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BF&M Limited has reported a shareholders’ net loss of $12.3 million for the six months ended June 30, compared with the shareholders’ net income for the same period in 2021 of $14.8 million. Net income from operations, after excluding the negative f...

Dedicated reinsurance capacity is expected to drop for 2022 after a changing environment that has reversed the factors that had made it grow, a new report from AM Best has warned. Last year, capacity increased to $568 billion, driven by an increase o...

Tika Gilbert has been appointed president of the Institute of Bermuda Architects. Ms Gilbert is a RIBA chartered architect, registered in the UK, an International Associate of AIA, and a graduate of Kingston University, London. She returned to Bermu...

Aran Giffen and Salayah Stange have been selected as recipients of the 2022 EY Gil Tucker Bermuda Scholarships. The scholarship fund was created in honour of Gil Tucker, who retired in 2015 and held the position of EY Bermuda country managing partner...

White Mountains Insurance Group Ltd has commenced a "modified Dutch auction" self-tender offer to purchase up to $500 million in value of its common shares, at a purchase price between $1,250 and $1,400 per share, in cash, less any applicable withhol...

Three new Deloitte Bermuda partners have been appointed: Andy DeGregorio, tax and legal; Eric Wehrwein, audit and advisory; and, Ed Willmott, financial advisory. Mr DeGregorio joined the tax practice at Deloitte Bermuda after working in the US. He s...

The RG/BSX Index climbed 37.70 (1.59 per cent) to close at 2,401.75, buoyed by insurance stocks trading on the Bermuda Stock Exchange. Argus Group Holdings Ltd closed at $6.35, up a nickel (0.8 per cent) on a volume of 9,000 shares. BF&M Ltd closed u...

Liberty Mutual Insurance has appointed Kevin Smith as president of Global Risk Solutions North America. Reporting to GRS president Neeti Bhalla Johnson, Mr Smith will be accountable for delivering GRS North America's financial and operational perform...

More than two years after the world first locked down for Covid, supply-chain disruptions are still impacting the global auto industry. Among the affected businesses are Pembroke’s Auto Solutions and the Hamilton dealership Bermuda Motors. The bigges...

Registration is now open for Dive In, the insurance industry’s most prominent voice for a progressive future for almost a decade. The international festival, consisting of virtual and physical events in some 40 countries, will take place September 27...