Log In

Independent specialist insurance and reinsurance broker Miller is to set up a new platform in Bermuda. The company said the office will be led by industry veteran Charlie Simpson, who joins Miller as Head of Bermuda. Miller said Mr Simpson will conce...

Bermudian-registered shipping and logistics company Ocean Wilsons Holdings Ltd reported profits after tax dropped 21.3 per cent or $13 million to $48 million in 2020, principally due to the impact of foreign exchange losses and increased income tax. ...

PartnerRe Ltd has raised $200 million through the issue of eight million 4.875 per cent preferred shares. The Bermudian-based re/insurer said 4.875 per cent fixed rate non-cumulative redeemable preferred shares, Series J have a liquidation value of ...

A subsidiary of Bermudian-based re/insurer Arch Capital Group has launched a new transport and logistics insurance division, which will be based in London. ACG subsidiary Arch Insurance International said the unit will be led by insurance veteran St...

Teaching youngsters about good saving habits is part of the aim of new savings accounts for children aged 7 and up, that have been launched by HSBC Bermuda Bank Limited. To celebrate the Easter holiday season, every child who opens either the MySavin...

Corporate services company Ocorian has named Damian Resnik as its new managing director in Bermuda. Mr Resnik joined the group in June 2019 as client and operations director. A statement said Mr Resnik will continue to build on Ocorian’s presence in ...

Bermuda-based Borr Drilling Ltd. last week reported a loss of $46.7 million in its fourth quarter. On a per-share basis, the company said it had a loss of 22 cents. The Associated Press said The oilfield services company posted revenue of $60.2 milli...

A wine and spirits tasting and retail store is to open in Smith’s on the former site of a children’s indoor recreational facility. The Department of Planning has approved a change-of-use application for the building at 8 South Road, just east of Coll...

Stories in the aviation press that four former British Airways 747 aircraft have been registered in Bermuda are wide of the mark, the head of the island’s Civil Aviation Authority revealed. Thomas Dunstan, director-general of the BCAA, said: “We are ...

AM Best has revised its outlook to stable from negative and affirmed the credit ratings for Argo Group International Holdings Ltd and its subsidiaries. The rating agency said the change reflects “all of the positive actions taken by management to add...