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A veteran of the Bermuda insurance market has been named chief financial officer at Florida-based FG Financial Group Inc. Hassan Baqar is to succeed John Hill, one of the founders of the company, in the CFO position. The company said Mr Baqar joins F...

An insurance start-up in Bermuda has marked six months of sustained growth and corporate milestones, including the opening of three offices, establishment of four strategic regional distribution hubs, hiring of talent, and underwriting across six pro...

Bermuda-based SFL Corporation Ltd has agreed to acquire two 14,000 TEU (Twenty-foot equivalent) container vessels in combination with charters to a leading container line. SFL said: “The vessels are modern eco-design built in 2013 and 2014 with appro...

Bermuda-based Fidelis Insurance Holdings Ltd has appointed Charles Mathias to the newly created position of group director of underwriting. The company said Mr Mathias will be responsible for ensuring that Fidelis’ underwriting data, systems, process...

A unit of Bermuda-based Enstar Group Limited has completed a transaction with ProSight Global Inc to provide reinsurance relating to 2019 and prior year business. Enstar said the reinsurance comprises a ground up loss portfolio transfer of ProSight’s...

Economic and financial difficulties may have ended the dream for the owners of a North Shore nightclub for a mature clientele. A Supreme Court judge has refused to halt a writ of possession for 81 North Shore Road, Devonshire, in relation to the 2018...

American telecoms company ATN International Inc has increased its equity ownership in One Communications, its Bermuda and Cayman-based subsidiary company. The Beverly, Massachusetts-based ATN said it now owns approximately 78 per cent of the outstand...

Bermuda-based Athene Holding Ltd has closed a record $4.9 billion pension risk transfer transaction with global security and aerospace company Lockheed Martin. Athene, a financial services company specialising in retirement solutions, said under the ...

Top realtors have been recognised at a Coldwell Banker Bermuda Realty breakfast at the Fairmont Hamilton Princess and Beach Club for performance over the 2020-2021 year. Senior appraiser/property manager, Rob Newton, who has been with the company for...

The Royal Gazette / BSX Index closed unchanged from 2,544.29 although 114 shares of Argus traded for a total turnover of $616.20. Bank of Butterfield slipped down 45 cents (1.35 per cent) to close at $32.84, after 45,379 shares traded on the New York...