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Catalina General Insurance Ltd, the Bermudian-domiciled reinsurance company, has entered into an agreement with subsidiaries of QBE Insurance Group Ltd for a loss portfolio transfer of QBE’s legacy North American excess and surplus lines prior accide...

Miami International Holdings Inc, parent company of the Bermuda Stock Exchange, announced that it has confidentially submitted a draft registration statement on Form S-1 with the US Securities and Exchange Commission relating to the proposed initial ...

The RG/BSX closed at 2,376.84, unchanged after 8,300 BF&M Ltd shares ($186,750) changed hands, closing unchanged at $22.50. No other stock traded for the day on the Bermuda Stock Exchange. For the week, the Index was 26.82 points (1.12 per cent) high...

Assured Guaranty Ltd, the Bermudian-based holding company, has reported a six-fold increase in net income to $66 million for the first quarter of 2022. That compares with net income of $11 million in the prior year quarter. First quarter capital retu...

Coralisle Group Ltd has expanded its Caribbean presence to 14 markets by buying Massy United Insurance Ltd of Barbados

A leading local insurance company has confirmed that personal client data was accidentally released to unauthorised recipients, but said it did not include personal health or financial information. CG Insurance confirmed to The Royal Gazette that an...

Butterfield Bank raised its interest rates on loans and selected deposits in response to yesterday’s increase in the US Federal Funds Rate

A Supreme Court judgment against a Bermuda subsidiary of banking giant Credit Suisse will cost them some $600 million, the bank said in its first-quarter financial report today. The judgment relates to life insurance policies of a client of Credi...

Investment losses overshadowed positive underwriting results as Bermudian-based global re/insurer SiriusPoint Ltd reported a net loss of $217 million in the first quarter of the year. That compared with net income of $168.4 million in the prior year ...

In a jurisdiction where Bermudians have more scholarship funding than ever before, deadlines have been closing on opportunities with a disturbingly low rate of applications. A number of award providers have experienced a steep downturn in student app...