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The island’s insurance companies have begun to pay out after receiving hundreds of claims for damage caused by Hurricane Humberto. The Category 3 storm hammered Bermuda last Wednesday evening and into Thursday morning, causing widespread power outage...

Governance, risk compliance and cybersecurity will be just a few of the topics on the agenda at the 2019 annual “Going Digital” conference on Friday. David Burt, the Premier, will give the keynote address at the conference, jointly hosted by informa...

No shares traded on the Bermuda Stock Exchange. The Royal Gazette/BSX Index was unchanged on 2,116.38. The BSX Insurance Index climbed 2.15 points, or 0.12 per cent, to close on 1,761.64. Butterfield Bank’s US-listed shares fell 18 cents, or 0.57 per...

Bermudian-based Nephila Capital, the world’s largest manager of insurance-linked securities, has selected finance automation software provider Phinsys to provide the accounting and finance platform to support the launch of its Lloyd’s managing agency...

Maurice “Hank” Greenberg is to receive a “lifetime leadership” award from St John’s University’s School of Risk Management, part of The Peter J. Tobin College of Business. Mr Greenberg is chairman and chief executive officer of CV Starr, Starr Insura...

The Corporation of Hamilton has issued a request for proposal regarding the operation of the Hamilton cargo docks. A statement issued by the corporation said: “The port of Hamilton is a dynamic port facility. By supporting cargo ship calls it has be...

Bermuda insurance industry veteran Fiona Luck is expected to be confirmed today as chairwoman of an independent advisory group set up by Lloyd’s of London to ensure that sweeping reforms to its culture are carried out. The Sunday Times reports that M...

Butterfield Bank is to lower the interest rates it charges on personal loans and mortgages. The decreases, announced yesterday after stock markets closed, are in step with the recent 25 basis point decrease in the federal funds rate in the United Sta...

Tucker’s Point Real Estate has hosted members of the island’s real estate community at a reception held with the aim of strengthening the project’s relationships with brokers and agents in Bermuda. A spokesman for Tucker’s Point RE said the reception...

Bermuda’s only cargo dock may be operated by a new licensee for the first time in more than half a century. The Corporation of Hamilton has issued a request for proposal for the “exclusive maintenance, improvement and operating concession” for the Po...