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Belco has declared its in-principle support for the island’s first Integrated Resource Plan. The IRP, released by the Regulatory Authority of Bermuda on Thursday, outlines the framework for the island’s energy requirements over the next 25 years. Bel...

Sun Life Financial International welcomed Team Bermuda athletes at its Hamilton office to celebrate their achievements at the 2019 NatWest Island Games in Gibraltar. The team won six silver medals and eight bronze medals at the Games. Sun Life, a sp...

One Communications Ltd has reported net income of $7.7 million for the first six months of 2019, an increase of $500,000 year-on-year. The telecommunications holding company, with operations in Bermuda and the Cayman Islands, had shareholders’ equity...

Bermudian-based Arch Capital Group Ltd has reported net income for the second quarter of $458.6 million, nearly double the $233.2 million achieved for the same period last year. After-tax operating income was $317.4 million, compared to $242.6 millio...

Axa XL has awarded the 2019 Axa XL Scholarship Mount Saint Agnes Academy Valedictorian Conor Sinclair. The Axa XL Scholarship is a four-year full scholarship open to students who are Bermudian or hold Permanent Resident Certificate status and are wor...

Shares of One Communications Ltd fell by 25 cents, or 6.3 per cent, to $3.75, after 200 traded on The Royal Gazette/BSX Index. Butterfield Bank shares closed 55 cents, or 1.7 per cent down, at $32.50 after 300 changed hands, while in New York the ban...

Members of Abir chalked up more than $100 billion in gross premium for the first time in 2018, according to a survey by the re/insurance industry organisation. The Association of Bermuda Insurers and Reinsurers today released the 2018 global underwri...

Bermudian-based Everest Re Group Ltd has reported second quarter net income of $342.9 million, compared to $69.9 million for the same period last year. After-tax operating income was $320.9 million, compared to $40.4 million, year-on-year. The compa...

Darren Donnithorne and Dantae Williams have been appointed directors of Marshall Diel & Myers Limited. They join existing directors Georgia Marshall, Mark Diel, Ronnie Myers, Katie Tornari and Adam Richards at the Bermudian-based law firm. Mr Donni...

Markel is to set up a new retrocessional insurance-linked securities platform in Bermuda. The American insurance company added that island-based unit Markel Catco Investment Management will stop accepting new investments and the funds it oversees wi...