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Bermuda-based international specialty re/insurer Convex Group Limited has thrown its financial muscle behind the battle to slow climate change. The company has announced a multimillion-dollar partnership with the Blue Marine Foundation, a UK-register...

Bermuda’s annual inflation rate increased at the highest rate in four years in July, increasing to 2.2 per cent. The rise was a full percentage point higher than June’s figure of 1.2 per cent and the highest since inflation hit 2.4 per cent in March...

Reinsurers rank climate change as the top risk facing the global insurance industry, a survey by the professional services firm PwC has revealed. The organisation said that many respondents to its Insurance Banana Skins 2021 Survey pointed to a sharp...

Bermuda-based PartnerRe has declared large catastrophe losses. Net of retrocession and reinstatement premiums were $297 million for the third quarter of 2021, and $417 million for the first nine months of the year. Loss estimates for winter storm Ur...

At the Bermuda Clarity Institute, we strive to help organisations to achieve clarity. When an organisation has a clear understanding of its identity — its characteristics, purpose, vision, goals and values — it creates a united workforce with optimi...

Industry veteran Simon Arnott has been appointed senior vice-president in the Bermuda office of Acrisure Re, the insurance broking and corporate risk advisory firm. Mr Arnott will report to Clark Hontz, president of Acrisure Re Bermuda. Mr Arnott wil...

The RG/BSX index closed unchanged at 2,679.26 after one issue traded on the Bermuda Stock Exchange — 1,000 shares of BF&M Ltd before its stock price ended the day unchanged at $23. The Bank of Butterfield fell 25 cents (0.64 per cent) to close at $39...

Compre, the international specialist legacy group with an operation in Bermuda, has completed the acquisition of a $417-million legacy liability portfolio of SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, having received all ...

A government Throne Speech promise to introduce a digitised immigration application process in this session of parliament has been welcomed by the business community. Just last month, 11 government employees were recognised for their drive to make go...

Miami International Holdings Inc, owners of the Bermuda Stock Exchange, are among the lead investors in an oversubscribed $4.1 million seed round of New York-based Options AI, which calls itself a unique brokerage platform putting option spreads in t...