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This is the third in a four-part series prepared by Restructuring and Insolvency Specialists Association of Bermuda, on insights to help small- to mid-size organisations manage financial, operational, and staffing considerations, as well as directors...

Shares of Argus Group Holdings Ltd improved by one cent, or 0.5 per cent, to $2.09 after 61,200 traded on The Royal Gazette/BSX Index. There was also trading in 1,500 shares of Ascendant Group, the parent of Belco, but with no change to the closing p...

Crop insurance solutions are now being offered by Bermudian-based Sompo International Holdings Limited to the agricultural sector in Portugal. This is the result of the re/insurer’s global agriculture platform, AgriSompo, entering into a partnership ...

Bermudian-based re/insurer Axa XL has announced a new leadership team and proposed changes to the operating model of its insurance business following a strategic review. The company said key proposed changes include the creation of a single global in...

HSBC Bermuda will open its Harbourview, St George’s and Somerset branches on Thursday this week and on April 30 from 9am through 12pm, to provide limited banking services. After consultation with the Bermuda Government, the bank will open only to pro...

Businesses have been given more time to make statutory filings and fee payments to the Government. The Ministry of Finance said that the deadline for filings and fees that companies had been unable to submit by the end of March because of government ...

An insurance steering group in the UK, formed to propose pandemic response, is being led by Stephen Catlin, chief executive officer of Convex. He is chairman of the group, which features CEOs from another of others in the insurance industry, who will...

Some Bermudian-domiciled shipping companies have been given a temporary boost by the oil market turmoil that caused oil traders to scramble for vessels. And amid the volatility, one tanker company CEO pointed to signs that economies in Asia are recov...

Eight more cruise ship visits to Bermuda have been cancelled following Royal Caribbean Cruises Ltd’s decision to extend a suspension of its cruise operations until June 11. The company, which operates Royal Caribbean International, Celebrity Cruises,...

The local office of international law firm Conyers has provided Bermuda law advice to Carnival Corporation in connection with its private offering of $6 billion in two tranches of notes. The firm said the financing transaction involved numerous juri...