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The parent company of island-based Palomar Specialty Reinsurance Company Bermuda Ltd has reported net income of $16.6 million in the fourth quarter of 2021, which contributed to full year net income of $45.8 million. California-based Palomar Holdings...

Hiscox Ltd has appointed Jon Dye as UK CEO, effective in September, subject to regulatory approval. The Bermudian-headquartered international specialist insurer said Mr Dye would be responsible for leading Hiscox’s flagship retail business in the UK....

Mosaic Insurance, the Bermudian-based specialty insurer, is activating more global capacity to meet transactional liability risks, as a growing consortia of industry partners joins its syndicated capital programme. The company said it would underwrit...

Moby-Ducks: yes, I’m talking about the ones your children and grandchildren (and maybe even you) played with in the bathtub. In January 1992, a cargo ship, the Ever Laurel heading to the United States from China, lost a container with 28,000 rubber d...

There’s an elephant in the room, or at least, in the economy: inflation. Inflation is blowing up in the headlines, causing many of us to feel a little deflated about their money. So, let’s talk about what inflation is and what you can do about it. In...

The RG/BSX Index finished unchanged at 2,687.80 after the continued trading in the shares of Argus Group Holdings Ltd. on the Bermuda Stock Exchange. A further 8,000 shares changed hands, as the stock closed unchanged at $6.39. The RG/BSX Index was u...

Renewable energy company BE Solar has experienced a bright side to the pandemic: an uptick in interest in solar energy. “We are seeing a lot of people choosing to invest in their properties at this point,” said BE Solar director of development Strat...

Health Infusion Bermuda, the wellness clinic in Pembroke that was opened two years ago by sisters Bobbi and Nikki Marshall, is to close on March 27. “The Health Infusion Team” sent an e-mail to “clients and friends”, which said: “It is with infinite ...

The Supreme Court has ordered creditor meetings to consider schemes of arrangements proposed by Markel CATCo Reinsurance Fund Ltd and CATCo Reinsurance Opportunities Fund Ltd, both provisional liquidators appointed for restructuring purposes. In a fi...

Law firm Conyers has been ranked in Band 1 by the Chambers Global 2022 legal directory for its Bermuda corporate and finance, insurance, and dispute resolution practices. “We are pleased to once again receive high rankings for our firm, our practice ...