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Bermudian-based Sompo International Holdings Ltd has acquired aviation insurer W. Brown & Associates Insurance Services. W. Brown has been a managing general underwriter for Sompo International since 2016. In a statement, Sompo said the W. Brown oper...

Conduit Reinsurance Ltd, the Bermudian start-up whose parent company raised about $1.1 billion in an initial public offering of shares on the London Stock Exchange, has announced seven senior staff hires. The new reinsurer has lured the new recruits ...

The cancellation of Butterfield Bank’s annual holiday party for employees because of restrictions on social gatherings has ended up bringing Christmas cheer to about 100 families in need. In place of the party, Butterfield gave staff hampers containi...

International re/insurance industry leaders Aeolus Capital Management, Ariel Re and Fortitude Re will join the Association of Bermuda Insurers and Reinsurers for 2021, the industry body announced today. The chief executive officers of the three compa...

In response to the financial impact of the Covid-19 pandemic, the Regulatory Authority of Bermuda is looking to trim its total expenditure budget by 11 per cent to $5,707,225. It is projecting a 10 per cent fall in revenues for the 2021-2022 fiscal y...

The Bermuda office of international law firm Appleby has delivered Christmas trees, holiday food hampers and gifts to the charity Supportive Therapy for Aids Persons and their Relatives. The firm said STAR has been doing important work in the communi...

The Institute of Directors, Bermuda, is celebrating the success of three delegates who achieved the diploma in company direction designation. Cora Lee Starzomski, Jeffrey Ingelman and Tanya Bule all achieved distinction in their results and take the ...

Veteran insurance executive Stephen Weinstein has been elected the new chairman of the Bermuda Business Development Agency. Mr Weinstein, who previously served as deputy chairman, succeeds Paul Scope, who is stepping down from the BDA board after sev...

Butterfield Bank shares soared 9.2 per cent in Bermuda Stock Exchange trading. The bank gained $2.57 on the trading of 800 shares to close on $30.57, as the gap that had developed between the bank’s BSX and New York Exchange-listed shares closed up. ...

The Argus Group has decked the halls of Teen Haven to ring in the holiday season and give to those adversely affected by the Covid-19 pandemic. The company said a luncheon celebration at Teen Haven included decorations, and gifts for each resident, a...