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The insurance-linked securities market is seeing “convergence of convergence”, according to Willis Towers Watson. The reinsurance broker and risk adviser said in its ILS Market Update that the market had reached $93 billion of outstanding non-life ca...

KPMG in Bermuda has announced that three of its young Bermudian accountants have earned CPA designations. Danielle Richards and Chelsy Furtado earned designations as Chartered Professional Accountants, and Brianna Buchanan has earned a Certified Prof...

Michael White, BF&M Ltd’s chief financial officer, has resigned, the company announced tonight. The insurer and pension manager made the announcement in a regulatory filing with the Bermuda Stock Exchange. Mr White’s resignation will be effective fro...

Shares of Ascendant Group improved 50 cents, or 2.9 per cent, to $17.50 after 770 traded on The Royal Gazette/BSX Index. There was also trading in 4,096 shares of One Communications and 270 shares of BF&M Ltd, but with no change to their closing pric...

A lead figure in a fintech company that was the first to be approved to launch an initial coin offering in Bermuda under the island’s new regulatory regime, has a history of court judgments and tax liens against him in the US. A new report by the Of...

Tracey Spevack has joined law firm Conyers Dill & Pearman as head of Conyers Corporate Services (Bermuda). Mrs Spevack will be responsible for providing leadership, direction and management and overseeing the day-to-day operations of the business. ...

A Bermudian-based firm is preparing to launch an underwriting, pricing and portfolio management web application designed to help reinsurance and ILS businesses “speed up the pricing of even the most complex deals”. Treefrog Consulting has joined with...

Shares of Butterfield Bank were up $1, or 2.9 per cent, at $35.50, after 785 were traded on The Royal Gazette/BSX Index. In New York, the bank’s shares were up 53 cents, or 1.48 per cent, at $36.24. On the local exchange, shares of Ascendant Group Li...

Allied World Assurance Company Holdings has announced four leadership appointments in its Bermuda office. Mike McCrimmon, president, North America property and Bermuda branch manager, will be appointed vice-chairman of Allied World. In this new role,...

Yolanda Furbert has become one of only 62 people in the world to hold a prestigious professional distinction. The founder and principal consultant of To Have and To Hold Wedding and Event Planning, has earned the Association of Bridal Consultants’ hi...