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The RG/BSX Index climbed 101.91 (3.93 per cent) to 2,697.01 as 500 shares of Bank of Butterfield changed hands, with the price rising $1.90 (5.1 per cent) to close at $38.90. In addition, 10,000 Argus Group Holdings traded, with the price unchanged a...

Enstar Group Limited, the global insurance group based in Bermuda, has announced that a wholly owned subsidiary has reached an agreement for a ground-up loss portfolio transfer with Aspen Insurance Holdings Limited for its 2019 and prior business (th...

Bermudian-based multi-line specialty reinsurer Ariel Re has expanded its relationship with Berkshire Hathaway Inc, the multinational conglomerate led by billionaire chairman Warren Buffett. In separate transactions, Omaha-based Berkshire Hathaway’s w...

Will Dove has been appointed to the post of head of risk & ceded reinsurance at Everest Insurance, which is part of Bermudian-based Everest Re Group. Mr Dove will lead the division’s global ceded reinsurance strategy, placement and execution, while b...

SiriusPoint Ltd, the global specialty insurer and reinsurer headquartered in Bermuda, has appointed Ari Chester as head of US and Canada reinsurance. Mr Chester will be responsible for managing the US and Canadian business across property treaty, cas...

Bittrex Global, the digital asset exchange based in Bermuda, has appointed Paul Grier as chief marketing officer. Mr Grier’s term began on January 1. The company said he has more than two decades of strategic marketing and communications experience. ...

Skating enthusiasts in Bermuda can now gear up on island. Mint Systems Skate Shop has opened in the Clocktower Mall at Royal Naval Dockyard, offering a full line of roller skates, in-line skates, and accessories. Owner Keola Thompson opened the store...

The OECD’s effort to push through the controversial global minimum tax model rules may come to an abrupt halt, after the world body received a warning that the rules are not expected to work as intended. The OECD (Organisation of Economic Co-operatio...

Makeba DeShields has been promoted to Senior Investment Adviser at LOM Financial Group. Ms DeShields’s investment career spans more than two decades of client relationship management, investment advisory, private banking and trade monitoring and exec...

Bermuda market veteran Peter Horrobin has been announced as co-founder and co-CEO of Banyan Risk Ltd, the specialty managing general agent that launched last year in Bermuda. Mr Horrobin joins Tim Usher-Jones to lead Banyan Risk. The Bermudian-regula...