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Shares of LOM Financial Ltd fell by 0.7 per cent in Bermuda Stock Exchange trading. The investment firm slipped two cents to $2.75 on the trading of 10,000 shares. The Royal Gazette/BSX Index fell 0.12 of a point, to close on 1,833.73. The BSX Insura...

The Bermuda Stock Exchange has been named as the winner of the CFI.co 2020 award for Best Offshore Securities Exchange (Caribbean and North Atlantic Region). CFI.co, or Capital Finance International, is a London-based print journal and online resour...

LOM Financial Ltd’s board has authorised the repurchase of up to 500,000 shares for cancellation. The investment firm and broker-dealer said the move was “approved due to a disparity between the current share price and the current book value of share...

Prices for commercial insurance spiked 19 per cent in the second quarter, broker Marsh reported. It was the largest year-over-year increase recorded by Marsh’s Global Insurance Market Index, since it was launched in 2012 and the eleventh successive q...

Storing solar-generated energy to use when the sun goes down, or as back-up when the electricity goes off in a hurricane, are scenarios that can be handled by a new energy storage system coming to Bermuda. Greenlight Energy has partnered with Tesla ...

Mortgage insurer Essent Group Ltd’s second-quarter earnings took a hit as borrowers were stretched by the economic impact of the pandemic. The Bermudian-based company said net income for the April-to-June period was $15.4 million, a drop of nearly 89...

Bermudian run-off specialist Enstar Group reported net earnings of $798.6 million for the second quarter, driven by gains in its investment portfolio as stock and bond markets rebounded. The profit broke down to $36.65 per share and compared to net ...

LOM Financial Ltd was unchanged at $2.77 on the trading of 33,400 shares in Bermuda Stock Exchange trading yesterday. The investment firm, which yesterday announced its board had authorised a share buyback of up to 500,000 shares in 2020, was the onl...

Investors are putting together capital to create what could become a “class of 2020” group of new insurers, according to the chief executive officer of Third Point Re. But Dan Malloy believes that his company, which announced a proposed merger with f...

Marco Montarsolo’s surname means “climbing alone” in Italian, and he is enjoying doing just that running his new business Solo Group of Companies. Previously he was managing director at BeesMont Law Ltd with Sharon Beesley. “I do feel like this is a...