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Major building projects in the US would boost the economy and demand for insurance and reinsurance. Kevin Kelley, the chief executive officer of Bermuda-based Ironshore, said poorer-than-expected economic performance in key regions had led to a weake...

Shares of KeyTech Ltd and BF&M Ltd fell during Bermuda Stock Exchange trading last week, while Argus Group Holdings Ltd was the only stock to rise. The Royal Gazette/BSX Index fell 8.5 points, or 0.7 per cent, to close the week on 1,165.6. The most ...

The European Commission and the World Bank have signed a $15.8 million agreement to fund a Caribbean catastrophe insurance fund. The two organisations said the agreement will help Central American countries and the Dominican Republic gain access to c...

Bermudian-based insurer and reinsurer Endurance has announced investment losses of $28 million. The company — due to announce its first-quarter results next month — said it expected its net investment income for the period to be $11 million. An Endur...

A regulatory expert from professional services firm PwC is to speak at a Bermuda-based international conference today. Anthony Conte, asset and wealth management regulatory leader at PwC US, will discuss cybersecurity for investment advisers at the R...

White Mountains Insurance Group has completed the sale of Sirius International Insurance Group to a subsidiary of CM International Holding. The estimated gross sale price is $2.59 billion. As a result of the sale it is estimated White Mountains’ adju...

The Royal Gazette/BSX closed up 4.88 points, or 0.42 per cent, at 1,170.48. The sole trading was in insurance company BF&M, which was up 65 cents, or 4 per cent, at $17 after 1,200 shares traded. The BSX Insurance Index ended the day up 2.74 points, ...

Clarien Bank is to receive a cash injection of $12.6 million from its sole shareholder Edmund Gibbons Ltd and a Canadian private-equity firm. The investment will enable Clarien to exceed the tougher capital regulatory requirements of the Basel III st...

Dear Dave, My husband and I are just starting to get control of our finances, but we have a problem. My dad has a habit of expecting us to buy things for him. I know he has money, but anytime he knows we’re going to the store, he gives us a list of t...

A deal that will see Atlantic Tele-Networks, the American telecommunications company, take a controlling interest in KeyTech has passed one of its last hurdles, with the Regulatory Authority of Bermuda granting approval. That decision now goes to Gra...