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Since early last summer, the US Federal Reserve has been talking about tapering. In order to support the economy during the pandemic, America’s central bank has been keeping longer-term interest rates artificially low by purchasing US Treasury bonds...

The RG/BSX Index slumped 26.82 points (1.05 per cent) to 2,529.58 as 1,198 ($43,128.00) Bank of Butterfield shares traded, with the stock closing down 50 cents to $36 on the Bermuda Stock Exchange. The Bank of Butterfield finished down 25 cents (0.69...

Former Bermuda-based insurance executive Rob Bredahl has taken up the role of chief executive officer at TigerRisk Partners LLC, the risk, capital and strategic adviser to the global insurance and reinsurance industries with an office on the island. ...

Specialty underwriter Liam Jones has joined Bermuda-based Mosaic Insurance to focus on the start-up’s global product innovation and insurtech strategy. Based in London, Mr Jones is SVP, head of business development, reporting to Mosaic co-founder and...

Industry veteran Richard Paris-Smith is to become European client service leader at Strategic Risk Solutions, the independent insurance company managers with an operation in Bermuda. Mr Paris-Smith, who has more than 30 years’ experience in the insur...

Bermuda-based Argo Group International Holdings Ltd has agreed the sale of its Brazilian operations. The underwriter of specialty insurance said that it has agreed to sell Argo Seguros Brasil SA to Spice Private Equity Ltd, an investment company focu...

Bermuda’s international insurance and reinsurance industry this week hosts the leadership of American regulators, the National Association of Insurance Commissioners, who will participate in a live webinar discussion of international reinsurance and ...

Bermuda’s new internet is wireless-delivered, high speed and has a faster and easier deployment using equipment that may eventually allow for higher than 10 gigabytes per second, providing a wide range of options for business. After three years, the ...

PwC, the network of professional services firms in 155 countries, has announced a new strategy and commitment to invest in digital, diversity and ESG with a $12-billion investment over the next five years. It will create more than 100,000 new jobs g...

A Bermuda-domiciled start-up life insurer which plans to provide protection and savings products to high net worth individuals has won a strong Preliminary Credit Assessment (PCA) from a global rating agency. AM Best has assigned Triangle Life Insura...