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Bermudian-based re/insurer Arch Capital Group Ltd has reported that its first-quarter results will be negatively impacted by the effects of North American winter storms Uri and Viola that occurred in February, as well as from other minor global event...

The companies of AG Holdings Ltd, AirCare, iEPC and iFM, have supported the Bermuda Conference Young People's and Children's Division’s annual food drive to assist seniors in need. Staff from across the group of companies bought food which was donat...

Bermuda’s Economic Recovery Plan is “ambitious but achievable”, the Minister of Finance told an international forum yesterday. Curtis Dickinson was speaking on the panel, “Economy and Sustainability for Global Islands” at the Island Finance Forum 202...

Warwick Academy has maintained its lead in the KPMG Senior School Investment Challenge after Flirtingwithmodels, one of the school’s three teams in the competition, held on to the top spot for a second consecutive month. As of March 31, Flirtingwithm...

The Royal Gazette/BSX Index had another quiet day with no trades. The Index closed unchanged at 2,594.91. On the New York Stock Exchange, shares of Butterfield Bank were up 16 cents, or 0.42 per cent, at $38.04. The BSX Insurance Index was up 6.28 pe...

The Bermuda Electric Light Company Ltd has announced that electricity fee increases imposed by the Regulatory Authority this week will not be passed on to customers until May 1. Belco said the RA’s announcement on Wednesday that electricity fees paid...

Cryptofinance company XBTO International, which is incorporated in Bermuda, has donated $50,000 towards the cost of running the Bermuda Hospitals Board’s vaccination clinic. It made the donation in response to an appeal by the Bermuda Hospitals Chari...

RenaissanceRe Holdings Ltd has estimated that losses from Winter Storm Uri in the United States will have a net negative impact of about $180 million on its first quarter results. Uri was a major wind and ice storm that caused widespread damage in ma...

Bermudian-based Axis Capital Holdings Ltd has announced a preliminary first quarter net loss estimate for catastrophes and other weather-related events in the range of $105 million to $115 million, pre-tax ($95 million to $105 million, after-tax). Th...

Bermudian-based Allianz Global Corporate and Specialty has announced that David Brown, currently its head of Insurance Linked Markets, will take over as head of its Capital Solutions unit on the island. The company said Mr Brown’s appointment is effe...