Log In

Venture capitalists, G2D Investments Ltd, has announced a first quarter 19 per cent decrease in global funding to start-ups, down to $143.9 billion compared to the record breaking 4Q21. The first quarter was still the fourth largest for funding on re...

Bermuda market veteran Barry Zurbuchen has been appointed as a non-executive director to the board of island-based Peak Capital Ltd, the wholly-owned subsidiary of the Hong Kong-based global reinsurer, Peak Reinsurance Company Limited. The appointmen...

The chief executive officer of Borr Drilling Limited, the oilfield services company based in Bermuda, remains optimistic despite a $51.3 million net loss reported by the company for the first quarter of the year. Patrick Schorn said: “We are pleased ...

Bermudian-domiciled Monument Re Group, the reinsurer and asset consolidator, has reached agreement with Zurich International Life Limited to acquire the closed book portfolio of ZILL’s Singapore long term life insurance business. Following Isle of Ma...

The RG/BSX Index closed again unchanged at 2,218.00, after a day with no trading on the Bermuda Stock Exchange. The Bank of N.T. Butterfield & Son Limited closed up 15 cents at $31.58 on the New York Stock Exchange.

Bermudian-based Nordic American Tankers Limited, the oil tanker company, expects better days ahead after reporting a net loss of $27 million for the first quarter of the year. That compares with a net loss of $25 million in the same quarter a year ag...

Axis Insurance, the specialty insurance business segment of Bermudian-based Axis Capital Holdings Limited, is combining its corporate accident and supplemental health benefits business under a new name, Axis Group Benefits. The Axis Group Benefits bu...

Climate change has made a significant impact on the catastrophe modelling industry, a leader in the sector told a sold-out audience at the inaugural Bermuda Climate Summit. Industry veteran Karen Clark is the founder and CEO of cat modellers Karen Cl...

Poised for growth, a managing general agent backed by the Japanese multinational conglomerate holding company SoftBank Group Corporation, is pioneering a new insurtech strategy. Envelop Risk has launched a Class 3A reinsurer Augmented Re in Bermuda a...

Gross written premiums were up by 92 per cent for the first three months of the year in the programme management business of Randall & Quilter Investment Holdings Ltd, the Bermudian-based non-life global specialty insurance company. R&Q, which also f...