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The RG/BSX Index rose 9.54 points (0.37 per cent) to finish at 2,604.63 after 2,400 Argus Group Holdings Ltd shares ($14,860) traded. The stock ended 40 cents (6.7 per cent) higher. The Bank of Butterfield ended 23 cents (0.60 per cent) higher at $38...

Holly Horn is taking over from Russell B Brewer II as chief surveillance officer of Bermudian-based Assured Guaranty Ltd, Mr Brewer has become senior adviser to chief executive officer Dominic Frederico. At the same time, Jorge Gana was named deputy...

BMS Re, the independent specialist reinsurance broker with an operation in Bermuda, has appointed Juan Carlos Gomez as executive vice-president of BMS Re Latin America & Caribbean, effective immediately. Mr Gomez, who will be based in London, will re...

Chris Heinicke has been appointed head of casualty in Bermuda by Willis Towers Watson, the global advisory, broking and solutions company. He will report to head of the Bermuda office Kirsten Beasley. Mr Heinicke joins Willis Towers Watson from Aon B...

Specialist underwriter Tom Dilley has joined Mosaic Insurance, the Bermudian-based global specialty insurer, to lead the company’s global financial institutions division. Mr Dilley, who will be based in London, has been appointed SVP, head of financi...

American Overseas Group Limited, the Bermudian-based insurance holding company, has reported a consolidated net loss available to common shareholders of $1.8 million for the three months ended September 30, 2021. This compares with consolidated net i...

Monument Re’s Irish subsidiary, Monument Life Insurance DAC, has completed the acquisition of a closed-block portfolio of variable annuities from Athora Ireland plc, a wholly owned subsidiary of Athora Holding Ltd. The portfolio has been in run-off s...

The reinsurance market is now projecting, through public reporting, that the total ultimate Covid-19 loss estimate will be about $48.2 billion, but allocated to the 2020 reporting year. A significant amount of this total — $18.9 billion (39 per cent)...

Offshore drilling services leader Valaris Limited, the Bermuda exempted company, has been awarded new bareboat charter agreements with ARO Drilling for several jackups. ARO Drilling has signed contracts with Aramco for the same periods as the barebo...

Sydney Neal ACA is encouraging young Bermudians to follow her into accounting. She has just qualified herself, but she is already well-versed with the wide range of opportunities open to her. She has heard an earful of it from her family. Sydney grad...