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The RG/BSX Index closed unchanged at 2,571.66, with no activity on the Bermuda Stock Exchange. The Bank of Butterfield closed on the New York Stock Exchange down 14 cents (0.38 per cent) at $36.74. The BSX Insurance Index remained unquoted.

Arch Capital Group Ltd has estimated pre-tax net catastrophe losses of $330 million to $345 million across the company’s property casualty insurance and reinsurance segments in the third quarter of this year. The Bermuda-based specialty re/insurer sa...

Moody's Investors Service has revised the Bermuda-incorporated Weatherford International Ltd’s rating outlook from negative to stable and assigned a B3 rating to the company’s proposed $1.5 billion senior unsecured notes due in 2030. At the same time...

SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, has appointed Bobby Heerasing to the newly created role of head of international strategic business development. Mr Heerasing, who joins the company’s senior leadership team, wil...

Employment opportunities that could emerge as a result of Bermuda's growing technology sector should not be underestimated, a leading lawyer said today. Steven Rees Davies, a partner at Carey Olsen Bermuda Limited and an adviser to clients in the tec...

Richard Zuill has been promoted to sous chef at Hamilton Princess & Beach Club. A junior sous chef at the hotel since 2018, Mr Zuill will now oversee the restaurant at the Princess Beach Club at Sinky Bay. During the off-season, he will support the C...

There is an appeal from local and international business leaders encouraging residents to take protective measures against Covid-19. The statement said: “The local and international business communities strongly encourage everyone in Bermuda to activ...

The Bermuda Monetary Authority has appointed Ashley Kibblewhite as director of its banking, trust, corporate services and investments department. The BMA said that it undertook an extensive search in February via a selection committee led by chief ex...

The RG/BSX Index closed unchanged at 2,571.66 as 7,274 Bank of Butterfield shares ($267,319.50) traded on the Bermuda Stock Exchange. The stock price closed unchanged at $36.75. The bank stock fell 32 cents (0.86 per cent) on the New York Stock Excha...

Bermuda-based James River Group has selected Guidewire InsuranceSuite for its core platform modernisation programme. The announcement was made jointly by James River and California-headquartered Guidewire Software Inc. Tom Peach, James River Group se...