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Industry veteran Tim Ronda is to join TigerRisk Partners LLC as a senior executive. The risk, capital and strategic adviser to the global insurance and reinsurance industries said that the hire further strengthens TigerRisk’s position as an elite pla...

When Terri Mello started a business selling hand-painted peg dolls this year, she had the perfect name — Star Sprinkles. It was whimsical, imaginative and she had been waiting her whole life to use it. “When I was 3 I really wanted to be called Star...

The US trillion-dollar bipartisan infrastructure plan suffered a setback late last night when the House of Representatives delayed the vote on the crucial piece to US president Joe Biden’s domestic agenda. The fate of the proposals are expected to ha...

Bermuda Class E company Oceanview Reinsurance Ltd announced that Ahwaz Chagani has been appointed vice-president and chief actuary effective from today. Mr Chagani is based in Bermuda and will lead Oceanview Re’s actuarial organisation and aspects o...

Bermudian Michelle Seymour Smith has been appointed to the board of Conduit Holdings Limited as an independent, non-executive director. The company said that Ms Seymour Smith has enjoyed a highly successful career in the Bermudian insurance industry ...

The RG/BSX Index finished down 1.91 points (0.07 per cent) at 2,556.40 in light trading on the Bermuda Stock Exchange. The day saw 600 shares ($3,600) of Argus trade, closing at $6. The Bank of Butterfield fell 16 cents (0.45 per cent) to close at $3...

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Oil Casualty Insurance, Ltd. AM Best also has affirmed the Long-Term Issue Credit Rating of bbb (Good) on the $200 milli...

A UK-based biotechnology company that plans to redomicile to Bermuda has reported a loss of £12.59 million for the six-month period ending June 30. Tiziana Life Sciences plc said that compares with a loss of £3.9 million for the same period a year ag...

Bermuda-based Resolution Re has entered into a record-setting reinsurance agreement with a leading Swiss insurer. Resolution Life Group Holdings LP, the Bermuda-based parent of Resolution Re, said that the agreement with Allianz Suisse Lebensversiche...

Adam McGrath, a senior war and terrorism specialist, has joined Mosaic Insurance, the Bermuda-based global specialty insurer. Based in London, Mr McGrath takes up the new role of SVP, head of international war and terrorism, political violence. He wi...