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Encore Capital Management has chosen Apex Group, a Bermudian-based global financial services provider, to povide fund administration, investor reporting and tax services. Encore is a vertically integrated real estate developer, operator, and institut...

BMS, a Bermuda-based independent specialist insurance and reinsurance broker, has appointed Ian Gormley as the new United Kingdom chief executive officer. Mr Gormley will report to Nick Cook, chief executive of BMS Group. He will be responsible for t...

Six Bermudian students will be learning about the global reinsurance industry this summer as part of an Ariel Re internship programme. The interns will learn about a variety of roles within the sector, including operations and finance, catastrophe mo...

The RG/BSX Index closed down 0.24 of a point (0.01 per cent) to 2,196.92, with two issues trading and one declining. The decliner was Argus Group Holdings Ltd., falling a penny (0.2 per cent) to $6.30 on a volume of 1,300. BF&M Ltd remained at $18.05...

Food prices are going up almost everywhere in Bermuda because of inflation — except the English Market in Hamilton. Next week, grocery store owner Fabio Iannone plans to bring the price down on all his fruits and vegetables. “For example, right now ...

Bermuda still has hundreds of Russian aircraft on its registry, long after Russian authorities claimed they had re-registered them to the Russian registry. Aircraft cannot legally be registered in more than one jurisdiction. But faced with global res...

S&P Global Ratings has placed SiriusPoint Ltd and its core subsidiaries on CreditWatch, with negative implications. But the global specialty insurer and reinsurer was out quickly with a response. S&P identified recent management changes as the cause ...

The second year of the Mosaic Insurance programme for summer interns, brings expansion, with students being placed in Bermuda, New York, and London offices. Adiv Kuray, 18, is based at Mosaic’s New York City office, where he supports political violen...

Axis Group Benefits is offering a new supplemental medical insurance policy, HealthGap, which complements an employee’s qualified major medical policy by reimbursing covered upfront and out-of-pocket costs, including deductibles and coinsurance. The ...

The RG/BSX Index closed down 0.48 (0.02 per cent) at 2,197.16 for the day, after 3,000 shares of Argus Group Holdings Ltd. ($18,930.00) changed hands and the issue finished for the day down two cents (0.3 per cent) at $6,31. Meanwhile on the New York...