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Bermuda-based Arch Capital Group Ltd has completed the previously disclosed acquisition of Australia’s Westpac Lenders Mortgage Insurance Limited. WLMI is an Australian Prudential Regulation Authority authorised captive lenders mortgage insurance pro...

Borr Drilling Limited, the Bermuda-based oilfield services company, has reported a net loss of $59.9 million for the second quarter of 2021. The company said that was an increase of $5.5 million compared to the first quarter of the year, impacted by ...

Babson College business administration major, Isabella Boonstra, is enjoying her summer internship at Marsh McLennan’s leading global risk and reinsurance specialist, Guy Carpenter. Ms Boonstra, a graduate of Suffield Academy in Connecticut who is en...

Damage caused by Category 4 Hurricane Ida is expected to result in an insured loss of between $15 billion and $25 billion, Zurich-based Twelve Capital AG has estimated. The company is an independent investment manager specialising in insurance invest...

The global pandemic has highlighted climate change together with diversity issues such as inequity and social injustice – issues that also are increasingly being considered by executives and directors of the world’s modern banks as an evolving concer...

The RG/BSX Index finished down 2.38 points (0.09 per cent) at 2,594.32 after 200 Argus shares ($1,270) traded on the Bermuda Stock Exchange. The BSX/Insurance Index remained unquoted because of technical reasons. The Bank of Butterfield finished on t...

Bermuda-based Nordic American Tankers Ltd is planning for a brighter future as it weathers difficult present conditions, its boss has said. Herbjorn Hansson, founder, chairman and chief executive officer of the oil tanker company, said: “These are ch...

Chief Justice Narinder Hargun has agreed with the joint provisional liquidators (JPLs) in the appointment of representatives for different classes of creditors in the winding up proceedings of Northstar Financial Services (Bermuda) Ltd and Omnia Ltd....

Positive attitudes and increased motivation have everything to do with the leaders and the individuals within the company. They also have a lot to do with the culture and a clear organisational identity that embraces and values positivity. Leaders mu...

Prominent firms from Bermuda’s international re/insurance community are participating in Dive In, the insurance industry festival promoting diversity and inclusion, September 21 to 23. A hybrid format to the event - themed ‘Active Allyship’ - makes t...