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Axis Insurance, the specialty insurance business segment of Bermudian-based Axis Capital Holdings Limited, has appointed Kenneth Hosp as vice-president of the US excess casualty team. The company said Mr Hosp will be responsible for cultivating and s...

Fintech company Circle’s CEO Jeremy Allaire and other cryptocurrency industry executives testified before the US Congress today. Circle International Bermuda Limited, a Circle subsidiary, was the first company to achieve a full licence under Bermuda’...

A Bermudian-regulated global life insurance group has entered into what it says is a record-setting reinsurance transaction. The contract involves $35 billion in fixed indexed annuities reinsured from Allianz Life Insurance Company of North America t...

WASHINGTON – Senior officials at the US Treasury Department have expressed reservations about the new minimum tax on large corporations proposed as part of President Joe Biden's Build Back Better agenda, according to two people with direct knowledge ...

Cyril Whitter has become the first honorary board member of the Association of Bermuda International Companies (Abic). His appointment was among seven made by Abic to its board of directors, including two past recipients of the organisation’s educati...

The RG/BSX Index rose 6.95 points (0.26 per cent) to close at 2,648.34. The two advancers were domestic insurers. Argus Group, was up 10 cents (1.7 per cent) to close at $6.00 on volume of 17,500. BF&M Ltd. were up 50 cents (2.2 per cent) to close at...

The Bermuda office of international law firm Appleby has added corporate lawyers Katie Blundy and Carl Meyer to its practice. Ms Blundy is an associate in the corporate department, practicing in all areas of corporate and commercial law, including ca...

One Communications has appointed Bermudians Michelle Ashton and Michael Roberts to senior leadership positions. Ms Ashton has been promoted to general counsel with overall responsibility for legal and regulatory matters and Mr Roberts has been promot...

Plans for a $3.8 million redevelopment of the beachside café at Horseshoe Bay have been rejected by the Department of Planning. And now it appears that the revamped facility may not be ready in time for the 2022 tourist season, as planned. The conces...

Declarations in August from overseas shopping shot up 41.1 per cent compared with the same month last year, Retail Sales Index figures just released show. The rise was seen in higher imports of clothing, furnishings and electrical machinery and equi...