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Butterfield Bank has learned its lessons from the huge losses it suffered in the wake of the global financial crisis and is working hard to show stakeholders that it has changed for the better. That is the message from the bank's new chief risk offic...

A new art exhibit shows how the Ace Group has gone from strength to strength in the 25 years since it was first incorporated. The Ace Group opened the exhibition, ‘25 Years of Insuring Progress', to highlight the history of the company. The 13-panel...

The Association of Bermuda Insurers and Reinsurers (ABIR) today announced that Leila Madeiros has been promoted to the position of deputy director. Her title is now senior vice-president, deputy director and corporate secretary. Ms Madeiros has work...

Capital G Bank Ltd. and First Bermuda Group Ltd. (FBG) have announced the formal amalgamation between FBG and Capital G Holding Company Ltd., effective today. The agreement was signed on December 21, 2010 and subsequently approved by the FBG sharehol...

Bermuda-based reinsurer PartnerRe Ltd today announced that its board of directors has approved a new share repurchase authorisation of up to seven million common shares, effective immediately. This replaces the prior authorisation of seven million co...

Flagstone Reinsurance Holdings has raised its estimate of losses from the New Zealand earthquake to $75.5 million. The new number, released last night, is almost 50 percent more than the Luxembourg-based reinsurer’s original $52.5 million estimation....

Butterfield Bank held its sixth annual ‘Butterfield 411’ Student Networking Event at the Bermuda Society of Arts in City Hall. The objectives of the Butterfield 411 are to create opportunities for local high school graduates and college/university st...