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Legacy specialist DARAG Group Ltd has acquired Bermudian-based SunPoint Holdings Ltd, the company announced today. DARAG said SunPoint will be integrated into DARAG Bermuda Ltd and will provide the company with a platform for further expansion. The c...

Bermudian-headquartered specialty insurer Mosaic has begun underwriting war, terrorism and political violence risks globally out of offices in London and New York. Mosaic said it will offer tailored coverage for a full spectrum of commercial, industr...

Sitting in Bermuda, owner and curator Lisa Howie can tell if someone is keen on one of the more than 200 works of art for sale at her online gallery, Black Pony. Just like in a bricks-and-mortar gallery, someone whose eye is caught by a particular wo...

A strategic partnership has been announced between the Chartered Professional Accountants Bermuda and the Ministry of Labour, with the aim of increasing the number of qualified Bermudian accountants. Senator Arianna Hodgson, Junior Minister of Labour...

Bermudian-based Athene Holdings Ltd and Apollo Global Management have entered into a definitive agreement to merge in an all-stock transaction that implies a total equity value of approximately $11 billion for Athene, the companies announced. The com...

Progress for women in the workplace could be back at 2017 levels by the end of the year as a result of the Covid-19 pandemic, a report by professional services firm PwC reveals. The news comes as PwC Bermuda celebrates International Women’s Day on th...

A video highlighting some of the trailblazing women within the Bermuda community, including businesswomen, sportswomen and those in creative fields, has been created to celebrate International Women’s Day. The video is the work of Sara Schroter and L...

Hiscox is the latest insurance company to announce it will eliminate its insurance, reinsurance and investment exposure to coal-fired power plants and coal mines. The Bermudian-headquartered company, which also operates Hiscox Re & ILS, has become th...

Shares of Butterfield Bank improved 50 cents, or 1.4 per cent, to $37 after 700 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were up 81 cents, or 2.11 per cent, at $39.16. The Royal Gazette/BSX Index was up...

Bermuda has been given a boost by the arrival of new players in the insurance and reinsurance sector in Bermuda, even amid the turmoil of the Covid-19 pandemic. Mark Allitt, managing director and insurance sector lead at KPMG in Bermuda, said: “2020 ...