million. Core earnings, operational earnings that exclude corporate expenses, were $3.6 million for the first thre...

Two Bermudian-based executives have been elected to the board of the US reinsurance trade association. The Reinsurance Association of America announced that Kathleen Reardon, chief executive officer of Hamilton Re, will be the vice-chairwoman of its ...

A total of 20,000 shares of Argus Group Holdings Ltd changed hands on The Royal Gazette/BSX Index, but there was no change to the closing price of $3.25. Forty shares of BF&M Ltd were also exchanged, but with no impact on the closing price of $14.85....

The Bermuda Chamber of Commerce is to host a lunch-and-learn information session for real estate brokers on the topic of independent anti-money laundering audits. The session will be held in the chamber boardroom tomorrow from 12.30pm to 1.30pm. Pres...

Bermudian-based bond insurer Assured Guaranty played a key role in an bond restructuring agreement that could enable Puerto Rico’s power utility to stabilise its finances. Debt-saddled Prepa struck a deal with a group of creditors that seeks to allow...

Bermudian Michael Murdoch-Smith has been promoted by Allied World Assurance Holdings to vice-president, professional lines and team leader of Allied World’s Bermuda E&O team. He oversees professional liability for large law, accounting, architects &...