Log In

Bermudian-based insurtech start-up Envelop Risk has struck an underwriting partnership with global re/insurer MS Amlin. Envelop, a specialty cyber re/insurance analytics and underwriting firm, made the announcement at the Rendezvous reinsurance event...

As insurance-linked securities head for a record year of issuance, Brian Duperreault has spoken of the huge potential ILS presents for American International Group. He said it is a way to reduce volatility for the company, and is something that will ...

A Bermudian-born company that uses high-tech drones to produce useful data for the agricultural and construction industries has launched a new product to help with crop insurance claims. Skymatics, a Canadian-based sister company of Bermuda Aerial ...

Bank stocks took a tumble on The Royal Gazette/BSX Index. Shares of HSBC Holdings fell by 30 cents, or 3.46 per cent, to close at $8.35 after 17,894 traded, meanwhile Butterfield Bank was down 90 cents, or 1.7 per cent, at $51.25 after 5,287 changed...

Stamp duty in Bermuda is a tax applied to documents, known as “instruments” under the tax. Any instrument signed in, or brought into, Bermuda is potentially liable to stamp duty, unless specifically exempt. The Stamp Duties Act 1976 describes instr...

The top role at Island Trading has passed from mother to daughter as the business celebrates its 35th anniversary. Gillian Forge, who founded the company in 1983, has handed over the running of the business to her daughter Laura Farge-Lowe. The store...

Shares of One Communications Ltd improved by five cents, or 1.8 per cent, to $2.90 after 7,000 traded on The Royal Gazette/BSX Index. Watlington Water shares fell by $1, or 4.5 per cent, to $21 after 10,000 changed hands, while Argus Group Ltd was d...

AM Best has affirmed the credit ratings of island insurer BF&M Ltd. Three of the group’s operating companies — BF&M General Insurance Company, BF&M Life Insurance Company and Cayman-based Island Heritage Insurance Company — retain their financial str...

Bermuda’s reinsurance market is facing multiple challenges, but it attractiveness to companies remains strong, says ratings agency AM Best. In a report on the global reinsurance sector, Best said challenges faced by the island’s flagship industry inc...