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Shares of Bermuda Aviation Services Ltd fell 40 cents, or 28.7 per cent, to $1.10 after 1,800 traded on The Royal Gazette/BSX Index. Also falling was Ascendant Group Ltd, which lost $1.37, or 4.3 per cent, to close at $30.38 after 3,400 of its shares...

A strong performance from brokerage revenues helped LOM Financial Ltd to a 8.9 per cent jump in group profit for the first half of the year. The company’s profit was $1,028,685, or 19 cents per share, compared to $944,235, or 16 cents per share, for ...

You’re the kind of person who has their eyes on the summit. You long for more responsibility, influence, and more fulfilment in your career. But your leader isn’t going to just hand you a promotion for taking up space at a desk. You’ve got to earn i...

A group of international experts has met to discuss future pandemic risk and public-private initiatives, among them was John Huff, president and chief executive officer of the Association of Bermuda Insurers and Reinsurers. The event was organised th...

Losses related to the Covid-19 pandemic have impacted the earnings of Bermudian-based Arch Capital Group Ltd. The company’s net income was $288.4 million, or 71 cents per share, for the quarter ending on June 30. That was down from $458.6 million a y...

One Communications Ltd improved its net income by more than $1 million for the six months to the end of June, compared to the same period a year ago. It achieved that earnings result whilst also giving a free, temporary boost to internet speed for ma...

In the final trading day before the holiday, The Royal Gazette/BSX Index yesterday fell 9.98 points, or 0.53 per cent, to 1,881.35. Shares of Somers Limited were down $1.50, or 10 per cent, at $13.50, after 210 traded. There was trading in 25 shares ...

Emmanuel Clarke is to leave PartnerRe, where he has been chief executive officer for the past four years. Experienced industry figure Jacques Bonneau took over as CEO, effective yesterday, the reinsurer said. PartnerRe said Mr Clarke “is leaving the...

Widespread remote working due to the Covid-19 pandemic has given cybercriminals increased options for infiltrating and disrupting the computer networks of businesses. Experts discussing cyberinsurance highlighted the worrying trend. Kara Owens, of Ma...

Disruption and changes caused by the Covid-19 pandemic has created an unpredictable near-term for some fledgeling insurtech businesses. There are questions about how much demand there will be for certain insurance technology ideas that had looked goo...