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Industry veteran David Harris has joined Bermudian-based Everest Re Group Ltd as senior vice-president, chief reserving actuary, succeeding Ellen Edmonds. He will report to Everest Group chief operating officer and head of reinsurance Jim Williamson,...

Just 14 per cent of Bermuda reinsurers and Insurance Linked Securities funds surveyed have a developed approach to ESG — environment, social and governance — risks, according to a new study. And the report commissioned by the Bermuda Business Develo...

The head of the US National Wildlife Federation has encouraged insurance professionals to invest in ways to not just predict climate risk, but actually reduce it. Speaking at the Bermuda inaugural Bermuda Climate Summit 2022, presented by The Bermuda...

Bermudian-based life reinsurer and retirement services company Athene Holding Ltd and its subsidiaries have received credit ratings upgrades from Fitch Ratings. Fitch upgraded the Insurer Financial Strength ratings of Athene Annuity & Life Assurance...

Butterfield Bank shares closed down 20 cents to $29.52 today in moderate trading on the New York Stock Exchange. A total of 91,958 shares were traded. The Bermuda Stock Exchange Index was unchanged for a third day at 2,218 as no shares traded.

CrossTower, the crypto currency exchange and non-fungible token marketplace with an office in Bermuda, is to host NFT drops by BowieWorld, the metaverse created in 1999 by legendary singer and former Bermuda resident David Bowie and Worlds Inc. Massa...

Senior banker Stuart Kirk, suspended by employers HSBC for his comments about climate risk, has been pulled from the panel line-up at the inaugural Bermuda Climate Summit. Mr Kirk, global head of responsible investments and global head of research an...

Butterfield Bank shares closed up 56 cents at $29.72 yesterday in moderate trading on the New York Stock Exchange after rising to $30.37 earlier in the day. A total of 148,174 shares were traded. The Bermuda Stock Exchange Index was unchanged at 2,...

Sompo International Holdings Ltd, the specialty property and casualty re/insurer based in Bermuda, almost doubled its adjusted profit for the fiscal year ended March 31, moving from $248.5 million in the prior year to $483 million. The performance of...

Apex Group Ltd is to provide its single-source solution on a pro-bono basis to a UK-based investment fund of funds, which will use it proceeds to fund children’s and education non-profits around the world. Apex said Greater Share was an innovative p...