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A subsidiary of Bermudian-based Enstar Group Ltd has completed a loss portfolio transfer with Hiscox Ltd, the global specialty insurer headquartered on the island. The company said Enstar Syndicate 2008 has reinsured a diversified portfolio of legacy...

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a two-well contract extension with Equinor Energy AS offshore Norway. The company said the contract is for Valaris JU-291 (Stavanger), a heavy-duty ultra-harsh envir...

Insurance industry executive Jonathan Reiss believes Bermuda could see material growth in terms of opportunities and jobs in the next two years. And he intends to assist in securing a flow of business to the island in his roles as managing director a...

Bermuda has come a long way in the virtual currency sphere. In 2015, my colleague wrote a Legally Speaking column about virtual currencies in Bermuda, outlining how we were starting to hear about and experience them. The conversation focused more on ...

After more than a year of staying connected virtually, the Bermuda Business Development Agency was back on the road for direct engagements in Miami this week. Meetings were being held with senior representatives from the Florida Chamber of Commerce, ...

Axis Insurance, the specialty insurance business segment of Bermudian-based Axis Capital Holdings Ltd, has promoted Keith Trivitt to the position of head of commercial & strategic partnerships within its International Division. In this newly created ...

There were no trades on The Royal Gazette/BSX Index, which closed unchanged at 2,553.64. On the New York Stock Exchange, shares of Butterfield Bank were down 10 cents, or 0.02 per cent, at $37.92. The BSX Insurance Index improved 27.81 points, or 1.6...

The Bermuda operation of insurance broker Ed has developed a new front-end client portal, and within that has launched a digital wage and hour product in conjunction with Bermudian-based Argo Group. The global reinsurance, wholesale and specialty bro...

Legacy specialist DARAG Group Ltd has appointed Ciaran Russell as senior actuary in DARAG North America, the company’s Bermuda and US arm. The company said Mr Russell, who is based in Bermuda, worked most recently as an actuary at ILS Investment Mana...

Bermudian-headquartered Textainer Group Holdings Ltd elected two directors to its board and bid farewell to one at the annual meeting of shareholders. The company, one of the world’s largest lessors of intermodal freight containers, welcomed James Ea...