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The hardening market in the reinsurance sector is the best in decades, a leading insurance executive has said. Conduit Re executive chairman Neil Eckert made the comment as his company released its third quarter trading statement. Mr Eckert said: "As...

Bermuda’s electronic communications sector has not recovered from the impact of the Covid-19 pandemic, the Regulatory Authority of Bermuda has declared in its annual market analysis. In 2021, the RA reported, all relevant metrics lagged behind those ...

White Mountains Insurance Group Ltd, the financial services holding company domiciled in Bermuda, has reported comprehensive income attributable to common shareholders of $890 million and $748 million in the third quarter and first nine months of 202...

Cactus Ltd, the Bermudian-based company behind Marmalade, the deal pricing and data capture system, has won the International Innovation of the Year award at the Bermuda Tech Awards. The company's founder, James Robinson, was present to collect the a...

The first hearing of an action brought by dissident shareholders in relation to the merger of Apollo Global Management with Athene Holdings Ltd has concluded with the terms of an order relating to the scope of the obligation by the defendants to prod...

Customers of HSBC Bermuda must close their safe (or safety) deposit boxes for good by the end of March, the organisation has confirmed. A spokeswoman for HSBC said: “Periodically, HSBC Group review their products and services to ensure that they are ...

The current make-up of the board of directors at Argo Group International Holdings Ltd is “vastly superior” to the candidates put forward by activist investors Capital Returns Management LLC, the company has claimed. And in a letter to shareholders, ...

The Bank of N.T. Butterfield & Son Limited’s net income rose 44 per cent to $57.4 million for the third quarter of the year as it benefited from interest rate rises. That compares to net income of $49.1 million for the previous quarter and $39.8 mill...

Bermuda is the best place for multinationals to operate based on cost and speed of operation, a new report reveals. The island ranked ahead of second-placed Luxembourg and third-ranked Germany based on data compiled by entity portfolio management org...

Bermuda’s pioneering place at the intersection of insurance and digital assets has been likened to the legendary coffee house where Lloyd’s of London was founded in the late 17th century. Dan Roberts is the CEO of Bermudian-based Nayms, the world’s f...