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Argo Group International Holdings saw its net income improve to $46 million in the second quarter, compared with $30.9 million for the same period in 2016. The Bermudian-based company also saw 22 per cent increases in gross written premiums to $687.2...

A decade-old record for the value of catastrophe bonds issued in a single year has been broken. The first six months of this year saw a greater value of cat bond issuance than during the full-year record set in 2007. Major bond issuances, covering ea...

Somers Limited was one of three stocks that closed lower on The Royal Gazette/BSX Index. Somers was down 25 cents, or 1.9 per cent, at $13.25 after 2,300 of its shares traded. Ascendant Group slipped 10 cents, or 1.1 per cent, to $8.89 after 949 sha...

Susan Lane has joined Willis Towers Watson in Bermuda as director, consulting and development for North America and senior captive consultant, part of the company’s Global Captive practice. Ms Lane was previously with Tokio Solution Management where ...

A new handbag called “Bermuda Born” has been launched by Bermudian Patrice Morgan. She is no stranger to creating a brand as she introduced the Showoff Magazine to Bermuda back in 2004 after graduating with a BA in Fashion Design and Merchandising f...

The Royal Gazette/BSX Index closed the week 10.5 points lower, or 0.51 per cent, at 2,052.57. One Communications saw its shares improve five cents, or 2.3 per cent, to $2.20 after 2,500 traded. Ascendant Group was up four cents, or 0.4 per cent, at $...

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...