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Shares of Butterfield Bank were up 39 cents, or 1 per cent, at $39.26 on the New York Stock Exchange. There were no trades on The Royal Gazette/BSX Index, which was unchanged at 2,606.65. The BSX Insurance Index was down 25.41 points, or 1.41 per cen...

Clarien Bank is resuming walk-in service from tomorrow. Appointments will no longer be required. The bank said in-branch social distancing will continue to be strictly monitored by its security, and Clarien employees and clients must wear facial mask...

Bermudian-headquartered international specialty re/insurer SiriusPoint Ltd has appointed Larry Hallett to the position of senior vice-president of casualty underwriting. The company said Mr Hallett will focus on casualty underwriting, including tradi...

A new type of insurtech sandbox licence has been granted to Bermudian-based start-up Kettle Limited, which is using deep-learning and sophisticated statistical models with the aim of more accurately predicting wildfires in California. Kettle Limited ...

LOM Financial Ltd achieved a 282 per cent rise in profit last year, to $4.83 million, driven by increased revenue from broking fees and gains on securities. The company’s assets under administration rose from $1.2 billion at the beginning of 2020, to...

Bermudian-based Oil Insurance Ltd has reported that net investment income of $420 million drove its profitable performance in 2020. The company had earlier announced net income of $467 million for the year. Net underwriting income was $67 million, an...

Chubb Limited achieved net income of $2.3 billion, or $5.07 per share, in the first quarter, compared to $252 million for the same period last year. Its core operating income was $1.14 billion, or $2.52 per share, down from $1.22 billion a year ago. ...

Arch Capital Group Ltd has teamed up with an international non-profit organisation that is dedicated to inspiring women to succeed in technology. The Bermudian-based specialty insurer’s partnership with Women Who Code will fund more than 500 scholars...

A former Bermuda-based insurance professional has been appointed to the UK leadership team at Aon Reinsurance Solutions. The company said Ben Love, who worked at Benfield and Hiscox in Bermuda from 2005 until 2012, will focus primarily on client grow...

Shares of Butterfield Bank rose 25 cents, or 0.7 per cent, to $38.25 after 200 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank's shares were up seven cents, or 0.18 per cent, at $38.87. The Royal Gazette/BSX Index was ...