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Resolution Re, the Bermudian reinsurance platform of Resolution Life, the long-term legacy life insurance solutions provider, has entered into a reinsurance agreement with The Dai-Ichi Life Insurance Company Limited of Japan. The agreement transfers ...

Everest Reinsurance, the reinsurance division of Bermudian-based Everest Re Group Ltd, has announced Brent Hoffman will join the company as senior vice president, head of claims and chief operations officer at the end of July. He will report directly...

The RG/BSX Index finished at 2,246.62, up 4.28 points or 0.19 per cent. Argus Group Holdings Ltd closed at $6.35, up four cents (0.6 per cent) on volume of 10,100. Bermuda Aviation Services Ltd. ended at $1.65, up 60 cents or 57.1 per cent on tradin...

American Overseas Group Limited, the Bermudian-based holding company, has reported consolidated net income available to common shareholders of $700,000, or $15.06 per diluted share, for the three months ended March 31. This compares with consolidated...

Relm Insurance has explained that a Canadian regulator’s claim of inappropriate advertising in Ontario is based on a misunderstanding and not any company wrongdoing. The company issued a statement this weekend after David Burt, the Premier and Financ...

The government has threatened Bermuda’s banks to rein in escalating bank fees and globally-abnormal bank charges, or face government-imposed limits. And a near 10 year old Progressive Labour Party promise to crack down on banks is a step closer to re...

Bermuda International Long Term Insurers and Reinsurers has increased the size of its board of directors from 10 to 15 with the appointment of an additional five members. Biltir, which represents 68 life insurance and reinsurance businesses and servi...

AES Solar has launched Solar Roof Maintenance, a new business providing total roof care for solar panel owners in Bermuda. Stephanie Lynam, company office manager, said AES started Solar Roof Maintenance because solar panel owners on the island were ...

The Institute of Directors Bermuda hold a special “Meet and Greet” on Tuesday afternoon for those interested in learning more about their Certificate in Company Direction programme and the 2022 CICD Cohort – a new initiative designed to engage more p...

Mosaic Insurance has been named “Cyber Newcomer of the Year” by insurtech and data services provider Advisen, a Zywave company. The specialty insurer was honoured as an industry top performer at the ninth annual Cyber Risk Awards in New York City. T...