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Bermudian-based Argo Group has appointed Carol McFate to its board. “We’re honoured to welcome Carol to our board. This is a year of renewed opportunity for Argo Group, and strong, independent oversight is crucial to taking full advantage of it. Caro...

Malcolm Moller is the new group managing partner at international law firm Appleby. Mr Moller is joined on the firm’s board by Bermudian lawyer Cameron Adderley, who is global practice group head of corporate, and managing partner of the firm’s Hong ...

Bermuda had a balance of payments surplus of $251 million in the third quarter of 2019, and increase of $17 million year-on-year. The increase in the surplus was mostly due to a reduced deficit balance in the island’s goods account, which was $264 mi...

Ship owners and operators are feeling the effects of disruption caused by the coronavirus outbreak. From oil tankers and bulk carriers, to container ships and cruise ships, there are virus-related issues impacting day-to-day operations in some parts ...

Stock-picking success has led a team from Warwick Academy to the top of the KPMG Investment Challenge, as things stood at the end of January. “The Wolf of Front St” team has grown its imaginary portfolio of $100,000 of shares to $111,615. Saltus Acad...

Bermudian-based MultiStrat has completed a $205 million casualty ILS reinsurance transaction covering prospective and retrospective general liability risks. The coverage was written by a protected cell of Garden Insurance Company of Vermont, MultiSt...

A total of 45 shares of Ascendant Group Ltd traded on The Royal Gazette/BSX Index, but with no change to the closing price of $31. There was also trading of 598 shares in Butterfield Bank, with no change to the closing price of $34. In New York, the ...

Business leaders can attend a three-day course designed to help them demystify the world of finance. The Bermuda branch of the Institute of Directors has organised the course to be held on February 25, 26 and 27. It is aimed at non-finance profession...

Argo Group International Holdings, Ltd has agreed to sell its Trident Public Risk Solutions brand and underwriting platform to Paragon Insurance Holdings. The transaction is expected to close in the coming months, and Bermudian-based re/insurer Argo ...

The Bermuda Economic Development Corporation was this morning celebrating the success of a Christmas programme designed to spread holiday spending more evenly around Bermuda. The BEDC revealed that during their 24-day Christmas shop to draw initiati...