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David Schick is the new group chief operating officer at Aspen Insurance Holdings Limited. He replaces Richard Thornton who is leaving the company after almost four years. Mr Schick was formerly an executive vice-president at Maybank. Chris O’Kane, g...

With the use of everyday analogies, the concept and possible applications of blockchain were brought into focus at the second annual XL Catlin Cyber Seminar. A short history of the evolution of blockchain and its possible future was presented by Noel...

A total of 654 shares of HSBC Holdings, worth $6,245, traded on The Royal Gazette/BSX Index. The stock closed unchanged at $9.55. The local exchange remained unmoved at 2,266.8. On the New York Stock Exchange, shares of Butterfield Bank rose 71 cents...

Brit Ltd is to relocate its Gibraltar-based captive reinsurer to Bermuda. The international general insurance and reinsurance group, which is headquartered in the UK, said it expects to complete the relocation of Brit Insurance (Gibraltar) PCC Ltd by...

A former executive of BMO Bank of Montreal has joined the board of BF&M Limited. Gordon Henderson recently retired as president and chief executive officer of BMO Life Insurance Company, where he had oversight of the bank’s creditor insurance, life i...

Alissa Fredricks has been appointed chief executive officer, Bermuda Markel Catco Investment Management Ltd. She will assume responsibility for all of Markel Catco’s operations at its offices on the island. The newly created position takes immediate ...

Argus Group’s ratings have been upgraded by AM Best. In a statement, AM Best said the upgrades reflect Argus Group’s improved balance sheet strength and consistent favourable operating performance The agency has upgraded Argus Group’s financial stren...

XL Catlin has been ranked “Highest in Customer Satisfaction among Insurers with Large Commercial Insurance” in the JD Power 2017 Large Commercial Insurance Study. It is the second consecutive year the company has taken the top spot. Greg Hendrick, pr...

A lifestyle boutique has expanded to a second shop in the Town of St George, selling apparels, antiques and gifts. Urban Cottage, which has its original store on Front Street, opened the doors to the new outlet in the east end last week. Nicole Golde...

Ten years after the start of the global financial crisis that shook the world, a panel of experts discussed the issue of where financial stability is today. The topic was explored at a Bermuda Monetary Authority industry event, held following the con...