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Bermuda-based Arch Capital Group Ltd has appointed Francis Ebong and Eileen Mallesch to the company’s board of directors, effective immediately. The island-based re/insurer said Mr Ebong has an extensive background in technology and innovation and is...

Bermuda-based Flex LNG Ltd has reported net income of $12.7 million and earnings per share of $0.24 for the second quarter of the year, compared to net income of $47.2 million and earnings per share of $0.88 for the first quarter. The liquefied natur...

In the second year of a pandemic that shuttered Bermuda’s longstanding tourism industry, those who depend on tourism for a living, have truly suffered. But one tour-boat operator spent the time restoring a storm-battered charter vessel that was writt...

Axa XL has appointed Cotina Trott as VP, senior underwriter, excess casualty, in Bermuda, after Ms Trott rejoined the firm’s Bermuda insurance excess casualty team. In this role, Ms. Trott’s responsibilities include delivering profitable underwriting...

Tamia Place and Nadir Young have been named as recipients of annual scholarship awards made by professional services firm PwC Bermuda. Ms Place has won the Peter Mitchell Scholarship worth $20,000 annually. Mr Young has received the PwC ABIC Award Sc...

The RG / BSX Index closed up 3.58 (0.14 per cent) at 2,557.26 after 16,000 Argus Group Holdings Ltd. stock traded and 51 Bank of Butterfield shares traded. The turnover combined was valued at $102,661.50. The BSX Insurance Index remained inoperative....

Bacardi Rum is expanding its premium portfolio range with the launch of a limited-edition Bacardi Reserva Ocho Sherry Cask Finish, Bacardi announced Monday, National Rum Day in the United States. The new rare rum offering marks the start of a five-ye...

Bermuda-based Fidelis Insurance Holdings Ltd has appointed Victor Riega as its first head of sustainability. The company said Mr Riega joins Fidelis from Standard Chartered where he was a senior sustainability manager. Previously, Mr Riega worked at ...

Lombard International Life Ltd, part of Lombard International Group, has joined the Bermuda International Long Term Insurers and Reinsurers group. The industry body said Lombard International Life Ltd becomes the 62nd company to join Biltir, which re...

Efforts to combat a global tax plan that threatens Bermuda’s interests received help with a key expert publicly explaining how proposed measures would also be contrary to the interests of American homeowners, particularly in coastal states like Flori...