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Peder Moeller has been appointed chief executive officer of Arch Reinsurance Company, which is part of Bermudian-based Arch Capital Group Ltd. Mr Moeller’s promotion was among three made by the company that coincided with the retirement of former Arc...

The RG/BSX Index fell 9.54 points (0.37 per cent) to close at 2,595.09. The only stock trading for the day was Argus Group Holdings, finishing 40 cents lower at $6, after 10,600 shares changing hands. Bank of Butterfield finished 82 cents higher (2.1...

Marcus’ Bermuda, the restaurant opened by acclaimed celebrity chef Marcus Samuelsson on the island in 2015, has shut its doors for good. The landmark eatery at the Hamilton Princess & Beach Club closed to diners in March 2020 during the early stages ...

Industry veteran Vincent Tizzio is to become the CEO of Axis Insurance on June 1. He will succeed Peter Wilson, who leaves the company at the end of the year upon the completion of his contract. Following the transition to Mr Tizzio taking up the top...

Canopius Group, the global specialty re/insurer, has appointed Neil Robertson as group chief executive officer. Among his responsibilities, the company said, will be developing its Bermudian operation. Mr Robertson, formerly at AXA XL, joined Canop...

Jenni Estis has been promoted to the position of managing director at Guy Carpenter (Bermuda) Ltd. The global risk and reinsurance specialist, a business of Marsh McLennan, said Mrs Estis joined Guy Carpenter in 2002, and has previously worked in the...

Velocity Risk Underwriters LLC, the catastrophe-focused property and specialty insurance risks managing general agent founded by Bermudian-headquartered Nephila Capital, has been acquired by funds managed by Oaktree Capital Management LP. Oaktree is ...

One Communications gave more than $65,000 towards supporting local businesses, valued customers and charity this holiday season. The company teamed up with more than 30 retailers across the island to reward customers for shopping local with 7,000 sc...

As our clients embark on their planned pathways for the year ahead, they are reminded by us that what separates great companies and leaders from merely good ones is their capacity for purposeful positivity. Our research at Bermuda Clarity Institute ...

The RG/BSX Index closed unchanged at 2,604.63 with no trading among domestic companies. The Bank of Butterfield fell 40 cents (1.03 per cent) to close at $38.48 on the New York Stock Exchange.