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Neon has lured Bermudian underwriter Dwayne Hunt from Chubb as the London-based insurer expands its new Bermuda office. Mr Hunt will join Neon as senior vice-president, property insurance, and will be based in the Victoria Street office Neon opened i...

Shares of insurer Argus Group surged today, rebounding from a double-digital fall in Bermuda Stock Exchange trading last week. Argus closed up 54 cents, or 13.5 per cent, at $4.55 after 2,000 changed hands. Bank of Butterfield dropped 5 cents to $25....

Dear Dave, I’m 23, and I lost a good job a few days ago due to layoffs. My wife has been a stay-at-home mom with our ten-month-old daughter, and we have very little in the way of savings. What can we do to keep our heads above water? — Seth Dear Set...

Sandell Holdings Ltd, the parent company of a Bermuda reinsurer, has listed $53 million of shares on the Bermuda Stock Exchange. And after advising Sandell through the process, Estera and law firm Appleby are hopeful that more commercial insurers wil...

A new hotel created from the shell of Dockyard’s historic Victualling Yard is on the cards. But the development — part of a multimillion dollar plan to make the old Royal Navy base a key hub for tourists and residents alike — is just one part of the ...

Reinsurance firm Somerset Re has raised it share capitalisation to $375 million, with help from a group of investors. Somerset Re said three strategic investors and a group of wealthy individual investors had put up capital. Somerset Re, formerly kno...

Two insurance registrations were confirmed by the Bermuda Monetary Authority last month. Excelsior Insurance Limited, and New England Pediatrics Indemnity, both Class 2 insurers, were confirmed. In the year-to-date, the BMA has confirmed the registr...

Insurance company BF&M Ltd wore its heart on its sleeve yesterday, and it was not alone. Hundreds of people joined the BF&M 20th Anniversary Breast Cancer Awareness Walk, helping to spread the word and boost the fundraising effort that during the pas...

A group backed by Bermuda reinsurers has called on US presidential candidates Hillary Clinton and Donald Trump to back moves to switch American focus to mitigating risk from natural disasters. SmarterSafer, whose members include consumer advocates, ...

The Bank of Butterfield today closed down 5 cents at $25.05 in Bermuda Stock Exchange trading. The move, equal to 0.2 per cent, came after 14,200 shares traded. The bank’s price on the New York Stock Exchange also fell — down 15 cents, or 0.59 per ce...