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Axis Re, the reinsurance business segment of Bermudian-based Axis Capital Holdings Ltd, has announced the hiring of Lisa Hiscock as a senior underwriter, Lloyd’s Casualty for the Global Markets team. In her new role, she will underwrite Lloyd’s Casua...

Argo Group International Holdings Ltd is to hold its 2021 annual general meeting virtually. Argo said the meeting, which would normally be held on-island, will be held virtually on May 6 at noon “due to the recent increase in Covid-19 infection rates...

Medical House’s new location can be summed up in two words “more space”. Moving into the old Standard Hardware Building, at 6 Bakery Lane, Pembroke, has increased its floor space from 18,000 sq ft to 25,000 sq ft. “We have moved several times over t...

Shares of BF&M Ltd improved by 75 cents, or 3.4 per cent, to $22.75 after 10,000 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, shares of Butterfield Bank fell 92 cents, or 2.39 per cent, to $37.52. The Royal Gazette/BSX Index...

Everest Re Group Ltd has announced preliminary information on first quarter 2021 catastrophe losses in advance of its full quarterly earnings to be released on April 28. Bermudian-based Everest said it is estimating pre-tax net catastrophe losses for...

An elevated retail experience in the new passenger terminal building of the LF Wade International Airport has won a coveted award. Skyport and The Somers Isles Trading Company have won the 2021 DFNI Award for “Airport in the Americas with the Most Su...

Professional-services company Acumen Group has partnered with software firm Blue Bison to offer a state-of-the-art payroll services platform. Bermuda-based Acumen, which processes about 35,000 payslips annually, said it is seeing growing demand from ...

Retail sales volume jumped 5.8 per cent in January as local businesses continued to benefit from more on-island spending. January was the seventh consecutive month of increased, year-over-year retail sales. The retail sales rate of inflation for the ...

Google has moved Google Ireland Holdings Unlimited Company’s tax residency from Bermuda to Ireland, according to a report. It has also stopped licensing its intellectual property from Bermuda, and now does so from the US, as it indicated it would in ...

Environmental, social and governance issues are becoming increasingly important for public companies, the chairman of the Bermuda Business Development Agency told an international forum. Stephen Weinstein said: “Increasingly, public companies – which...