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Marc Grandisson has been elected chairman of the Association of Bermuda Insurers and Reinsurers. He succeeds Albert Benchimol. Mr Grandisson is chief executive officer of Arch Capital Group Ltd, and will serve a two-year term as Abir chairman. He was...

Renewable energy company BE Solar has installed a solar electricity system that is estimated will save cancer charity PALS $6,000 each year on energy bills. The company won a competitive process to install the 11.97kW system on the roof of the PALS b...

Five individuals who have contributed significantly to Bermuda’s risk transfer market have been added to an industry publication’s Bermuda Risk Transfer Hall of Fame. Jeremy Cox, John Huff, Brad Adderley, David Brown and Arthur Wightman have been ho...

There is a new look at Coldwell Banker Bermuda Realty. Advertising and signage for the business now features the initials CB and a star. The company has unveiled the new logo, which follows the “Project North Star” branding transition of Coldwell Ban...

A&M Bulk Store is to offer its customers a second 10 per cent discount day. The Devil’s Hole, Smith’s outlet said that the discount will be offered for cash purchases on Tuesdays and Thursdays. The new policy becomes effective next week. The store’s ...

Yosha DeLong has joined Bermudian-based start-up Mosaic Insurance Holdings Ltd as senior vice-president and head of cyber underwriting. The appointment was first reported on the Business Insurance website. Ms DeLong, who was formerly Zurich North Ame...

A total of 3,701 shares of Butterfield Bank traded on the Royal Gazette/BSX Index, but with no change to the closing price of $31. On the New York Stock Exchange, the bank’s shares were up 41 cents, or 1.31 per cent, at $31.69. The Royal Gazette/BSX ...

Job seekers, entrepreneurs and small businesses in Bermuda who want to hear about potential jobs and opportunities connected to the inaugural SailGP Bermuda Grand Prix are invited to attend a webinar on Friday. The free, 75-minute information session...

Reinsurers have largely arrested multiyear downward trends in the market, despite the impact of the Covid-19 pandemic on working conditions and exposures. That is one of the findings in Willis Re’s 1st View survey report, which was published yesterda...

Bermudian-based reinsurer Group Ark Insurance Ltd has been assigned a financial strength rating of A (Excellent) by AM Best, the global credit rating agency. GAIL was also assigned a long-term issuer credit rating of “a”. AM Best said the outlook ass...