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The Bermuda office of London-based re/insurance specialist Neon is to remain open for at least another four months, a spokesperson said. “Neon is keeping an office open until at least June as it manages an orderly run off,” she said. It was announced...

HSBC Bermuda’s net profit rose 3 per cent to $143 million last year. Total operating income before expected credit losses was $281 million, in line with the prior year. The bank said decreases in net interest income were offset by higher net fee inco...

Entrepreneurs in the Ignite Bermuda hub are encouraged to keep constant tabs on the health of their businesses. Now, they have been reminded to focus on their own wellbeing, too. Adriene Berkeley is a chartered psychologist and registered neuroscient...

A deal that presents the opportunity for Athene Holding Ltd to be included in a major S&P index, such as the S&P 500, has been concluded. The Bermudian-based retirement services company has concluded a “strategic transaction” with its partner Apollo ...

A two-part, travel-themed podcast series recorded in Bermuda during Restaurant Weeks 2020 officially released its first instalment today online. The content, produced by the online travel storytelling community Travel with Meaning, is intended to pr...

Louise Charleson has been appointed a partner in the Bermuda legal services team at Ocorian, the global provider of corporate and fiduciary services, fund administration and capital markets. Ms Charleson has extensive legal experience in Bermuda, the...

Dear Dave, My husband and I had our first child in December. We bought a house not long before the baby was born, and since then we’ve been getting mail and phone calls about buying mortgage protection insurance. We’re both 27, we have good jobs, and...

A profit of $29.7 million, or 32 cents per share, has been reported by Third Point Re for the fourth quarter. That compares to a $298 million loss for the same period in 2018. The Bermudian-based reinsurer had net income of $200.6 million, or $2.16 p...

Increases in valuation and a stronger British pound and Australian dollar helped Somers Limited to a $74.6 million profit in its first quarter, which ended on December 31. The financial services investment holding company has reported its results, on...

Shares of Ascendant Group Ltd, the parent company of Belco, fell five cents, or 0.2 per cent, to $30, after 3,000 traded on The Royal Gazette/BSX Index. There was also trading in 500 shares of Bermuda Aviation Services Ltd, but with no change to the ...