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The pandemic is full of uncertainty, but 34 entrepreneurs turned up for Ignite’s fifth cohort, looking for help launching new businesses or building existing ones. Ignite kicked off a two-day boot camp last week, the start of its annual five-month b...

The Covid pandemic axe has fallen on a major cruise ship line. Representatives for its principals are this week in Bermuda’s Supreme Court scrambling to save the company from going bust. Crystal Cruises, the subsidiary, had its ship Crystal Serenity ...

Several well-known insurance industry executives have joined forces to launch Swiftly, a global technology company, with operations in Bermuda and the United States. The new company will be focused on driving down insurance costs while improving cust...

The Bermuda Chamber of Commerce is to offer the lunchtime webinar LinkedIn 101 for Business. Open to both members and non-members of the chamber, the webinar will be presented on February 2 on Zoom from noon until 1.30pm. The chamber said that Linked...

Bermudian-based Conduit Re is off to a flying start in 2022. The company, a Class of 2021 start-up, has reported estimated January 1 renewal season ultimate premiums bound of approximately $262.6 million, an increase of approximately 70 per cent over...

The reinsurance market showed mixed results at the January 2022 renewals as only loss-affected lines of business, such as property catastrophe, cyber or retrocession continued to see significant price increases, Fitch Ratings says in a new report. P...

After 30 years in business, a private wealth management company has grown its assets under administration to more than $1.7 billion. Scott Lines, CEO and chairman of LOM Financial, said that despite the pandemic and other global events in recent year...

The Somerset branch of HSBC Bermuda has reopened to the public. HSBC said it continues to be committed in serving and helping to protect the health of its employees, customers and the wider community. With this in mind, HSBC said, all customers are r...

The RG/BSX Index closed unchanged at 2,752.71 after only one company traded on the Bermuda Stock Exchange. Argus Group Holdings Ltd. finished unchanged at $6 after 24,500 shares ($147,000) changed hands. Bank of N.T. Butterfield Ltd. fell $1.01 (2.51...

Strategic Risk Solutions, the independent insurance company manager with an office in Bermuda, has appointed Peter Child as chief executive officer of SRS Europe. The company said he will also retain his current role of SRS Guernsey managing director...