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Allied World Bermuda is concluding a structured eight-week summer internship programme on Friday, July 29 for four talented Bermudians — Eden Robinson (McGill University), Grace Reeves (Queens University), Madison Smith (Acadia University) and Nichol...

The Bank of N.T. Butterfield & Son Limited has reported net income of $49.1 million for the second quarter of the year. That is a 10.6 per cent increase compared with net income of $44.4 million in the first quarter of 2022, and a 24 per cent rise co...

A Hong Kong Chamber of Commerce webinar on Bermuda provided its online delegates with insight into the island’s international business platform. The Hong Kong-based audience of legal and financial sector professionals were told about Bermuda’s unique...

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa” (Superior) of Bermudian-based Assured Guaranty Re Overseas Ltd. The outlook of these credit ratings is stable. The ratings reflect Agro...

The RG/BSX Index remained unchanged for the day at 2,230.73 with no turnover of local stocks on the Bermuda Stock Exchange. In New York, The Bank of N.T. Butterfield & Son Limited rose 84 cents (2.49 per cent) to close at $34.53.

Bermudian-based Fidelis Insurance Holdings Limited will create a new managing general underwriter that, subject to regulatory approval, will be separated from the existing balance sheet insurance companies. The new structure will allow each entity to...

Industry veteran Charlie Fry has rejoined American International Group Inc, the global insurance organisation. After departing AIG in 2020, Mr Fry served as chief executive officer of Acacia Holdings Ltd, the Bermudian-based capital investment compan...

Nayms, the Bermudian-based marketplace for crypto-native insurance, has appointed Nick Zagoreos as head of capital markets. The company said that Mr Zagoreos brings a wealth of experience in hedge funds, ILS and most recently a breadth of capital rai...

Owning two beloved pooches, Tracy Lambert noticed a gap in the Bermuda retail market: not enough haute couture for pets. “As a consumer, I’m always looking for stuff that is different or that you don’t often see around the island,” Ms Lambert said. ...

Fitch Ratings has upgraded Bermudian-based PartnerRe Ltd following its recent acquisition by Covéa Cooperations SA, the French mutual insurer. Covéa acquired PartnerRe from EXOR NV for total cash consideration of $9.1 billion. Fitch upgraded PartnerR...