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There are warnings about the future of a Caribbean insurer, in which a Bermuda company acquired a sizeable stake three years ago. The warnings came as Caribbean Information and Credit Rating Services Limited (CariCRIS) affirmed ratings for Beacon Ins...

The RG/BSX Index closed up 3.58 (0.14 per cent) at 2,544.29 after 35,000 shares of Argus Group Holdings were traded on the Bermuda Stock Exchange. In addition, 18 shares of Butterfield Bank also changed hands. The BSX Insurance Index was at 1770.90, ...

Four Bermudian students have been named as recipients of 2021 Legal Education Awards by the Bermuda office of international law firm Conyers. The firm said the three top applicants – Rakaya Simmons, Kyra Dunstan and Sophie Rylands – have each receive...

Bermuda’s first bank will pay $5.6 million in forfeiture and restitution payments to the United States government in a tax evasion case that dates back 20 years. The US Attorney for the Southern District of New York, the Justice Department and the In...

Bermuda-based James River Group Holdings Ltd has appointed David Gelinne as group chief actuary. James River said current group chief actuary Jennifer Kish has announced her intention to retire at the end of the third quarter. The company said Mr Gel...

The boss of a Bermuda-based tanker company has told shareholders and investors that it plans to renew and expand its fleet. Herbjorn Hansson, founder, chairman and chief executive officer of Nordic American Tankers Ltd, said: “A few years ago, NAT wi...

Nineteen Bermudian students received financial support for their further education through the island’s largest postsecondary scholarship programme at the recently held annual Association of Bermuda International Companies (ABIC) Education Awards lun...

Bermudians are being encouraged to consider accountancy as a profession due to the growing need for qualified candidates both on the island and worldwide. More than 300 accountants are employed in Bermuda as guest workers which means there are opport...

Bermuda-based insurer Lancashire Holdings Ltd has reported a pre-tax profit of $54.1 million for the six months June 30, compared to the $23-million loss for the same period in 2020. The turn-around was fuelled by huge increases in its property and c...

Bermuda’s international re/insurers are leveraging the market cycle and expanding their franchises considerably in a period of optimism. Several companies are active in share repurchases already, or resolving to buy back stock with accumulated cash a...