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Yosha DeLong has joined Bermudian-based start-up Mosaic Insurance Holdings Ltd as senior vice-president and head of cyber underwriting. The appointment was first reported on the Business Insurance website. Ms DeLong, who was formerly Zurich North Ame...

A total of 3,701 shares of Butterfield Bank traded on the Royal Gazette/BSX Index, but with no change to the closing price of $31. On the New York Stock Exchange, the bank’s shares were up 41 cents, or 1.31 per cent, at $31.69. The Royal Gazette/BSX ...

Job seekers, entrepreneurs and small businesses in Bermuda who want to hear about potential jobs and opportunities connected to the inaugural SailGP Bermuda Grand Prix are invited to attend a webinar on Friday. The free, 75-minute information session...

Reinsurers have largely arrested multiyear downward trends in the market, despite the impact of the Covid-19 pandemic on working conditions and exposures. That is one of the findings in Willis Re’s 1st View survey report, which was published yesterda...

Bermudian-based reinsurer Group Ark Insurance Ltd has been assigned a financial strength rating of A (Excellent) by AM Best, the global credit rating agency. GAIL was also assigned a long-term issuer credit rating of “a”. AM Best said the outlook ass...

The only stock to trade on The Royal Gazette/BSX Index was Somers Limited. The shares improved 50 cents, or 3.3 per cent, to $15.50 after 1,200 changed hands. On the New York Stock Exchange, shares of Butterfield Bank were up 12 cents, or 0.39 per ce...

Butterfield Bank will reopen its temporary banking centre at Rosebank Centre, in Hamilton, to serve seniors and physically challenged clients. The bank opened Rosebank, on Bermudiana Road, temporarily as part of Bermuda’s Phase 1 reopening period la...

Rims, the risk management society, has named Ellen Dunkin as its new president for 2021. She is the Society’s 67th president, and succeeds Laura Langone, who served in the role last year. Ms Dunkin said: “Risk professionals from around the world met ...

Penalties totalling $400,000 has been imposed on Crown Global Life Insurance Ltd, and Crown Global Life Insurance (Bermuda) Ltd, by the Bermuda Monetary Authority. The civil penalties are pursuant to the provisions of section 20 of the Proceeds of Cr...

Insurance and reinsurance group Premia Holdings Ltd, which has operations in Bermuda, has formed Elevation Re (SPC) Ltd, a sidecar vehicle which will provide collateralised reinsurance support for Premia’s activities in the global P&C run-off market....