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Hiscox has named Bob Thaker as its new UK chief executive officer, effective March 2019, subject to regulatory approval. The Bermudian-based insurer and reinsurer said Mr Thaker had worked at Hiscox since 2010 and held a number of senior roles during...

Shares of West Hamilton Holdings Ltd took a tumble on the Bermuda Stock Exchange. The property developer and manager fell 31 cents, or 7.6 per cent, to close on $3.75 as 2,500 shares changed hands. The only other stock to trade was Ascendant Group Lt...

Enstar Group Ltd is partnering with German insurance giant Allianz and investment manager Hillhouse to launch a new Bermuda re/insurer. Enstar, a Bermudian-based company which specialises in acquiring and managing companies and portfolios in run-off,...

ACT OneCloud has taken on its fortieth customer in Bermuda, only three years after setting up. The company states it is the island’s largest provider of on-island cloud services. It also has a presence in Cayman Islands, Canada, the US and UK. On wel...

A former executive at Kmart Corporation and Sears Holdings Corporation is joining the board of Bermudian-based container company Triton International Ltd. Karen Austin was previously the chief information officer of PG&E Corporation for seven years u...

Axa XL has donated more than $7,000 to seven Bermuda charities. The funds were raised through an internal sale of old branded merchandise. Employees who participated were asked to select a charity of their choice to receive the funds. The charities...

Shares of Butterfield Bank fell by $2, or 5.6 per cent, to $33.50 after 1,100 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange the bank’s shares were down 39 cents, or 1.14 per cent, at $33.90. The Royal Gazette/BSX Index down 89...

MJM Ltd has announced that senior associates Jennifer Haworth and Jeremy Leese will be promoted to directors from January 1, 2019, joining the law firm’s management team. From the New Year, MJM’s directors at board level will consist of Mr Leese ...

A second 3 Little Bermudians colouring book has been published by McGinger Design Lab. This special edition book follows the characters McGinger, Doggie and Lobsterboy as they take part in various Christmas festivities in Bermuda. The book is suitabl...

Ed, the London-based reinsurance, wholesale and specialty broker, plans to open an office in Bermuda. The operation, which is pending approval from the Bermuda Monetary Authority, will be built and led by Chris Bonard, chief executive officer of grou...