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Shares of Triton International Ltd plunged 7 per cent yesterday after the pricing of a secondary offering of more than 10.6 million shares. The sale by shareholder Vestar Capital Partners LLC represented more than 15 per cent of the Bermudian-based ...

Bacardi Ltd has appointed Todd Grice, an 18-year veteran of Coca-Cola, as senior vice-president and general counsel. Mr Grice brings 25 years of legal practice to Bacardi, with expertise in corporate governance, competition law, securities law, inte...

Rickeisha Burgess was far from bored during the Covid-19 lockdown. She was too busy trying to save her homemade popsicle business, Duch Pops, hit hard by the pandemic. “Covid-19 was a major impact, because we were located in Dockyard where we servic...

Kitson and Company Ltd has exited the business of providing real-estate services to third parties as of today, the company announced. Kitson has referred their existing portfolio of business to Think Real Estate, a new agency started by Jane Burt who...

Argo Group and Allied World have joined a growing number of insurers and reinsurers to rule out providing services to a giant coalmine project in Australia. The Bermudian-based companies were among those with Lloyd’s of London insurance syndicates ap...

Enstar Group Ltd has made a $31 a share offer to buy fellow Bermudian insurer Watford Holdings Ltd, which values the company at about $616 million. The offer came in a letter to the Watford board, signed by Paul O’Shea, Enstar’s president and dated S...

Bermudian-based White Mountains Insurance Group has agreed to invest up to $1 billion of fresh capital into Ark Insurance Holdings Ltd and acquire a majority stake in the Lloyd’s of London insurer. One of the results of the deal will an upgrade of Ar...

Two stocks traded on the Bermuda Stock Exchange, but neither changed value, as The Royal Gazette/BSX Index remained unchanged on 1,698.14. Argus Group Holdings Ltd closed unchanged on $2.73, as 600 of the insurer’s shares changed hands. One Communica...

The Regulatory Authority has proposed trimming its budget by about $600,000, or 9 per cent, for its next fiscal year. The regulator of the electricity and electronic communications sectors has also recommended a freeze on the fees that fund it, deriv...

Lighthouse Medical Supplies Ltd has announced a new partnership with Bermuda SPCA that will raise funds for promotion of kindness to animals and prevention of animal cruelty. Mike Serebrennik, chief operating officer at Lighthouse Medical Supplies, ...