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Industry veteran Thomas Parcell has joined Lockton Re’s new Bermuda platform as chief broking officer. Lockton Re is the global reinsurance business of the world’s largest privately-held independent insurance broker. Mr Parcell joins Lockton Re from ...

More than two years after launching a successful food business in Bermuda, Toney Edmonds is finally getting to meet his customers. Mr Edmonds and his wife, Vikki, run Simple Ltd, which has taken over the takeout food concession at the Rubis Warwick g...

There were no trades on The Royal Gazette/BSX Index, which closed unchanged at 2,416.18, while the BSX Insurance Index was up 20.29 points, or 1.2 per cent, at 1,714.37. On the New York Stock Exchange, shares of Butterfield Bank rose $1.06, or 2.9 pe...

Bermuda’s financial liabilities stretch far beyond its net debt of $3 billion. It is estimated a further $1.5 billion to $1.7 billion of unfunded liabilities are stored up in the Public Sector Superannuation Fund, the Ministers and Members Legislatur...

Navdeep (Navi) Dhesi has been appointed chief operating and financial officer of Bermuda Aviation Services Ltd, the company said in a filing with the Bermuda Stock Exchange. The appointment is effective today, the BAS Group said. The company said Ms ...

When Sasha Benson opened her own spa in Paget earlier this month it felt like coming home. “I launched Benson Esthetics on February 23 at 6 The Lane, Paget, back where it all started,” she said. She began her career in 2008, running the Azure Medica...

A broad measure of Bermuda’s economic activity contracted in the third quarter of 2020, primarily because of restricted economic activity due to the Covid-19 pandemic. Gross domestic product, the value of goods and services generated by the island’s ...

A wholly-owned subsidiary of Miami International Holdings, owners of the Bermuda Stock Exchange, has won an award at the Fund Intelligence Operations and Services Awards 2021. The MIAX Exchange Group, consisting of the Miami International Securities ...

Ian Thompson is the new chief executive officer, Bermuda, of re/insurer Ascot, taking over the role from John Berger, who retires at the beginning of March. He has been promoted to the position and will assume leadership of Ascot’s business on the is...

Bermudian-based international speciality insurance and reinsurance outfit SiriusPoint Ltd launched today with more than $3 billion in initial capital. The company has been formed as the result of the previously announced merger between Third Point Re...