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Curtis Dickinson, the Minister of Finance, joined business leaders in a panel discussion looking ahead to next year. The 2018 year-end Briefing: The Outlook for Bermuda in 2019, was hosted by the Institute of Directors Bermuda and professional servic...

Bermudian-based Sompo International Holdings Ltd has set up a team in the US to focus on cyber insurance. Their offerings will include an enhanced cyber and professional liability product and an expanded suite of cyber-risk management services. Jeff ...

A Bermudian lawyer has been appointed head of litigation and dispute resolution at an island law firm. Allan Doughty has taken over the role at BeesMont Law Ltd. Mr Doughty said: “I intend to lead the expansion of our practice in human rights, privac...

Butterfield Bank shares rose 4.4 per cent in Bermuda Stock Exchange trading. The bank’s shares gained $1.50 to close on $35.50 as 800 shares changed hands. Butterfield was the only stock to trade on the BSX. In New York, Butterfield’s US-listed shar...

Axa XL, the property and casualty, and specialty risk division of Axa Sa has had its financial strength rating and long-term issuer credit rating of its core insurance and reinsurance companies upgraded by AM Best and Standard & Poor’s. AM Best has u...

Anup Seth has been named as global leader, underwriting solutions for Aon’s captive and insurance management names. In a statement, Aon in response to the continued convergence of the commercial reinsurance and insurance linked securities markets, it...

Butterfield Bank shares fell by $1.15, or 3.3 per cent, to $34 on The Royal Gazette/BSX Index after 1,330 traded. On the New York Stock Exchange, the bank’s shares were down 32 cents, or 0.91 per cent, at $34.78 On the local exchange, a total of 1,74...

Almost 100 staff at Deloitte Bermuda spent a working day away from the office helping projects in the community. They did so as part of Impact Day, the company’s annual celebration of its commitment to community involvement on the island. This was th...

Nordic American Offshore Ltd has been awarded a one-year fixed contract for its platform supply vessel NAO Power. The company has a fleet of ten platform supply ships. NAO Power will commence its new contract early this month, and will be working in ...

ASW Law Ltd hosted a “lunch-and-learn” seminar for Bermudian students studying in Britain. The event took place last week at the Bermuda Government’s London office. Students joined the Bermudian law firm’s team for a presentation and open discussion,...