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Tough market conditions mean a wave of mergers and buy-ups in the reinsurance sector is set to continue, experts predict. But Standard & Poor’s Global said activity will be at a “measured pace” because of high valuations, and that mergers still carri...

HSBC Holdings shares were up 15 cents, or 1.53 per cent, at $9.90 after 5,902 traded on The Royal Gazette/BSX Index. The stock was the only mover. Some 1,500 shares of Butterfield Bank, and 1,300 shares of Ascendant Group were also exchanged, but wit...

Dear Dave, I currently have student loans in deferment from earning a degree in hospitality management. My career goal is to own a mobile food vending company, so I’m putting most of the money I make from eBay and ride-hailing services — around $1,00...

XL Catlin has made four appointments to its North America Aviation Insurance team. Three of the appointments have been made in Canada, and one in the US. David Watts, has been named vice-president, Canadian Aviation Manager, Canada. He joined XL Catl...

Ratings agency AM Best is hold an insurance market briefing in Bermuda in October. Analysts from the company will deliver market insights, present and overview of the state of the industry and discuss ratings trends. AM Best experts will also present...

A little piece of Bermuda that is more than 3,000 miles away has been sold for a cool $55 million. The Bermudian-styled home has an enviable hilltop location overlooking the Pacific Ocean. With its pastel blue walls, white shutters, covered veranda a...

A senior reinsurance underwriter who is passionate about helping others to thrive in the workplace has written a book to motivate and encourage others. Lorene Phillips has been working in the insurance and reinsurance sector for more than 25 years. H...

American International Group has reported a $1.1 billion profit for the second quarter. Now headed by Bermudian Brian Duperreault, the company’s net income for the quarter was $1.19 per share, and was down from the $1.9 billion, or $1.68 per share, i...

Duncan Hennes and Valerie Rahmani have joined the board of Bermudian-based RenaissanceRe Holdings Ltd. They have been appointed as independent directors. Mr Hennes is the co-founder and Partner of Atrevida Partners, LLC. While Dr Rahmani most recentl...

The Royal Gazette/BSX Index edged up 0.96 points. or 0.05 per cent, to close at 2,052.57 ahead of the Cup Match holiday. The only stock to trade was Ascendant Group. Its shares were up 10 cents, or 1.1 per cent, at $8.99 after 1,000 were traded. Mea...