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PartnerRe Ltd. has reported net income available to common shareholder of $314 million for the second quarter, compared to income of $229 million for the same period of 2020. Net income available to common shareholders was $248 million for the half ...

The RG/BSX Index closed unchanged at 2,511.61 in the absence of any trading on the Bermuda Stock Exchange. The BSX Insurance Index closed at 1770.90 from the latest change of 27.81 (1.60 per cent). The Bank of N.T. Butterfield & Son Limited closed up...

Carey Olsen Bermuda Limited has been ranked in Band 1 for its trusts and private wealth practice in the latest edition of the Chambers and Partners High Net Worth guide. Carey Olsen said it is the only Bermuda law firm to have a Band 1 ranking as a f...

Bermudian-based offshore drilling company Seadrill Limited has entered into agreements that it says contemplates a plan of reorganisation that will raise $350 million in new financing and reduce the company's liabilities by more than $4.9 billion. Th...

Registration is now open for the third annual Bermuda Tech Summit, which will take place virtually October 13-15, the Bermuda Business Development Agency has announced. Centred on the theme “Transforming the Digital Landscape,” the BDA said the free ...

Jon Steffen has joined Bermudian-based Aspida Life Re Ltd as president. Aspida Re, a subsidiary of Aspida Holdings Ltd, was launched last December following the acquisition of F & G Reinsurance Ltd by Aspida, which is backed by alternative investment...

Sompo International Holdings Ltd has appointed insurance industry veteran Sarah Spurling to lead its Professional Lines business unit in Bermuda. The Bermudian-based speciality provider of property and casualty insurance and reinsurance said Ms Spurl...

After 25 years in business, the Bermuda Golf Academy, Driving Range and Mini Golf in Southampton will close in the first week of September, according to operator Richard Farge. He said a 20-year lease had previously expired but the tenancy was tempor...

Criminals exploited the cover of Covid-19 to use the “dark web” to commit fraud against local businesses, a top detective with the Bermuda Police Service has revealed. Detective Superintendent Nicholas Pedro said fraud-related numbers during the lock...

LOM Financial Limited have declared net earnings of more than $8 million for the six months ending June 30, on gross revenues of nearly $15 million. It is a substantial improvement over the same period last year when the company made just over a mill...