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Arch Capital has estimated catastrophe losses of between $110 million and $130 million for the fourth quarter of last year. The Bermudian insurer and reinsurer said the losses related primarily to Hurricane Michael and wildfires in California. The es...

CryptoScan Bermuda has launched a service offering to help governments and enterprises defend against increasingly sophisticated hackers. It ensures that cybersecurity policies and procedures are up to date and that cryptographic protocols are not vu...

Ascendant Group Ltd shares worth more than $145,000 changed hands on the Bermuda Stock Exchange. The parent company of power utility Belco closed unchanged on $16.75 as 8,682 shares changed hands. The Royal Gazette/BSX Index closed unchanged on 2,047...

MS Amlin has appointed Chris Hayward to the newly created role of chief underwriting officer, Bermuda. Mr Hayward joined MS Amlin in 2015 and led the North American property team in Bermuda. Before joining MS Amlin, he spent 24 years at Willis Re wo...

Bermudian-based Randall & Quilter Investment Holdings has completed deals allowing a self-insurer and a captive to exit workers’ compensation liabilities. The first transaction involves an R&Q carrier Accredited Surety and Casualty Company assuming t...

One Communications Ltd was the one stock to trade on the Bermuda Stock Exchange. The telecommunications group remained unchanged on $3 as 930 shares changed hands. The Royal Gazette/BSX Index closed unchanged on 2,047.87. The BSX Insurance Index gain...

Andrew Dicob has joined Axa XL’s excess casualty insurance team as leader for the US North Eastern Region. Based in New York and reporting to Donnacha Smyth, president, Global Excess Casualty, Mr Dicob will work with brokers and clients throughout t...

Butterfield Bank shares improved by $1, or 3.1 per cent, to $33 after 751 traded on The Royal Gazette/BSX Index. In New York, the bank’s shares were up 46 cents, or 1.4 per cent, at $33.43. On the local exchange there was trading of 4,658 shares of A...

Kroll Bond Rating Agency has affirmed its insurance financial strength rating of AA+ for Assured Guaranty Municipal Corporation, and assigned its subsidiary Assured Guaranty (Europe) a AA+ insurance financial strength rating, both with stable outlook...

Sarah Demerling has joined Walkers Bermuda as a partner in the law firm’s corporate, finance and funds group. Ms Demerling is the third lawyer to join Walkers Bermuda in the past three months. With more than 17 years’ experience in the financial ser...