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Debt refinancing is on the menu as the Government announced the pricing terms of its purchase offers for the outstanding 4.138 per cent Senior Notes due in 2023 (outstanding principal amount of $353,905,000) and 4.854 per cent Senior Notes due in 202...

VSS Capital Partners, the New York-headquartered private investment firm investing in healthcare, business services and education, has added W. Preston Hutchings as senior adviser. Leveraging his three decades of senior insurance, investment managem...

The Bermuda Business Development Agency, in association with Oxbow Partners, will air a webinar about Bermuda’s ESG maturity. This latest edition of the Bermuda Angle webinar series — entitled Bermuda’s ESG Experience and its Influence on the Global ...

Mike Wells has been appointed CEO of Athora Holding Ltd, the Bermuda-domiciled European retirement services group, subject to regulatory approvals. Michele Bareggi has been promoted to the newly created role of president and deputy CEO. Among Athora...

The RG/BSX Index closed 0.94 of a point (0.04 per cent) lower at 2,226.89. The only advance on the Bermuda Stock Exchange for the day was BF&M Ltd, which finished 24 cents (1.1 per cent) higher at $22.75 on a volume of 3,000 shares. Argus Group Hold...

Uber Technologies Inc routed a portion of company wide profits through a Bermuda subsidiary in a complex corporate tax structure to cut its tax bill, which their European lobbyist saw as the company’s weakest link. Executives had observed the weight ...

Since the Government’s Economic Investment Certificate initiative began more than 16 months ago, 19 applications have been approved, representing investments of more than $325 million into the local economy. The update on the EIC initiative came from...

Two graduates of a foundation reinsurance course at the Bermuda College have been awarded new scholarships to attend St John’s University’s Maurice R. Greenberg School of Risk Management Insurance and Actuarial Science. The Association of Bermuda In...

Since January, the US economy and stock markets have been hit by the perfect storm. The S&P 500 registered its worst half year since 1970 and the Dow Jones Industrial Average had its largest first-half decline since 1972. Russia’s invasion of Ukraine...

Chubb has announced that Natalie Chiaramonte has been named president of Sovereign Risk Insurance Ltd, a leading Bermuda-based underwriter of political risk insurance and reinsurance. Ms Chiaramonte previously served as senior vice-president and chie...