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Bermudian-based Fidelis Insurance has promoted Mark Herget to the position of deputy group head of direct and facultative property. Mr Herget joined Fidelis in April 2020 as an underwriter in its London office, transferring to Bermuda seven months la...

Fintech industry veteran Bruce Lowthers has been appointed chief executive officer and executive director of Paysafe Limited, the Bermudian-incorporated specialised payments platform. Mr Lowthers, who will join the company by May 1, will work out of ...

The RG/BSX Index remained unchanged at 2,461.09 as the Bermuda Stock Exchange closed Monday without any trading on the domestic board. The Bank of N.T. Butterfield & Son Limited closed up 83 cents (2.42 per cent) at $35.12 on the New York Stock Excha...

Bermuda’s dominance as the world’s leading captive domicile may be under threat, like never before. This, as the government flies the flag in support of a contingent of Bermuda insurance industry executives, at the Risk & Insurance Management Society...

The Bermuda Business Development Agency said last night that together with its partners, they are ready to provide a strong presence for Bermuda at Riskworld, Rims’ first major in-person event since 2019. Riskworld is the renamed annual conference of...

Cactus Ltd co-founders James Robinson and Mark Higgins have already found some success with their deal pricing and data capture system, Marmalade. Now, they are seeking to raise capital so that they can spread it around. Cactus’ flagship product was ...

The UK government has been told that the “inflexible culture” of British regulators has hindered efforts to develop markets for insurance-linked securities, captive insurance and other new forms of insurance business. Artemis has outlined how the...

Bermudian-headquartered Ardmore Shipping Corporation has agreed terms for the sale of three 2008-built MR product tankers to German-based Leonhardt & Blumberg for an aggregate price of $40 million. Following completion of the sales and the prepayment...

Genesis Legacy Solutions, a unit of Bermuda’s Maiden Holdings, Ltd. announced an agreement to provide a medical expense reimbursement cover to the Washington, DC cell of the Michigan based Mary Free Bed Rehabilitation Hospital. MFB has a facility net...

Bermudian-based Sompo International Holdings Ltd, the global re/insurer, has appointed Kenneth Reilly as head of its new Tokyo office. Mr Reilly joins the company on July 1 as executive vice-president, general manager, global business department, Som...