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Bermuda-based Avance Gas Holding Ltd has entered into three time charter agreements. The company, which is engaged in the transportation of liquefied petroleum gas, said the agreements are for a period of two years at an average hire level of approxi...

The RG/BSX Index closed at 2,553.59, down 3.92 (0.15 per cent) after one advancer and one decline. Bermuda Stock Exchange share volume of 61,400 ($677,275) included 43,300 Argus Group Holdings Ltd. shares changing hands and Argus shares closing down...

Diamond coins issued in an offering regulated by the Bermuda Monetary Authority have increased in value dramatically since their $25 million IPO in March. About 5,000 Diamond Standard Coins were sold in the IPO for $5,000 each. The coins are now valu...

Financial services firms will get a competitive lead from legal changes, MPs have been told. The changes tabled by Curtis Dickinson, the finance minister, amended 2019 legislation to clarify that an incorporated segregated account qualified as a comp...

AXA XL has appointed Andy MacFarlane as head of climate, a newly created role with responsibilities for developing a single, global climate strategy, ensuring that the division’s efforts are aligned towards furthering the company’s climate leadership...

Middle-school and high-school students are invited to participate in a technology-focused Reverse Pitch, assisting companies with innovative technology solutions to real-life challenges. Regular pitch competitions have participants’ ideas proposed to...

Threatened and asserted claims by two small investors prompted a buyout transaction offering accelerated return of capital to investors of Markel CATCo Reinsurance Fund Ltd and CATCo Reinsurance Opportunities Fund Ltd. In addition, it has led to the ...

Duncan King and Joe Bonanno have been appointed to lead the underwriting division of Roosevelt Road Re Ltd, a Bermuda-headquartered company providing reinsurance for captives, insurance and reinsurance companies, managing general agencies, risk-reten...

Amwins, the global distributor of specialty insurance products and services, has appointed Mark Bernacki to the newly created position of chief underwriting officer. The company said that Mr Bernacki’s responsibilities will include a continued focus ...

The RG/BSX Index closed unchanged at 2,557.51 on the Bermuda Stock Exchange in the absence of trading. Bank of Butterfield finished up $1.14 (3.41 per cent) higher on the New York Stock Exchange. The BSX Insurance Index was not quoted.