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The RG/BSX Index closed unchanged at 2,546.38 after only one issue traded on the Bermuda Stock Exchange. Bank of Butterfield closed unchanged at $36.25 after 100 bank shares changed hands. On the New York Stock Exchange, the bank closed up 42 cents (...

Wilton Reinsurance Bermuda Limited has donated $15,000 to Knowledge Quest in support of academic scholarships. Knowledge Quest, a Bermuda-registered charity, was founded in 2001 with a mandate to promote further education for Bermudians with limited ...

The Bermuda Stock Exchange has begun to publish MIAX Pearl Equities market data for ten actively traded US companies to the Pyth Network, a decentralised financial market data distribution platform. The Pyth Network, announced by Jump Trading Group i...

AM Best has revised the outlook to positive from stable and affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of a- (Excellent) of Ardellis Insurance Ltd. The credit ratings reflect Ardellis’s balance sh...

When Greenhouse Bermuda went up for sale in 2020, the business’s green, sustainable ethos appealed to Craig Smith. “I drive around in an electric van,” he said. “I am living the life.” And after working for 25 years in hospitality, as Bacardi brand...

Robert Wiest has been appointed chief executive officer of MS Amlin AG, the Switzerland-domiciled global reinsurer with an underwriting office in Bermuda. The company said that Mr Wiest will take up the role on January 3, 2022, and will be based in Z...

PwC Bermuda, together with its Caribbean counterparts, has collectively donated $50,000 to disaster relief and recovery efforts in Haiti after last month’s 7.2-magnitude earthquake. The professional services firm said that the money was raised by the...

Sompo International Holdings Ltd, the Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Windy Lawrence as the new general counsel. Ms Lawrence will report to Chris Gallagher, chief executive officer, S...

Bermuda-domiciled Xceedance has launched a new, digital-first claims third-party administrator service. The global provider of strategic insurance consulting, managed services and technology serving the insurance industry said that the Xceedance Clai...

Everest Insurance, the primary insurance division of Bermuda-based Everest Re Group Ltd, has appointed industry veteran Andrew McBride as senior vice-president, global head of claims. Everest said that Mr McBride will be responsible for leading the s...