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SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, has more than doubled its previously disclosed estimated third quarter losses arising from the European floods in July. Severe flooding occurred in Germany’s North Rhine-Westphal...

Axis Insurance, the specialty insurance business segment of Bermuda-based Axis Capital Holdings Limited, has made three appointments within its US Renewables team, effective immediately. The company said Becky Nace-Grover joins Axis as a senior under...

The holding company for a Bermuda-based reinsurer has entered the fronting sector of the United States insurance market. California-based Palomar Holdings, Inc, an AM Best rated “A-IX” specialty insurer, said its fronting business, known as PLMR-FRON...

Ciera Garrafa has wanted to run her own business since middle school. She finally got her chance last October, when the store she worked for, Treats of Bermuda in the Washington Mall in Hamilton, went up for sale. “I thought okay, this is the univer...

An organisation devoted to the grow biointensive method of sustainable farming is to hold three workshops this fall to teach people how to grow food in their garden. The AgraLiving Institute is led by founder Chris Faria, a graduate of the Ignite Ber...

The fresh outbreak of Covid cases has moved Butterfield Bank to reduce banking hours as of Monday. Until further notice, Butterfield banking centres will be open from 9am to 2pm on weekdays and their corporate offices will be by appointment only. A s...

A Bermuda-based investment manager has called on finance automation software provider Phinsys in order to streamline its financial reporting. Pillar Capital Management Ltd is an island-based collateralised reinsurance and catastrophe insurance-linked...

The RG/BSX Index closed unchanged at 2,567.5 in the absence of trading on the Bermuda Stock Exchange. The BSX Insurance Index remained unquoted. The Bank of Butterfield finished down 48 cents (1.46 per cent) at $32.37 on the New York Stock Exchange....

Bermuda-based Emergence Limited has added Sage Intacct cloud enterprise resource planning software to its portfolio. Emergence said its new partnership with Sage Intacct, the American cloud-based business management solutions provider, will allow it ...

Peter Zaffino, has been appointed chairman of the board of directors of American International Group. The AIG president and chief executive officer, will assume the additional role on January 1, after current executive chairman, Brian Duperreault, re...