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Two Bermudian-based companies are among 11 start-ups selected for the eighth cohort of the Lloyd’s Lab insurtech accelerator programme. Cactus and its flagship product, Marmalade, as well as Kettle have been selected for the 10-week initiative that b...

Bermudian-based Axis Capital Holdings Limited has appointed Fintan Mullarkey as CEO of Axis Specialty Europe SE, subject to regulatory approval. ASE is Axis Capital’s specialty insurance legal entity domiciled in Ireland and regulated by the Central ...

Two lawyers working in the Bermuda office of international law firm Conyers have been promoted, one to partner/director and the other to counsel. Robert Alexander becomes a director in the corporate team and Jonathan O’Mahony becomes counsel in the l...

Fortitude Re has announced the signing and closing of a $4 billion reinsurance transaction between its subsidiary, Bermudian-based Fortitude Reinsurance Company Ltd, and Taiyo Life Insurance Company, a wholly owned subsidiary of Tokyo-headquartered T...

Bermudian-based AK Jensen Group, the provider of turnkey trading and infrastructure solutions for fund managers, has closed the acquisition of FMG Malta Ltd, a full-scope alternative investment fund manager for both traditional and crypto hedge funds...

The RG/BSX Index fell 100.77 (3.93 per cent) to close at 2,465.21, as there were three losers out of the four issues trading on the Bermuda Stock Exchange. Somers Limited closed at $19, up 99 cents (5.5 per cent), with 100 shares trading. Argus Group...

The Lloyd’s market has appointed Schroders Solutions as the investment partner of its new investment platform. Lloyd’s said the open-architecture firm manages £150 billion of global assets for insurance companies and it has had longstanding partnersh...

Credit Suisse Group has indicated that an appeal is coming after the Supreme Court decision that went against its Bermuda subsidiary, Credit Suisse Life (Bermuda). But it is facing other client allegations of a billion-dollar fraud perpetrated by ban...

Tomika Smith just loves to see other people in love. "I just get a kick out of it,“ Ms Smith said. But over the years she heard a lot of friends complaining that their partners just were not romantic. Two years ago, she decided to play Cupid, by fo...

Staff at Enstar insurance have donated $50,000 to Ukrainian relief, the majority of the contributions coming from Bermuda. Enstar matched staff generosity with a $50,000 donation to the Red Cross’s Ukrainian relief effort. The Russian attack on Ukrai...