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The RG/BSX Index closed up 28.01 (1.09 per cent) at 2,596.69 after share volume of 45,500, a turnover value of $308,750. A total of 45,000 Argus Group Holdings Ltd. shares changed hands. The BSX Insurance Index continues to remain unquoted. The Bank ...

A re/insurance industry body in Bermuda has backed a United Nations programme that is a global framework for the insurance industry to address environmental, social and governance (ESG) issues and opportunities. The Bermuda International Long Term In...

Bermudian student Seon Tatem has been named recipient of the 2021 Legal Scholarship awarded by law firm MJM Limited. The firm said Mr Tatem was awarded the scholarship to a value of $10,000 to assist with his legal studies. The annual scholarship is ...

Bermuda’s insurance regulators have created an advanced catastrophe bond registration process that puts the island light years ahead of the competition. Cat bond sponsors looking to locate such structures on the island can take advantage of streamlin...

Since February, semiconductor stocks have been getting cheaper relative to the rest of the market and that could be an opportunity for long term investors. Price action in the sector has lately been choppy as investors weigh the upward momentum of a...

The RG/BSX Index closed at 2,568.68, up 2.38 (0.09 per cent) as 45,000 shares Argus Group Holdings shares traded for $288,000. The BSX Insurance Index remained out of service for technical reasons. The Bank of Butterfield was up eight cents (0.24 per...

Bermuda-based Textainer Group Holdings Limited has raised more than $144 million with completion of a public offering of six million depositary shares. Textainer said each share represents a 1/1,000th interest in a share of its 6.250 per cent Series ...

Multi-line, specialty Bermuda reinsurer Ariel Re is establishing a Lloyd’s managing agent, Ariel Re Managing Agency (ARMA) to manage the business of Syndicate 1910 and SPA 6117 starting in early 2022, subject to regulatory permissions. Ariel Re chief...

Bermuda-based container firm Triton International Limited has appointed Niharika Taskar Ramdev to its board of directors, effective immediately. With the appointment, Triton said its board consists of 10 directors. The company is the world’s largest ...

Fitch Ratings has forecast global reinsurer underwriting performance will improve in 2022 as premium rate increases take hold, with further rate increases supported by persistent heightened catastrophe losses, continued low interest rates and mountin...