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The Corporation of Hamilton supports Government plans to revitalise North East Hamilton, but officials in the municipality caution that the plans need to be adequately financed if they are to bear fruit. The comment from Dwayne Caines, chief executi...

A lawsuit in Florida alleging fraud in relation to CATCo and its former CEO Tony Belisle has been stayed, as the American court awaits Bermuda Supreme Court decisions on the insolvency and winding down of Markel CATCo retrocessional reinsurance funds...

Aspen has launched Project Leaf, an ESG integration strategy that will incorporate environmental, social and governance information into the decision making process for its credit and political risk (CPR) portfolio. By 2026, the project aims to see o...

A legal battle arising from a merger of two gyms on the island is now in the hands of a Supreme Court judge. Assistant Justice Jeffrey Elkinson reserved judgment Tuesday in the matter of Scott Stallard’s claim against defendants The Athletic Club Lim...

The RG/BSX Index rose 32.18 (1.19 per cent) and finished at 2,729.19 with trades involving Argus Group Holdings Ltd. and Bank of N.T. Butterfield Ltd. Argus closed unchanged at $6 after 4,433 shares changed hands. Butterfield closed up 60 cents (1.5 ...

Consumers who participated in the third annual “Eat, Shop, Play” initiative within the island’s three economic empowerment zones over the holiday season spent more than $90,000, the Bermuda Economic Development Corporation reported today. The initiat...

The RG/BSX Index climbed 101.91 (3.93 per cent) to 2,697.01 as 500 shares of Bank of Butterfield changed hands, with the price rising $1.90 (5.1 per cent) to close at $38.90. In addition, 10,000 Argus Group Holdings traded, with the price unchanged a...

Enstar Group Limited, the global insurance group based in Bermuda, has announced that a wholly owned subsidiary has reached an agreement for a ground-up loss portfolio transfer with Aspen Insurance Holdings Limited for its 2019 and prior business (th...

Bermudian-based multi-line specialty reinsurer Ariel Re has expanded its relationship with Berkshire Hathaway Inc, the multinational conglomerate led by billionaire chairman Warren Buffett. In separate transactions, Omaha-based Berkshire Hathaway’s w...

Will Dove has been appointed to the post of head of risk & ceded reinsurance at Everest Insurance, which is part of Bermudian-based Everest Re Group. Mr Dove will lead the division’s global ceded reinsurance strategy, placement and execution, while b...