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Sompo International, the Bermudian-based specialty provider of property and casualty insurance and reinsurance, has announced that its UK legal entity Endurance Worldwide Insurance Limited has been awarded the prestigious Chartered Insurer title by t...

Bermudian-based Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, has reported sales of $1.5 billion in the third quarter of fiscal year 2022. That is an increase of more than $235 million from the third quarter of fiscal ye...

This Christmas many corporations are skipping the companywide galas in favour of smaller events because of Covid-19 concerns. Charter boat operator Keerome Maybury is marketing his 55ft yacht Traveler as the perfect venue for an intimate seasonal gat...

Bermuda market veteran Ben Wright has been appointed to the post of senior vice-president, insurance management, at Horseshoe, the Bermudian-based leading ILS specialist and fund administrator. In his new role, the company said, Mr Wright will be res...

The private philanthropic organisation Centennial Bermuda Foundation is moving to a new grant management system — an online platform for applications and for reporting on grants. Training videos on how to use the new system are online this month. A...

Bermudian-based reinsurance technology start-up Foundation Platform Technologies has announced enhancements to its software platform, Foundation, that it says will provide greater value to clients in the ILS, reinsurance and brokerage sectors. Launch...

A Bermudian-based healthcare technology firm is to partner with an Australian-headquartered company to provide a decentralised health technology network in Bermuda leveraging the Algorand blockchain. MAPay, with global headquarters in Hamilton, said ...

Bermudian-based fintech company 24 Exchange is to continue expanding its multi-asset trading platform after raising $14.25 million in a funding round led by Point72 Ventures. The company said the investment will support the platform’s expansion to en...

The RG/BSX Index closed unchanged at 2,713.51 as there was no activity on the domestic board of the Bermuda Stock Exchange for the day. The Bank of Butterfield finished 41 cents (1.11 per cent) higher at $37.24 on the New York Stock Exchange.

Climate change and cyber risks have reinsurance executives concerned about the future profitability and vitality of the industry. They are seen as key roadblocks to profitability in the near term. Major industry priorities they say should include tec...