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The impact of Covid-19 on the Bermuda insurance market has been an “earnings” event affecting the insurers' income statements and not a capital event affecting their solvency positions, a Bermuda Monetary Authority report has said. But the BMA also s...

Rene Lamer is back in Bermuda, this time with specialty re/insurer IQUW’s new reinsurance operation. IQUW is developing the underwriting and operational capabilities of its Bermuda platform, bringing in Mr Lamer as managing director, underwriting and...

Surprise! Your child might buy your Christmas present with his or her very own debit card – funded by you, of course. Debit cards for kids – from as young as three to late teenager – are still a relatively new concept, less than a decade old. The gro...

Dear Dave, I thought I was going to get control of my money and make a lot of other positive changes in my life this year, but very few of the things I wanted to accomplish happened. I started strong, and began with serious intentions, but somewhere ...

The RG/BSX Index closed unchanged at 2,648.34 after more than 30,000 shares, valued at $443,269, traded. The turnover included 15,205 BF&M Ltd shares changing hands and the issue finishing at $23, while 15,600 Argus Group Holdings Ltd shares traded, ...

Ratings agency AM Best has affirmed the financial strength rating of A++ (Superior) and the long-term issuer credit ratings of “aa+” (Superior) of the subsidiaries of Swiss-domiciled Chubb Limited, including the members of Bermudian-based Chubb Bermu...

Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermudian-based re/insurer Ocil Specialty Ltd. The outlook of these credit ratings is stable. The rating...

Carey Olsen Bermuda Limited has advised Caribbean Investment Holdings Limited with regard to the Bermuda aspects of its delisting from the AIM market of the London Stock Exchange and its simultaneous change in Bermuda Stock Exchange listing status fr...

Famatown Finance Limited, a company indirectly controlled by trusts settled by John Fredriksen and a member of The Seatankers Group, has accumulated approximately 5 per cent of the common shares of Valaris Limited. Valaris, the Bermudian-based offsho...

Board members of Bermudian-based Nordic American Tankers Ltd, the oil tanker company, have increased their share ownership in the firm. NAT said board member Alexander Hansson, who is the son of the company’s founder, chairman and CEO, Herbjorn Hanss...