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The Somers Isles Trading Company, the retail concessionaire for Bermuda’s new air terminal at L F Wade International Airport, has won an award from the travel retail industry media group DFNI-Frontier. Travel industry representatives attended the Fro...

Balance of payments figures released by the Government show a current account surplus of $313 million in the second quarter of 2021 — a $37 million increase year over year. The growth in the surplus reflected an increase in the inflow of currency to ...

Pupils Karim Creary and Kiara Wilkinson have joined the two-year legal trainee programme in the Bermuda office of international law firm Appleby. The firm said that the programme involves completing four six-month seats in various practice groups inc...

Axis Insurance, the specialty insurance business segment of Bermuda-based Axis Capital Holdings Limited, has entered the pet insurance market via its accident and health unit through a strategic relationship with managing general underwriter Petplan....

The president of the International Cyber Threat Task Force is to be the keynote speaker at a webinar hosted by Elevate Executive Selection Bermuda Ltd, the executive search and recruitment business. Paul Dwyer will present “Cyber Threats: Be Prepared...

The RG/BSX Index closed unchanged at 2,679.26 with no trading on the Bermuda Stock Exchange. The Bank of Butterfield rose 43 cents (1.11 per cent) to close at $39.02 on the New York Stock Exchange. The BSX Insurance Index remained unquoted.

Arbol Inc, an insurtech platform for parametric protection products, has launched Arbol Underwriters Ltd, a registered insurance agent based in Bermuda, focused on matching reinsurance capacity with parametric insurance risks. AUL's parent company, N...

Bermuda-based Apex Group Ltd, the global financial services provider, has been appointed to provide fund administration services to private equity firm Revelstoke Capital. Apex said that Revelstoke is building industry-leading companies in healthcare...

Bermuda-domiciled Xceedance, a provider of strategic insurance consulting and technology serving insurance organisations worldwide, has announced the availability of on-demand services for property and casualty insurance companies, reinsurers, agents...

Sirius Point Ltd, the Bermuda-headquartered global specialty re/insurer, and Limit Financial, a managing general agent specialising in credit insurance and reinsurance solutions, have announced a multiyear underwriting capacity partnership and a stra...