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Constantine “Dinos” Iordanou is to step down as Arch Capital Group’s chairman in September and will be succeeded by vice-chairman John Pasquesi. Mr Iordanou is a well-known veteran of the Bermuda insurance industry, having led the Bermudian insurer a...

Ascendant Group Ltd was the only stock to trade on the Bermuda Stock Exchange. The parent company of power utility Belco closed unchanged on $20 as 8,000 of its shares changed hands. The company has been reviewing strategic options including a potent...

Bermudian reinsurer RenaissanceRe Holdings Ltd has completed its acquisition of Tokio Millennium Re. The $1.5 billion cash-and-shares deal was first announced last October and the completion follows the receipt of all necessary regulatory approvals....

John Wight, chief executive officer of BF&M Ltd, is to become the insurer’s chairman as well. Mr Wight will take on the new dual role when Gavin Arton retires as BF&M’s chairman at the company’s next annual general meeting on May 15, 2019. Mr Wight ...

Bermuda’s ties with a Canadian governance organisation were strengthened this week with a workshop at Fairmont Southampton hotel. Governance Professionals of Canada hosted the workshop for their members, as well as Bermudian-based governance and comp...

A race to the start line in the offshore cryptocurrency exchange market is heating up. Bermuda’s fintech ambitions are well established, but now a company behind a planned cryptocurrency exchange based in the Cayman Islands says it will soon launch. ...

Two stocks traded on the Bermuda Stock Exchange as The Royal Gazette/BSX Index held steady at 2,329.16. Ascendant Group Ltd was the most actively traded stock, with 1,800 shares changing hands as the parent company of power utility Belco remained unc...

No shares were traded on The Royal Gazette/BSX Index, which remained unchanged at 2,329.16 points. On the New York Stock Exchange, shares of Butterfield Bank were down 48 cents, or 1.26 per cent, at $37.54. The BSX Insurance Index was down 14.5 point...

An expert who helps companies and governments understand the implications of geopolitics will be the keynote speaker at the annual general meeting luncheon of the Bermuda Chamber of Commerce on April 17. Andrew Mantilia, global geopolitics lead for p...

Appleby Bermuda partner Gary Harris will speak at the Bermuda Business Development Agency’s Bermuda Executive Forum in New York on Thursday. The forum will feature experts from a variety of industry sectors, including insurance, reinsurance, asset ma...