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Axis Capital is among the finalists for the Institutional Investor magazine’s 16th Annual Hedge Fund Industry Awards. The awards will be awarded in New York City on June 28. Bermudian-based Axis Capital is one of four finalists in the Insurance Inves...

Switching its UK office from London to Farnborough Airport, about 40 miles southwest of the capital city, is bringing benefits for the Bermuda Civil Aviation Authority. “A big advantage is being in the aviation environment. Farnborough Airport is th...

Neil Lee-Amies has joined Hamilton Underwriting Limited as head of treaty. Hamilton Underwriting is the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group. Mr Lee-Amies will report to active underwriter Miles Oso...

The first in a series of events aimed at promoting the professional development of women in the insurance and reinsurance sectors will take place next week, having been postponed from last month. The Bermuda Insurance Institute is organising a progra...

Everest Insurance, the diversified speciality insurance division of Everest Re Group Ltd, is expanding its global contingency business. Since 2013, Everest Insurance, through its Specialty Insurance Group, has been a growing in the contingency space,...

Shares of Ascendant Group were up 15 cents, or 0.9 per cent, at $16 after 1,000 traded on The Royal Gazette/BSX Index. There was also trading in 280 shares of Butterfield Bank, and 1,500 shares of Argus Group Holdings, but with no change to the closi...

US law firm Drinker Biddle’s insurance regulatory and transactional team and the Bermuda Foundation for Insurance Studies will be hosting a presentation titled, Insurtech Innovation in the US — Current Regulatory Pressure Points, at the Hamilton Prin...

A local entrepreneur hopes to revolutionise the treatment of Bermuda’s tank water. Twenty-nine year old Ananda Hill, owner of the mobile business AquaCare, believes Bermuda’s water standard is worse than a Third World country. “The current state of a...

Multinational companies’ practice of booking profits in low-tax jurisdictions like Bermuda to avoid high corporate taxes elsewhere may become more lucrative as a result of the US tax reform. That was the finding of a Reuters report that highlighted p...

Clarien Bank has reported a full year profit of $3.9 million, up 220 per cent compared to 2016. In a statement the bank said it had made significant investments in expanding its product portfolio, enhancing operational efficiencies and “maintaining d...