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Bermudian reinsurer RenaissanceRe Holdings Ltd is to offer $400 million of senior notes. The notes offer investors a 3.6 per cent yield and are due 2029. The company said it expects to close the offering on or about April 2, 2019, subject to customar...

The newly re-elected chairwoman of the Bermuda branch of the Institute of Directors says its members can play a larger role on the boards of island-based companies. Rochelle Simons says she wants to raise the profile of IoD members who are available ...

Bermudian-based mutual insurer Oil Insurance Ltd has reported a net loss for 2018 of $675.6 million. Oil recorded a $404.6 million underwriting loss. The net loss figure factors in net investment losses and administrative expenses. The year-end finan...

Bermudian reinsurer Watford Holdings Ltd started trading on the Nasdaq Stock Exchange today. Existing shareholders of the company, which was founded by Bermudian re/insurer Arch Capital five years ago, were aiming to sell 3.59 million shares in an of...

The Royal Gazette/BSX Index was unchanged on 2,139.23 as no shares traded. Butterfield Bank did trade on the New York Stock Exchange, with its US-listed shares gaining 34 cents, or 0.97 per cent, to close on $35.40. The BSX Insurance Index fell 0.32 ...

Omega Dark will become Bermuda’s first licensed cryptocurrency exchange. David Burt, the Premier, announced this month in the House of Assembly, that the exchange’s parent company, Omega One was to receive its digital asset business licence. The comp...

Bermudian-based Hamilton Insurance Group, the holding company for insurance and reinsurance operations in Bermuda and at Lloyd’s, has announced two executive-level appointments, and one departure from the company. Peter Barrett, former chairman of Ll...

Dave Wilson, global president and chief operating officer of Patrón Spirits International and The Patrón Spirits Company, retires on Monday, a year after the merger with Bermudian-based Bacardí Ltd. Pete Carr, president, Bacardí North America, will t...

Bermudian entrepreneurs have received a welcome boost with the launch of Ignite Bermuda, the island’s first privately-funded entrepreneurial accelerator. Ignite, organisers say, will enhance the island’s ecosystem for start-ups and small businesses b...

Lahey Hospital will soon be providing specialist care at the Bermuda Medical Specialities Group clinic on Reid Street. Officials at BMSG announced an agreement with the Massachusetts hospital today. Lahey medical experts will see endocrinology, aller...