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James River Group Holdings Ltd has reported a third-quarter net loss available to common shareholders of $7.2 million (2021 Q3: $23.9 million). Net written premium grew 20.3 per cent due to increased net retention in the E&S segment; E&S renewal pric...

The RG/BSX Index closed unchanged at 2,436.96 in the absence of trading on the Bermuda Stock Exchange. The Bank of N.T. Butterfield & Son Limited closed down $1.42 (4.35 per cent) at $31.22 on the New York Stock Exchange.

Apex Group Ltd, the Bermudian-based global financial services provider, has closed the previously announced acquisition of Darwin Depositary Services, a Netherlands-based provider of depositary services to alternative investment funds. The close come...

Bermudian-based Talcott Financial Group, an international life insurance group, has completed its previously announced reinsurance transaction between its subsidiary, Talcott Resolution Life Insurance Company, and The Guardian Insurance & Annuity Com...

Bermuda reinsurer RenaissanceRe Holdings Ltd. has posted a third-quarter net loss of $825.3 million. The company said Hurricane Ian and certain other catastrophe events contributed to a $648.4 million net negative impact on the net loss attributable ...

A London landmark restaurant is being evicted and the landlord is a Bermuda-registered company. This week London hospitality websites such as The Londonist, Big Hospitality and City AM were full of the news that Simpson’s Tavern, a restaurant built i...

In response to yesterday’s 75 basis point increase in the target range of the US Federal Funds Rate, the Bank of N.T. Butterfield & Son Limited announced that it is adjusting its base interest rates on loans by a quarter of a percentage point (0.25 p...

Futurist Sinead Bovell is predicting that swiftly evolving technology will change industry so much, and so frequently, that gig work will become the norm. “In a world with smart machines that continue to learn new tricks over time, and continue to di...

This year, global central bank monetary policy tightening has caused the most damage to conservatively managed investment portfolios in over hundred years, according to a recent study by Bank of America. Federal Reserve chairman, Jerome Powell and h...

Aqueelah Simmons has joined Chancery Legal Ltd as an associate in the litigation department. The Bermudian attorney’s main practice areas are civil and criminal litigation, family/matrimonial law and immigration law. Since October 2022, Ms Simmons ha...