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More than 6,000 metric tonnes of greenhouse gas is generated by RenaissanceRe's Bermuda operations each year, with air travel and purchased electricity accounting for the bulk of the carbon emissions. To offset the impact of those emissions it is su...

Shares of Argus Group Holdings Ltd improved 87 cents, or 26.3 per cent to $4.18 after 100 traded on The Royal Gazette/BSX Index. Bermuda Aviation Services Ltd lost ground, falling 10 cents, or 4.8 per cent, to $2 after 200 shares changed hands. On th...

The Bermuda Economic Development Corporation is to offer virtual information sessions next week for small and medium-sized construction companies that wish to pre-qualify to be considered for contracts as part of Government's $13.4 million economic s...

Bermudian-based reinsurance company Canopius Reinsurance Limited has been granted a Class 4 Reinsurer licence by the Bermuda Monetary Authority. Canopius said the reclassification will significantly extend Canopius Re’s scope, enabling it to increase...

Bermudian-based specialty re/insurance outfit Hamilton Insurance Group Ltd has made two senior appointments in its Lloyd's operations, Hamilton Managing Agency Ltd. Trevor Ormes joins as deputy active underwriter of Syndicate 4000 and head of profess...

One of the major cruise operators that sails to Bermuda burnt through an average of $500 million a month during the fourth quarter. In a preliminary summary, Carnival Corporation reported adjusted net loss of $1.9 billion for the three-month period. ...

Shares of Butterfield Bank improved 25 cents, or 0.7 per cent, to $34.25 after 2,858 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were up 77 cents, or 2.25 per cent, at $35.05. The Royal Gazette/BSX Index w...

Chubb has appointed Jeremiah Konz as chief reinsurance officer with immediate effect. He succeeds Michael Kessler, who has been appointed division president of the company’s global cyber-risk insurance business. Mr Konz was executive vice-president,...

Bermudians Mitchell Foote and Michael Cann have been promoted to store managers by The MarketPlace. They previously served as assistant store managers at Shelly Bay MarketPlace and Somerset MarketPlace, respectively. In their new roles, Mr Foote and ...

A billion-dollar data and software company that moved staff to Bermuda as digital nomads last year, has an ambition to increase its presence to 1,000 staff on the island within five years. If all goes to plan, Afiniti could account for 10 per cent of...