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Argus Group is selling its private placement life business to Puerto Rico-headquartered Advantage Insurance Inc. Financial terms of the deal have not be disclosed. The transaction is expected to be completed before the end of September. The sale incl...

Five Bermudian winners of the Vend 2 Win competition are heading to New York to showcase their products at a thriving Brooklyn market on Sunday. Four of the group received an official send-off from Jahmahl Simmons, the economic development minister, ...

Three Bermudian companies and three overseas companies have been awarded contracts to work on the new passenger terminal building at LF Wade International Airport. The installation of drywall and metal ceilings in the new terminal will be a joint ve...

Jamie Miller has joined American International Group from Swiss Re. He has been appointed North America property chief underwriting officer, general insurance. Mr Miller has more than 35 years of experience in the industry, and has previously worked ...

Bermuda is positioning itself to gain a share of the blockchain market — a market that could double in size to be worth $1 trillion by the end of this year. Stan Stalnaker has been keeping a close eye on the island’s development in the space, and sai...

Bermudian-based Everest Re Group Ltd has launched a new transportation and logistics business segment within Everest Insurance, led by Jeff Engelbrecht. It will offer customers multiple lines of coverage, including workers’ compensation, employers’ ...

A reception to honour one of Bermuda’s captive industry stalwarts is being held on Friday. Michael Frederick Bott, who died last year, came to Bermuda in 1968 and had a long career in the captive and risk management sector. Born in the English Midla...

Passengers and visitors at LF Wade International Airport should have plenty of food and drink options to choose from when the new terminal opens in 2020. Plans have been drawn up for almost 11,000 sq ft of food and beverage concession space, split be...

Bermudian-based insurance holding company Sirius International Insurance Group Ltd is to merge with asset management company Easterly Acquisition Corp. The combination will result in Sirius becoming a publicly listed company, with shares to be listed...

Two senior US insurance regulatory leaders and the chief executive officer of the UK government-backed terrorism reinsurer will be keynote speakers at a 25th anniversary leadership forum hosted by the Association of Bermuda Insurers & Reinsurers next...