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Bermuda (re)insurers paid out $35.2 billion to UK policyholders and cedants for large catastrophes, property and casualty losses and life insurance claims during the five-years from 2016 to 2020. This information is gleaned from the United Kingdom Da...

The RG/BSX Index closed at 2,568.64, up 1.15 points (0.04 per cent). A total of 3,030 shares traded for a turnover of $14,619.90. The BSX Insurance Index was not quoted. The Bank of Butterfield finished up two cents (0.06 per cent) at $32.39 on the N...

Six Bermudian trainee servers have graduated from an intensive food and beverage training programme at Hamilton Princess & Beach Club, receiving certificates and the promise of future work with the hotel. The Princess said three of the trainees – Ber...

The reinsurance arm of the world’s largest independent insurance broker is the newest member of the Association of Bermuda Insurers and Reinsurers (ABIR). It takes ABIR’s membership to the highest number in the organization’s 28-year history - 31 in...

Bermuda-based Golden Ocean Group Limited, one of the world's largest listed dry bulk ship owners, has ordered the construction of three high-specification latest generation 85,000 dwt ECO-type Kamsarmax vessels. The company said the vessels, which wi...

SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, has more than doubled its previously disclosed estimated third quarter losses arising from the European floods in July. Severe flooding occurred in Germany’s North Rhine-Westphal...

Axis Insurance, the specialty insurance business segment of Bermuda-based Axis Capital Holdings Limited, has made three appointments within its US Renewables team, effective immediately. The company said Becky Nace-Grover joins Axis as a senior under...

The holding company for a Bermuda-based reinsurer has entered the fronting sector of the United States insurance market. California-based Palomar Holdings, Inc, an AM Best rated “A-IX” specialty insurer, said its fronting business, known as PLMR-FRON...

Ciera Garrafa has wanted to run her own business since middle school. She finally got her chance last October, when the store she worked for, Treats of Bermuda in the Washington Mall in Hamilton, went up for sale. “I thought okay, this is the univer...

An organisation devoted to the grow biointensive method of sustainable farming is to hold three workshops this fall to teach people how to grow food in their garden. The AgraLiving Institute is led by founder Chris Faria, a graduate of the Ignite Ber...