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Kathleen Reardon is leaving her position as chief executive officer of Hamilton Re. Hamilton Insurance Group Ltd announced yesterday that David Brown, Hamilton Re’s chairman and the former CEO of Flagstone Re, has been appointed interim CEO of the gr...

Carey Olsen Bermuda has promoted Bermudian corporate lawyer Michelle Falcucci to senior associate. She took up the role on July 1. Ms Falcucci has been a member of the corporate team at Carey Olsen Bermuda since June 2019. She advises on all aspects ...

The Bermuda Monetary Authority recorded a budget deficit of $2.55 million last year, its third consecutive annual shortfall, and the seventh in the past decade. It has previously covered budget shortfalls from its general reserve, and last year the r...

William Wood has joined Artex as director, captive and commercial for its Bermudian operations. As part of the office’s senior management team, he is responsible for leading the Bermuda captive and commercial (re)insurance management operations. He...

Investment market volatility and catastrophe losses related to the Covid-19 pandemic impacted the second quarter income of Argo Group International Holdings Ltd. The Bermudian-based company reported a net loss of $6.4 million, or 18 cents per diluted...

The Hamilton Princess & Beach Club’s summer hotspot, 1609 Bar and Restaurant, reopens on Thursday. And the hotel has used the months of closure during the pandemic to freshen its menu. Restaurant favourites such as golden fried shrimp with wasabi ma...

Pure gold casts of Nelson Mandela’s hands that were once linked with Arbitrade, have still to find a new home despite being put up for auction in New York City in March. The collection of four casts failed to find a buyer for the set during the aucti...

Butterfield Bank shares fell 99 cents, or 3.75 per cent, to $25.42 on the New York Stock Exchange. The Royal Gazette/BSX Index had a quiet day on with no trades. The index closed unchanged at 1,866.27 points. The BSX Insurance Index was down 19.07 po...

Zina Malcolm and Nikki Fagan think they made every mistake in the book when they started The Brand Lion marketing and public relations agency. One of their missteps was doing their own accounting to save money. “You shouldn’t be afraid to spend mone...

Bermudian-based high-tech asset management firm Alpha Innovations Ltd has launched a platform aimed at helping small and independent portfolio managers attract investors, and for investors to access portfolio managers who produce stronger returns. Th...