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A new session on life reinsurance has been added to Thursday’s PwC Insurance Summit to discuss the key factors driving growth in the sector. The panel, “A New Chapter in the Life Reinsurance Market”, will feature industry leaders Marc-André Giguère, ...

Sompo International Holdings Ltd has named Harriet Harty executive vice-president and chief human resources officer for the company’s commercial property and casualty operations. Ms Harty will have oversight of all human capital strategies globally ...

Employment income rose by 1.2 per cent in Bermuda in the second quarter of this year, according to data from the Office of the Tax Commissioner. The island’s working population earned a total of $873.28 million during the April-through-June period, u...

Hiscox said its business saw growth across all segments over the first nine months of the year as gross premiums written climbed 7.3 per cent. The insurer and reinsurer also had a busy third quarter for catastrophe claims and has set aside $165 milli...

The popular, family-run Bull’s Head Car Wash is going up for sale 15 years after its launch. Co-owner and manager Art Riviere, 78, has admitted it is finally time for him to retire and take some time for himself and his family. The land and buildin...

There was trading in 2,716 shares of Butterfield Bank on The Royal Gazette/BSX Index, but with no change to the closing price of $33. Meanwhile, in New York, the bank’s shares were up 59 cents, or 1.76 per cent, at $34.05. The Royal Gazette/BSX Index...

Bermudian lawyer Brian Holdipp has been promoted to the position of counsel at law firm MJM Ltd. Mr Holdipp works in the corporate and finance department at the firm, which he joined seven years ago. Jeremy Leese, MJM director and head of the corpor...

Mark Watson has stepped down as chief executive officer of Argo Group International Holdings. The surprise immediate departure comes only months after a bruising proxy battle with activist investor Voce Capital Management LLC. Argo is due to release ...

Bermudian Leslie Rans has been appointed chief executive officer of Digicel Bermuda and BTC. Ms Rans succeeds Paul Stafford in the top job following her two-year tenure as CEO of Bermuda Aviation Services. The company said Mr Stafford is moving to an...

Shares of Butterfield Bank gained 2.45 per cent in New York Stock Exchange trading. The bank gained 80 cents to close on $33.46. Butterfield last traded on the Bermuda Stock Exchange at $33. The BSX was closed yesterday for the public holiday to cele...