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Fintech company Circle has pledged $100,000 towards the development of Bermuda as a “centre of excellence” for fintech innovation. The announcement was made Thursday by Elisabeth Carpenter, chief operating officer of Circle, at a press conference at ...

The RG/BSX Index closed 10.01 higher (0.40 per cent) at 2,502.09 on volume of 230,700. The BSX/Insurance Index rose 27.81 (1.60 per cent) at 1770.90. The Bank of Butterfield closed up 36 cents (1.04 per cent) at $35.13 on the New York Stock Exchange....

Veteran insurance executive Peter Bell has been promoted to the position of senior vice-president, chief executive officer and managing director of Bermuda at Everest Re Group Ltd. Mr Bell’s appointment is subject to approval by the Bermuda Monetary ...

A veteran of the private and public sectors is to act as special adviser to the chairman and chief executive officer of Bermudian-based mortgage re/insurer Essent Group Ltd. Adolfo Marzol’s appointment to assist Mark Casale was announced today. Mr ...

HSCM Bermuda is among the investors in a $44 million Series C capital raise by CAPE Analytics, the California-based provider of geospatial intelligence for property risk and valuation. The US company said the financing round was led by Pivot Investme...

The winners of a photo contest that offers as top prize the person’s weight in swizzle are to be announced on Friday. 9 Parishes Authentic Rum Swizzle and Goslings Rum have collaborated to run the contest, which is being held to celebrate 9 Parishes’...

When the issuance of shares by a company is discussed, the first thought that comes to mind is the share capital raised by the issuance of such shares. Many do not consider or appreciate that they could also, inadvertently, be creating share premium....

Axis Re, the reinsurance business segment of Bermudian-based Axis Capital Holdings Ltd, has promoted Simon Stirnemann to the post of head of EMEA LatAm Casualty. Mr Stirnemann, who will lead the company’s EMEA LatAm Casualty team, was among three pro...

Vendors have been invited to express interest in participating in an open-air market on Court Street. The market, to be held on Sunday July 25 from 1pm until 6pm, is a joint effort of the merchants on North Hamilton’s main shopping street. Organisers...

Mosaic Insurance has begun underwriting transactional liability coverage in the United States amid what it says is a current upsurge in mergers and acquisitions activity. The Bermudian-based global speciality insurer, launched in February, said it of...