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KBRA has affirmed the following insurance financial strength ratings of the insurance subsidiaries of the Tower Hill Insurance Group: A- for Tower Hill Prime Insurance Company (TH Prime) and BBB+ for Tower Hill Preferred Insurance (TH Preferred), Tow...

The RG/BSX Index fell 24.14 points (1.13 per cent) to 2,116.51 for the day. The decline was driven by the only issue trading, Bank of N.T. Butterfield Ltd., which fell 45 cents or 1.5 per cent to $29.50, after the trading of 2,412 shares ($71,160.60)...

Hamilton’s newest art gallery is located in a thrift shop, but there is nothing second hand about the artwork

Bermudian-based Randall & Quilter Investment Holdings Ltd has reported a loss of $127.4 million for fiscal year 2021. That compares with a profit of $37.7 million in the prior year. The group IFRS loss was primarily impacted by a $90-million pre-tax,...

The Cayman Island Consumer Price Index increased by 11.2 per cent in the first quarter of this year when compared to the same period in 2021, the Cayman News Service has reported. The CNS commented that residents of the Cayman Islands have been livin...

The Government and the Bermuda Business Development Agency will take their promotional tour to Egypt’s luxury resort town of Sharm el-Sheikh, on the southern tip of the Sinai Peninsula, later this year. It is there in November that the Bermuda delega...

The six-day blockage of a vital maritime trade route last year by the Ever Given containership could result in more than $2 billion in claims, a leading French reinsurer has said. The Ever Given, which weighs 200,000 tonnes and is 400 metres long, ra...

Apex Group Ltd, the global financial services provider based in Bermuda, has been appointed by 3iQ Digital Asset Management, Canada’s largest digital asset investment fund manager. With $1.4 billion in assets under management, 3iQ offers investors co...

Fitch Ratings has assigned an 'A+' insurer financial strength rating to Athene Annuity Re Ltd. The rating outlook is stable. The ratings previously assigned to Athene Holding Ltd. and its insurance subsidiaries are unaffected. AARe's 'A+' IFS rating...

The RG/BSX Index plunged 101.43 (4.52 per cent) to close at 2,140.65, dragged down by the only two issues trading for the day. Bank of N.T. Butterfield Ltd closed at $29.95, a drop of $1.05 (3.4 per cent) on a volume of 1,400. Also falling was BF&M L...