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ZURICH (Bloomberg) — Martin Senn, the Zurich Insurance Group AG chief executive officer who stepped down in a December reshuffle, has died, the company said in a statement yesterday. He was 59. The family informed Zurich Insurance that Senn had taken...

Aon Insurance Managers Bermuda has appointed a new managing director. Anup Seth, former managing director of Ace Bermuda International in Ireland, will be responsible for the leadership and oversight of captive and insurance operations on the island....

The biggest winner on the Bermuda Stock Exchange today was telecoms firm KeyTech, which rocketed by $1.05, or 53.8 per cent. The jump came after 500 shares in the company traded — which added about $45 million to its market capitalisation. The Royal ...

Bermudian insurance firm Argus aims to acquire a Maltese broker in a bid to diversify and expand its global reach. Alison Hill, chief executive officer of Argus, said the firm is to acquire Island Insurance Brokers on the Mediterranean island. Ms Hil...

Bermuda Commercial Bank has defended its standing after it was downgraded by a ratings agency. Debra Shields, BCB’s interim chief executive officer, said the bank had been strengthened by its acquisition of UK-based Private & Commercial Finance Group...

Bermudian restaurateur Ryan Brining turned his back on the world of high finance to pursue his dream job. Now the former investment banker is celebrating the opening of his first venture, the White Maple Café in Ridgewood, New Jersey. Mr Brining, 28,...

Tech firm Gateway is to highlight the need for cybersecurity. The firm has signed up Michael Sutton, chief information security officer of the world’s largest cloud-based cybersecurity firm, Zscaler, to visit the island this week to meet people inter...

Fitch Ratings has affirmed Butterfield Bank’s viability rating at “bbb-” and says it expects the bank’s earnings to improve in the coming years. Fitch has a positive view on the Butterfield’s “strong market position, liquid balance sheet, and solid ...

A “lunch and learn” session on an online accountancy tool is to be held by the Bermuda Chamber of Commerce. Kendaree Burgess, the Chamber’s executive director, said: “We are pleased to offer our members a wide variety of learning options to help impr...

Shares of KeyTech Ltd slumped to a new 52-week low on heavy volume in Bermuda Stock Exchange trading last week. The telecommunications group dipped five cents, or 2.5 per cent during a week shortened by the Bermuda Day holiday to close on $1.95, as 6...