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Shares of Argus Group Holdings fell 4.3 per cent in Bermuda Stock Exchange trading. The insurer fell 18 cents to close on $4 as 3,000 shares changed hands. The move came after Argus rocketed 26 per cent in Wednesday’s trading. Argus was the only stoc...

Government has signed a Memorandum of Understanding with an international blockchain company to improve efficiency between departments. The Premier, David Burt, said the agreement with The Proof of Trust (Bermuda) Ltd, demonstrated the island’s “cont...

Farah Ballands has decided to step down as chief executive officer of Ocorian. She will be succeeded by Frederik van Tuyll, the current chairman, on March 31. She guided Ocorian and Estera through a merger last year. Estera was spun off from law firm...

The Bermuda Economic Development Corporation is to host a virtual seminar next week to provide an update on the business opportunities that exist in the local market and abroad, post Covid-19. The Next Big Thing! – A Follow Up, One Year Later, is the...

Chubb’s chief financial officer, Philip Bancroft, will retire on July 1 after 19 years with the company. He will be succeeded by Peter Enns, who is to join the company as an executive vice-president on or before April 1. Mr Enns has more than 30 year...

Bermudian Stephani Lacey has been appointed human resources director of operations of the new St Regis Bermuda resort in St George’s. The hotel announced today that Ms Lacey will take on the role when the resort opens in St George’s this spring. She...

Commercial re/insurer Convex Group Ltd has ramped up its total committed capital to $3.2 billion after a $500 million investment from US investment firm Sixth Street. The Bermudian company, launched in April 2019 by industry veterans Stephen Catlin a...

Bermudian start-up reinsurer Conduit Re hit the ground running writing about $160 million of gross premium during the January 1 reinsurance contract renewal season,. The new company, backed by $1.1 billion of capital raised in an initial public offer...

Bermudian-based insurance-linked securities specialist Horseshoe Group is to provide insurance management services for Lloyd’s of London’s new multi-insurance special purpose vehicle. Lloyd’s today announced that it has sponsored the creation of an i...

Aon, an insurance broker with offices in Bermuda, has ended a business relationship with the Trump Organisation. The company is one of several to turn their backs on US President Donald Trump’s enterprise since last week’s violent and deadly storming...