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Argus Group Holdings Ltd was the biggest mover on The Royal Gazette/BSX Index, improving 14 cents, or 3.5 per cent, to $4.14 after 3,000 shares traded. Also improving were shares of BF&M Ltd, which were up 49 cents, or 2.5 per cent, at 20.49 after 1,...

Bermudian-based re/insurance outfit Hamilton Insurance Group Ltd has appointed Clay Rhoades as president of Hamilton Managing General Agency Americas LLC. In this newly formed role, Mr Rhoades will report to Hamilton chief executive officer Pina Albo...

Integral ILS Ltd, an independent insurance-linked strategies fund manager, has received a cornerstone investment from alternative investment manager New Holland Capital. With that announcement, Integral said it has secured $600 million of signed comm...

The Covid-19 pandemic is estimated to account for $125 million of net claims, pre-tax, in the final three months of last year for Axis Capital Holdings Limited. The Bermudian-based re/insurer has announced a preliminary fourth quarter net claims esti...

Bermudian-founded Apex Group Ltd has launched a tool to help financial market participants collect the necessary data to report on and comply with the upcoming EU Sustainable Finance Disclosure Regulation. As of March, the EU SFDR will require asset ...

A prominent re/insurance lawyer who cofounded the law practice Attride-Stirling & Woloniecki, which is now known as ASW Law Limited, has died at 61. Tributes have been paid to Jan Woloniecki, who was head of litigation at the firm. He gained internat...

Ascot has appointment Joy LaHuta as senior vice-president and head of claims, Bermuda. She will collaborate closely with Ascot’s Bermuda leadership team and underwriting leaders to deliver specialised claims expertise in support of Ascot’s Bermuda pl...

There were no trades on The Royal Gazette/BSX Index, which was unchanged at 2,233.34. The BSX Insurance Index fell 17.59 points, or 1.08 per cent, to 1,613.6. On the New York Stock Exchange, shares of Butterfield Bank were down $1.03, or 2.93 per cen...

Ten insurers and intermediaries had their registration confirmed by the Bermuda Monetary Authority last month. Cedar Hamilton Limited was registered as a Class 3 insurer, and Stellar Risk Solutions (Bermuda) Ltd as a Class 1 insurer. The special purp...

A warning has been issued about a fraudulent website which falsely claims to be a crypto bank operating from an address in Bermuda. The Bermuda Monetary Authority said it had been made aware of a fraudulent website at www.bankofnevis.com, which false...