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The Bermuda Monetary Authority has imposed civil penalties totalling $1.7 million on Allianz Life Bermuda Ltd pursuant to sections 20 and 24A of the Proceeds of Crime (Anti-Money Laundering and Anti-Terrorist Financing Supervision and Enforcement) Ac...

Government has seen a thousand applications from those who wish to take advantage of the “Work from Bermuda” initiative in its first year of offer, the finance minister Curtis Dickinson has said. The Minister also signalled the success of another gov...

AXA XL, the P&C and specialty risk division of AXA SA has awarded the 2021AXA XL Scholarship to Bermuda National Debate Team captain and recently graduated Saltus Grammar School Head Prefect, Ywione Darrell. He was selected from a list of more than ...

Offshore law firm Appleby is providing internship opportunities to eight Bermudian students throughout the summer. The firm welcomed students across various departments including, corporate, private client & trusts, dispute resolution and marketing. ...

A division of Bermuda-based Sompo International Holdings Ltd is to offer protection for epidemic and pandemic risk. The specialty provider of property and casualty insurance and reinsurance said that Sompo Global Risk Solutions will offer the new pro...

Member companies of the Association of Bermuda Insurers and Reinsurers are giving 23 young Bermudians a taste of the insurance industry through summer internships. The students are gaining valuable experience with companies including Aeolus, Arch, Ar...

Bermuda-based Golar LNG Limited, an owner of tankers hauling liquefied natural gas, returned seven directors at its annual general meeting on Tuesday. Re-elected as directors were Tor Olav Trøim, Daniel Rabun, Thorleif Egeli, Carl Steen, Niels G. Sto...

Bermuda was awarded best non-Asian captive domicile, at Captive Review’s Asia and Pacific (APAC) Virtual Awards and Summit 2021. Bermuda was recently shortlisted alongside: Guernsey, Hawaii, and Vermont. Roland Andy Burrows, the Bermuda Business Deve...

The RG/BSX Index closed at 2,555.88, up for the day by 8.01 (0.31 per cent) on a volume of 343. The BSX Insurance Index continued to remain offline because of technical issues. The Bank of Butterfield closed up 29 cents (0.85 per cent) on the New Yor...

Bermuda-based Argo Group International Holdings Ltd has made a series of leadership appointments with a focus on simplifying the organisation. Susan Comparato has been named chief administrative officer, Andy Borst appointed interim president of Inte...