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The Argus Group will sponsor the Argus Walks the Walk with The Centre on Philanthropy on March 18. The walk, which starts and ends outside the Argus Building on Wesley Street, Hamilton, allows participants to donate their entry fee to their favourite...

A winter storm that delivered hurricane-force gusts moved on from Bermuda yesterday, leaving hundreds of residences without power. Yesterday began with close to 3,500 homes in the dark, with more than 500 in the Harrington Sound area where a transfor...

Ironshore Inc has expanded its partnership between Bermudian-based Iron-Starr Excess Agency Ltd with Oil Casualty Insurance Ltd to underwrite property lines. Iron-Starr has underwritten coverages on behalf of Ocil, a subscribing insurer for financi...

Fierce winds and waves battered Bermuda yesterday as a powerful winter storm swept past the north of the island. Wayne Caines, the national security minister, confirmed that all government offices and public schools would be open today. Mr Caines add...

The impact on jobs at XL Group is expected to be limited after it is acquired by French multinational insurance company Axa in a $15.3 billion deal. Although no figures have been mentioned, Mike McGavick, chief executive officer of XL Group, believes...

Harrington Sound Primary School closed today after a power outage. Parents were urged to collect students as soon as possible. The Bermuda Government said electricity was lost after a Belco transformer blew in the Harrington Sound area as a powerful ...

HSBC Bermuda’s value to the global banking group was underlined by a 38 per cent improvement in profits during 2017. The full-year results also give an insight into Bermuda’s economic activity and confidence levels. The bank’s non-performing loans dr...

XL Group is being bought by French multinational insurance company Axa in a $15.3 billion deal. The merger agreement has been unanimously approved by the boards of Axa and Bermudian-based XL Group. XL shareholders will receive $57.60 per share under ...

NEW YORK (Bloomberg) — Axa SA is in advanced talks to buy Bermudian-based XL Group Ltd, people familiar with the matter said. A deal could be announced in coming days, said the people, who asked not to be identified because the matter isn’t public. P...

HSBC Bermuda made a profit of $162 million last year, an increase of $45 million, or 38 per cent, year-on-year. Once the impact of notable and one-off items were deducted, the adjusted net income was $140 million, up 22 per cent for the year. Adjuste...

Hundreds of people lost power as a result of strong winds this weekend. And a Storm Warning has been issued for tomorrow afternoon and evening. Ken Smith, meteorologist with the Bermuda Weather Service, added that a Gale Warning would again be in ef...

XL Catlin’s insurance operations in France have a new solution to address the insurance needs of construction engineering firms through a single product. This solution covers material damage due to inherent defects for ten years after the completion...