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Francis Mussenden, an intern with OBM International, has been awarded the Stanley G. Kennedy Architectural Award by the Institute of Bermuda Architects. Mr Mussenden receives a cash award of $8,000 to assist with education costs. A graduate of Warwic...

Adam Barboza has been appointed director of corporate social responsibility at Aspen Insurance. The company says the role has been created to put additional focus on how the re/insurer can make a difference to its communities through charitable and s...

When Michael Hanson set about creating a law firm from scratch, he had a clear idea about how to approach the task. In November 2017, the Bermudian lawyer left a partnership position at Appleby and the next day registered as a sole proprietor trading...

The Bermuda Foundation for Insurance Studies has awarded $340,000 in scholarship funding to 16 students focused on careers in Bermuda’s insurance sector. Since the foundation was founded in 1996 it has awarded more than $6.8 million, in scholarships...

Shares of Butterfield Bank were down $2.50, or 7.7 per cent, at $30 after 3,200 traded on The Royal Gazette/BSX index. Tha bank’s shares were up 17 cents, or 0.6 per cent, at $28.31 on the New York Stock Exchange. In the local exchange, shares of Arg...

Arbitrade’s chief operating officer Stephen Braverman has left the company and is leading a new business that owns the crypto tokens once controlled by Arbitrade. Separately, a gold company in the US said it stopped doing business with Sion Trading F...

Renters of electric minicars in Bermuda now have a more muscular option to consider. Rugged Rentals has launched, offering the Hummer HXT, an electric twist on the iconic American vehicle, with a restricted top speed for safety purposes, and a range ...

Essent Group Ltd has reported net income of $136.4 million, or $1.39 per diluted share, for the second quarter. That is up on the $111.8 million for the same period last year. Mark Casale, chairman and chief executive officer, said: “We are pleased w...

Robert Myron has stepped down as chief executive officer of James River Group Holdings Ltd due to ill health caused by Lyme disease. He has taken on the positions of president and chief operating officer, and remains on the board of directors. J. Ada...

SOBC DARAG has announced its new office in Bermuda as it expands its US and Bermudian operations. It is owned by DARAG Group investors, and is the principal vehicle for North American legacy transactions. It said the Bermuda team will provide “a full...