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A wholly-owned subsidiary of Bermuda-based insurer Enstar Group Limited has completed the purchase of the entire 27.7 per cent interest in Enhanzed Reinsurance Ltd previously held by an affiliate of Hillhouse Group. The company said the purchase pric...

Vantage Group Holdings Ltd, a member of Bermuda’s Class of 2020 re/insurers, has continued the buildout of its insurance platform with the introduction of new product offerings in healthcare and excess casualty. Vantage was established late last year...

Bermuda-based re/insurer Everest Re Group Ltd has appointed John Modin as president of Mt. Logan Re Ltd. The appointment is effective September 30. The company said Mr Modin joins Mt. Logan from Citigroup where he was a managing director in the finan...

The Royal Gazette/BSX Index closed unchanged at 2,567.50 in the absence of trading. The BSX Insurance Index remains unquoted. The Bank of Butterfield closed down 12 cents (0.36 per cent) at $33.04 on the New York Stock Exchange. The Bermuda Stock Exc...

Borr Drilling Limited, the Bermuda-based oilfield services company, has secured a letter of award for the premium jack-up drilling rig "Mist" from an undisclosed operator in Southeast Asia. The company said the programme is expected to commence in No...

Bermuda-based insurance holding company, James River Group Holdings Ltd, has appointed James Gunson as senior vice-president and chief claims officer. The company said Mr Gunson brings to James River more than 25 years of legal experience as well as ...

Global financial services provider Apex Group Ltd. has expanded its relationship with Pan-African Venture Capital fund Launch Africa Ventures, addressing the significant funding gap in the Seed and pre-Series A investment landscape in Africa. Launch ...

When Roy Fellowes launched the Bermuda Gin Co in 2019, he worried about the environmental impact of his gins. Glass bottles are vitally important for the marketing and sale of his Pink House and White Roof gins, but the production, transporting, and ...

A new estimate from catastrophe modelling firm, Karen Clark and Company (KCC) yesterday puts the insured loss from Hurricane Ida close to $18 billion – including $40 million in the Caribbean and the rest from wind and storm surge losses in the US. Ea...

The Royal Gazette/BSX Index finished down 26.82 (1.03 per cent) at 2,567.50 in light trading on the Bermuda Stock Exchange. The BSX Insurance Index remained unquoted. The Bank of Butterfield fell 15 cents (0.45 per cent) to close at $33.16 on the New...