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A lawsuit pitting the former Prime Minister of Georgia against banking giant Credit Suisse’s Bermuda life insurance company and which has lasted five weeks is scheduled to finish today. In its final hours yesterday, proceedings were dominated by a ro...

The Argus Group has announced the appointment of Aderonke Bademosi Wilson as the chief communications officer. Ms Wilson has been the director of the Government’s communications department. The company said that in leaving government, she will be re...

Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” (Excellent) of Bermudian-based Canopius Reinsurance Limited and Canopius US Insurance Inc of Delaware. Both entities a...

Three important achievements in 2021 helped to mark the 30th year of the Bermuda branch of the Institute of Directors, the organisation said today. The island’s leading resource for professionalism and excellence in boardrooms across all sectors of t...

The Bermuda International Long-Term Insurers and Reinsurers organisation has gifted 750 copies of a book to all P4 students in 27 schools across the island. The gift is part of the tenth-anniversary celebration for Biltir, which represents 63 long-te...

As Mosaic Insurance nears the end of its first full year of business, the company is launching an online brand-awareness campaign featuring co-CEOs Mitch Blaser and Mark Wheeler. The campaign highlights a growing team of talent and six specialty busi...

Lucia Perchard has been appointed to the newly-created role of head of family office market at Apex Group Ltd, the Bermudian-based global financial services provider. Ms Perchard, who will be based in Jersey, will report to Matt Claxton, global head ...

The RG/BSX Index closed unchanged at 2,541.07 after light trading on the Bermuda Stock Exchange. The only active stock on the domestic board was Argus Insurance, with 3,547 shares changing hands, with the stock price remaining at $6. The Bank of Butt...

Global Cloud Xchange, the Bermudian-based submarine cable network owner/operator, has reported cash ebitda of $51 million for the six-month period ending September 30. The network service provider, which powers global connectivity for new media provi...

Bermudian-domiciled Monument Re Group, the reinsurer and asset consolidator, has through its subsidiary Monument Assurance Belgium completed the closing of the acquisition of the entire insurance portfolio and personnel of Integrale SA, the Belgian l...