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The RG/BSX Index closed unchanged at 2,666.40, with just 19 shares ($104.50) trading in one issue, Argus Group Holdings Ltd. Argus closed unchanged at $6.05 on the Bermuda Stock Exchange. The BSX Insurance Index remained unquoted. On the New York Sto...

The National Museum of Bermuda has expanded its stock of gifts in time for Christmas shoppers. Additions include reproductions of historic maps, such as the first hydrographic survey of Bermuda by Royal Navy Commander Thomas Hurd and prints, includin...

The head of a billion-dollar data and software company located in Bermuda has been accused of sexual misconduct. Zia Chishti, the founder and chief executive officer of Bermuda-based Afiniti, has been accused of pressuring a former employee into havi...

A senator yesterday fought back tears as she told colleagues about her rape ordeal. The emotional moment came ahead of a vigil in Hamilton calling for more support for victims of domestic violence and abuse. Lindsay Simmons, junior minister for Socia...

Students at four schools have been given almost 200 laptops thanks to a donation from Belco. The power company gave 187 laptops to students at Dellwood Middle School, Whitney Institute, Sandys Middle School and Clearwater Middle School. Belco preside...

Bermuda-based offshore drilling company Seadrill Limited has announced that a new, independent, seven-member board of directors will assume leadership of the new parent company of the Seadrill group upon emergence from Chapter 11. The company said th...

A new charity that aims to tackle homelessness will be boosted by $50,000 from the Green family. Half of the money has already been donated to the charity, called home, with a second $25,000 instalment to help cover some of next year’s costs. A spoke...

Bermuda-based Apex Group Ltd has become one of the first global fund administrators to receive regulatory approval to operate in India’s Gujarat International Finance Tec-City International Financial Centre. Apex said that GIFT City is a planned inte...

Bermuda-based Signet Jewelers Limited, the world's largest retailer of diamond jewellery, has finalised its acquisition of Diamonds Direct USA Inc for $490 million in cash. The company said that this reflects approximately a 1.1x multiple on annualis...

SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, has appointed Andreas Kull as chief risk officer, effective March 1. The company said Mr Kull will be responsible for overseeing SiriusPoint’s enterprise-wide risk management str...

San Francisco was gloomy and rainy for most of the two weeks I was there visiting my family. On those grey days, I tried to recognise precious moments as if I were collecting dark red cherries during hot summer days in the radiant orchards of nearby...

Lloyd’s CEO John Neal described his visit to the island this week as very valuable and said that Mosaic Insurance helped make it all happen. (See related story.) Launched in February, Mosaic was founded with a wholly-owned Lloyd’s Syndicate, 1609, a...