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Argus Group Holdings Limited has reported full-year net income of $10.1 million, down $4.1 million from the previous year. Its total comprehensive income for the year, which includes unrealised gains, was $30.7 million, compared with $3.6 million a y...

Hiscox has reached a settlement with an action group whose members suffered business interruption losses as a result of Covid-19 pandemic lockdowns in Britain between March and July last year. The terms of the settlement between Bermudian-headquarter...

A French mutual insurance group that almost bought PartnerRe, is interested in acquiring Axa XL Reinsurance, according to reports. The deal could be worth about $5 billion. Early last year Covéa, a French non-life mutual, has been on the verge of buy...

Some of the biggest insurers and reinsurers are spearheading an insurance industry drive to tackle climate change, which is being done in partnership with the Prince of Wales. The Sustainable Markets Initiative Insurance Task Force was launched at Ll...

Tributes have been paid to Chris Schuler, managing director of the BAC Group of Companies, who has died at 60. He spent more than 30 years with the company, having joined Bermuda Air Conditioning in 1987, and became managing director of BAC Group in ...

Bermuda has a right to decide what is the appropriate tax system for the island and to make its own adjustments. Any changes to its tax system, which has been in place for 200 years, should be as a result of its own determinations rather than as a re...

There were no trades on The Royal Gazette/BSX Index, which closed unchanged at 2,561.47. On the New York Stock Exchange, shares of Butterfield Bank were down 15 cents, or 0.41 per cent, at $36.45.

A proposed shake-up of the global tax system has the potential to create big insurance industry issues. How that might happen, and the impact it could have on captives and large reinsurance companies in Bermuda, was discussed at the Bermuda Captive C...

Bermuda’s economy and community have benefited from the remarkable growth and advocacy of an insurance industry organisation that today celebrates its tenth anniversary. And the best is yet to come, according to leading figures of the Bermuda Interna...

Optimism about business and economic opportunities for Bermuda, and its ability to navigate any reforms to the global tax system, have been expressed by David Burt, the Premier. He gave opening comments at the Bermuda Captive Conference, which is bei...