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After an 18-month hiatus Western Union money transfer services are once again available in Bermuda. The company launched a new office in the City of Hamilton on Friday under agents Blue Nile Ltd, run by Jerome Dill and Sasina Mekonnen. Andre Largie...

Two Bermudian-based executives have been elected to the board of the US reinsurance trade association. The Reinsurance Association of America announced that Kathleen Reardon, chief executive officer of Hamilton Re, will be the vice-chairwoman of its ...

One of Bermuda’s most expensive waterfront properties has hit the market. The Residence, an eight-bedroom home on 5.5 acres in Hamilton Parish, is listed for $21.5 million by agents Rego Sotheby’s International Realty. Situated next door to luxury re...

Appleby Bermuda partner Vanessa Schrum will be speaking next week at a prominent Caribbean conference for specialists in family inheritance and succession planning. Ms Shrum will be at the 20th Anniversary STEP Caribbean Conference in Nassau, Bahamas...

Athene Holding Ltd made a profit of $708 million, or $3.64 per diluted share, in the first quarter, a big increase on the $277 million, or $1.40 per share, it reported a year ago. The improvement was said to have been driven by favourable changes in ...

Everest Re Group Ltd made a profit of $348.9 million, or $8.54 per diluted share, for the first quarter. That was up from $210.3 million, or $5.11 per share, a year ago. After-tax operating income was $282.4 million, or $6.91 per share, compared to $...

Ryan Specialty Group and Nationwide have teamed up to form a new Bermudian reinsurance company called Geneva Re. Michael O’Halleran will be the new company’s executive chairman. Mr O’Halleran is well known in the industry, having previously served as...

A total of 20,000 shares of Argus Group Holdings Ltd changed hands on The Royal Gazette/BSX Index, but there was no change to the closing price of $3.25. Forty shares of BF&M Ltd were also exchanged, but with no impact on the closing price of $14.85....

The Bermuda Chamber of Commerce is to host a lunch-and-learn information session for real estate brokers on the topic of independent anti-money laundering audits. The session will be held in the chamber boardroom tomorrow from 12.30pm to 1.30pm. Pres...

Bermudian-based bond insurer Assured Guaranty played a key role in an bond restructuring agreement that could enable Puerto Rico’s power utility to stabilise its finances. Debt-saddled Prepa struck a deal with a group of creditors that seeks to allow...