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The Bermuda captive of one of the world’s largest companies has continued strong operating results over the past five years, driven partly by robust underwriting profits and the absence of large losses. Some evidence of this for the single-parent cap...

Amid highly uncertain market conditions, rating agency AM Best said it was maintaining a stable outlook on the global reinsurance industry because there were counterbalancing positive and negative factors. Negative drivers for the industry include th...

A London-tech executive said Covid-19 could be pushing the digitisation of the insurance market in Bermuda, at least when it comes to insurance placing, a key part of the insurance process. John Irving, a senior account manager at Web Connectivity Li...

AM Best has affirmed a financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Harrington Re Ltd. AM Best has also affirmed the long-term ICR of “bbb-” (Good) of Harrington Reinsurance Holdings Limite...

The RG/ BSX Index jumped 53.63 points (2.27 per cent) to close at 2,413.97, driven by the trading of 3,076 shares of Bank of N.T. Butterfield Ltd., which closed up a dollar (3.0 per cent) at $34 at the close of the Bermuda Stock Exchange. No other is...

Retailers threatened by the rise of e-commerce need the Christmas holiday shopping season more and more to rescue their financial year. Increasingly, they have welcomed the added feature of the Black Friday/Cyber Monday boost. But not Makin’ Waves on...

Bermuda’s entrepreneurial community has been celebrated at the annual BEDC Business Awards. Presented by the Bermuda Economic Development Corporation, more than 100 people attended the ceremony hosted by Nishanthi and Nadanja Bailey at the Queen’s Ex...

Some 40 businesses owned by women will offer products and services this week at the Women Owned Wednesday market at the Bermuda Athletic Association gymnasium. The event, which runs from 6pm until 9pm, is presented by WOMB (Women who Own and Manage B...

Mosaic Insurance is ramping up its global growth plan with the opening of an office in Frankfurt to meet high demand for cyber and transactional liability coverage through continental Europe. The office marks the sixth for the Bermudian-based global ...

CrossTower, the global crypto currency trading platform with an office in Bermuda, has agreed to acquire Bequant, a leading prime brokerage and digital asset exchange, for an undisclosed amount. The organisation also announced the launch of the first...