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Bermudian-based Oil Insurance Ltd has reported that net investment income of $420 million drove its profitable performance in 2020. The company had earlier announced net income of $467 million for the year. Net underwriting income was $67 million, an...

Chubb Limited achieved net income of $2.3 billion, or $5.07 per share, in the first quarter, compared to $252 million for the same period last year. Its core operating income was $1.14 billion, or $2.52 per share, down from $1.22 billion a year ago. ...

Arch Capital Group Ltd has teamed up with an international non-profit organisation that is dedicated to inspiring women to succeed in technology. The Bermudian-based specialty insurer’s partnership with Women Who Code will fund more than 500 scholars...

A former Bermuda-based insurance professional has been appointed to the UK leadership team at Aon Reinsurance Solutions. The company said Ben Love, who worked at Benfield and Hiscox in Bermuda from 2005 until 2012, will focus primarily on client grow...

Shares of Butterfield Bank rose 25 cents, or 0.7 per cent, to $38.25 after 200 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank's shares were up seven cents, or 0.18 per cent, at $38.87. The Royal Gazette/BSX Index was ...

Making cost less of a barrier for people who want to use solar energy, and helping charities to benefit from electricity generated by rays of sunshine, are part of the mission of Sunny Side Solar. Claire Smith and Nick Hutchings teamed up to make a d...

Arch Capital Group Ltd has become the latest insurer to confirm it has not and will not issue any insurance policies covering the planned Adani Carmichael coalmine in Queensland, Australia. The Bermudian-based company has released a statement to conf...

There was trading in 2,700 shares of Butterfield Bank on The Royal Gazette/BSX Index, but with no change to the stock's closing price of $38. On the New York Stock Exchange, share of Butterfield Bank were down 16 cents, or 0.41 per cent, at $38.80. T...

The Chubb Charitable Foundation – Bermuda, has extended the application deadline for the Robert Clements Scholarship. Citing “ongoing Covid-19 issues”, the foundation said the revised deadline is May 14. Lori Dunstan, executive director of the Chubb ...

Bermudian-based drinks giant Bacardi Ltd has promoted Kerry Carr to the company’s global leadership team. In her expanded role as SVP, global performance management, Bacardi said Ms Carr adds revenue growth management and Bacardi Enterprise Services ...