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Companies in the insurance industry are keeping an eye on potential tax developments after US President Joe Biden's speech to a joint session of Congress, where he spoke about reforming corporate tax. Mr Biden's administration is in favour of a US gl...

Warwick Academy has won the KPMG Senior School Investment Challenge after Flirtingwithmodels, one of the school’s three teams in the competition, finished with an imaginary portfolio of stocks worth $123,290.67. All 20 senior school teams who took pa...

Bermudian-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $8.5 million, or 26 cents per diluted share, for the first quarter. This compares to net income and adjusted earnings of $6...

Shares of Butterfield Bank were up 22 cents, or 0.56 per cent, at $39.82, on the New York Stock Exchange. There were no trades on The Royal Gazette/BSX Index, which was unchanged at 2,600.63. The BSX Insurance Index was up 8.28 points, or 0.46 per ce...

James River Group Holdings Ltd, the Bermudian-based insurance holding company, has reported a net loss of $103.5 million, or $3.37 per diluted share, in the first quarter. That compares with a net loss of $36.8 million, or $3.54 per share, for the sa...

Laurie Shane has been appointed group head of Outwards Reinsurance at Bermudian-based re/insurer Aspen Insurance Holdings Ltd. The company said Ms Shane begins her role on June 1. She will report to Brian Tobben, chief executive officer of Aspen Cap...

Lawyer Steven Rees Davies is to join the corporate practice of Carey Olsen Bermuda as a partner. Mr Rees Davies joins Carey Olsen after 13 years in the Bermuda office of Appleby, where he is currently the joint global head of technology and innovatio...

Corant Global has appointed veteran insurance executive Paul Scope as chairman of its Bermuda operations. The company said Mr Scope joins with immediate effect, and will work alongside Chris Bonard, chief executive officer of Corant Bermuda and Ed Br...

The Exhale Spa has found a way to keep the relaxing facials coming, despite pandemic restrictions. Last month the spa at the Hamilton Princess & Beach Club in Hamilton took their facials online, offering skincare guidance through Zoom. “During the pa...

In 2019, the “underwriting nature” initiative led by Swiss Re culminated in the first ever coral reef insurance policy. The unique policy was facilitated by charity The Nature Conservancy, the Mexican government and partners covering an area of Mexi...