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Bermudian reinsurer RenaissanceRe is teaming up with Reinsurance Group of America to launch a new life reinsurer. Langhorne Re, which will be based in Bermuda, is backed by $780 million of initial capital committed by RenRe and RGA, as well as third-...

For a third consecutive year, Two & Quarter Photography Ltd has won the WeddingWire Couples’ Choice Award for Photography in Bermuda. The St George-based photography studio was awarded the title solely based on reviews from newlyweds and their experi...

TreeCon Ltd is offering a 5 per cent discount on all products to customers over the age of 65. In addition, the company has introduced lower pricing on all of their window and shutter products, regardless of brand. “We recognise that seniors need to...

For two decades, The Learning World has been supporting education through the supply of resources that help children to learn. Shunna Muhammad, the owner of the teacher supply and educational toy shop on Farmstead Lane, Sandys, said her own entrepren...

Shares of Ascendant Group, the parent company of Belco, improved by 30 cents, or 3.2 per cent, to $9.80 after 2,000 traded on The Royal Gazette/BSX Index. Also improving were shares of Butterfield Bank, which were up 75 cents, or 2 per cent, at $38 a...

Paul Naylor is to succeeded Stephen DeSilva as chief operating officer at Conyers Dill & Pearman. Mr Naylor will assume the role on April 1, the day after Mr DeSilva retires after more than 25 years with the firm. Before joining Conyers, Mr Naylor wo...

A new tyre dealership and repair service business has opened in Southside. Quality Tires and Services is operated by Andrew Roberts, who has extensive experience in the industry. The business is based in a retail unit at Southside, and has a well-sto...

Somers Ltd, the financial-services investment holding company that owns Bermuda Commercial Bank, said yesterday that it repurchased 600 of its own shares during December. The average cost was $14.50 per share, the company said in a filing with the Be...

Axis Capital Holdings Ltd has received authorisation from Lloyd’s for Axis Managing Agency Ltd to commence management and oversight of Novae Syndicate 2007 and SPS 6129. Axis bought Novae Group last year for $611.4 million. The authorisation became ...

Shares of Butterfield Bank were 85 cents, or 2.25 per cent higher at $38.70 on The New York Stock Exchange. There were no trades on The royal Gazette/BSX Index, which was unchanged at 2,184.79. The BSX Insurance Index was up 7.53 points, or 0.42 per ...