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Insurance investment firm Cedent Ltd has teamed up with Nephila Capital to create a new Bermudian-based firm to advise corporations and countries on managing climate risk. Resilience Economics Ltd will be backed by $500 million from Nephila, which is...

A business that encourages a holistic approach to fitness has seen strong growth in its first year in operation. Scott Smith, transformation coach and owner of Holistic Fitness BDA, aims to improve the lives of others through a positive mindset, hea...

As stock markets continue to set record highs, equities remain the place to be for investors — at least in the near term. That is the assessment of Hilary Wakefield, EFG Asset Management’s head of portfolio management in the UK. He believes a market ...

Lancashire Holdings Ltd reported a third-quarter, pre-tax loss of $136.4 million on major catastrophe losses. But the Bermudian insurer is seeing signs of better pricing and is upbeat on the outlook for 2018. Lancashire recorded net losses from hurri...

Catastrophe losses of $3 billion before tax, caused primarily by hurricanes Harvey, Irma and Maria, impacted American International Group’s third-quarter earnings. The company reported a net loss of $1.7 billion, or $1.91 per share. That compares wit...

HSBC Holdings’ shares were down 30 cents, or 3.04 per cent, at $9.55 after 45,777 traded on The Royal Gazette/BSX Index. Also falling was BF&M Ltd, down five cents, or 0.3 per cent, to $18.25 after 3,050 shares changed hands. Shares of Ascendant Grou...

Pre-tax catastrophe losses estimated at $104.5 million impacted the third quarter earnings of Argo Group. The Bermudian-based company reported an adjusted operating loss of $57.4 million, or $1.91 per share, compared to operating income of $34.4 mill...

Six insurtech start-ups will pitch their industry-disrupting business models during the GR Innovation & Insurtech conference, which is being held at Rosewood Bermuda on Monday. And the start-up entrepreneurs will only have five minutes each to impre...

ATN International, the US company that owns 51 per cent of One Communications, suffered losses in the third quarter as a result of hurricanes Irma and Maria striking the Caribbean. The Massachusetts-based company has reported an operating loss of $19...

When a young student turned up to take part in an educational trip aboard the Spirit of Bermuda sloop, there was a problem. Students had been advised to bring wet weather gear to protect them from waves and rain, and to keep them warm during night wa...