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A new men’s store is to open in Hamilton on Friday. Waterfront Man will open its doors at 10am in the location of the former AS Cooper’s Man shop at 29 Front Street. The new shop is owned by the Waterfront Group of Companies. The Waterfront Group sai...

The RG/BSX Index closed up 13.41 (0.53 per cent) at 2,559.79. Two issues traded on the Bermuda Stock Exchange as 20,227 shares changed hands with a combined turnover of $480,071. BF&M Ltd closed unchanged at $23.00 after 19,127 shares were traded. Th...

Vantage Group Holdings Ltd, a member of Bermuda’s Class of 2020 re/insurers, has continued the build-out of its insurance platform with the launch of construction and political risk businesses, and expanded distribution capabilities. Greg Hendrick, C...

Volante Capital Holdings (Bermuda) Ltd has received “in-principle” approval from Lloyd’s to launch Syndicate 1699 for the 2022 year of account, with initial stamp capacity of £130 million. Majority-owned by Bermuda-based Nephila Holdings Limited, Vol...

Industry veteran Christopher Smith has been appointed head of structured reinsurance at Bermuda-based Somerset Reinsurance Ltd with immediate effect. The provider of reinsurance solutions to the US life insurance and annuity market said that Mr Smith...

Mosaic Insurance has expanded its cybersecurity business line internationally with the addition of new team members to its UK-based unit. The specialty insurer began underwriting global cyber coverage from Chicago on April 1, only two months after la...

Board member Natasha Scotland Courcy is the new vice-chairwoman and Andrew Sooboodoo a new member of the board of the Bermuda International Long Term Insurers and Reinsurers organisation. Biltir said that the board appointments were confirmed at its ...

In Bermuda’s heat and humidity, it is easy to smell sweaty ten minutes after showering. The Love Grenade could help. This laundry and body spray calling itself “bottled swag” is one of more than 40 products sold by Tia-Maria Robinson’s new company, ...

Young people with an idea for a new business have been encouraged to pitch their project to the Bermuda Economic Development Corporation. The organisation is looking for students under the age of 18 to pitch the next great idea for a chance to compet...

AM Best has affirmed the credit ratings of Bermuda-based insurer BF&M Ltd and its subsidiaries. The agency affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of BF&M Life Insurance Compa...