Business
Bewlay leading AXA XL reinsurance
AXA XL has appointed Nancy Bewlay as chief executive reinsurance with immediate effect.
The company said Ms Bewlay assumes the role from Charles Cooper who, after more than 20 years as a senior execut…
The company said Ms Bewlay assumes the role from Charles Cooper who, after more than 20 years as a senior execut…
NAT to gain through the profits of war
Political uncertainty normally acts as a stimulant for his company’s business, the leader of Bermudian-based Nordic American Tankers Ltd said today.
Herbjorn Hansson, the company’s founder, chairman a…
Herbjorn Hansson, the company’s founder, chairman a…
Miller staffing Bermuda office
Market veteran John Duda is to join the Bermuda office of Miller, the independent specialist insurance and reinsurance broker, in June as head of ILS development and capital management products.
Mr Du…
Mr Du…
Ringing the bell for gender equality
Alison Crocket, the Acting Governor, and Tinée Furbert, the Social Development and Seniors Minister, were today at Exchange House on Pitts Bay Road, the new home of the Bermuda Stock Exchange (BSX), f…
The RIMS Conference is next month
A delegation from Bermuda led by David Burt, the Premier, is to travel to the annual RIMS conference next month in San Francisco.
The Bermuda Business Development Agency is central to activities of th…
The Bermuda Business Development Agency is central to activities of th…
BMA reports new phishing scheme to police
A fraudulent e-mail targeting people in Bermuda’s financial services industries has been reported to local law enforcement after giving the impression that it is coming from the Bermuda Monetary Autho…
Butterfield finishes lower
The RG /BSX Index closed down 0.73 points (0.03 per cent) at 2,609.41 after LOM Financial Limited finished at $5.15, down ten cents (1.9 per cent) with 40,000 shares changing hands on the Bermuda Stoc…
Webinar for transition from plastics
The Bermuda Economic Development Corporation, Beyond Plastic and Butterfield have joined forces to host a four-part webinar series to help small and medium sized businesses start planning for the tran…
Changes at the top for Argo Group
Argo Group International Holdings Ltd chairman Thomas Bradley has become acting CEO of the company in place of Kevin Rehnberg, who has taken a temporary medical leave of absence.
Mr Bradley sent an e-…
Mr Bradley sent an e-…
Fidelis staff explore Bermuda history
Employees of Fidelis Insurance Bermuda Limited are to learn more about Bermuda’s past, through workshops on the history of enslavement, emancipation, and segregation in Bermuda.
Fidelis is working wit…
Fidelis is working wit…
Sompo shuffle to support growth
Bermudian-based Sompo International Holdings Ltd, the global re/insurer, has announced a strategic reorganisation of its insurance business.
The company said the following changes will be made effecti…
The company said the following changes will be made effecti…
Diamond Standard Bar’s $75 Million Initial Offering
Diamond Standard has received regulatory approval from the Bermuda Monetary Authority to launch the $75 million initial offering of the Diamond Standard Bar.
Offered at $67,200, the price changes week…
Offered at $67,200, the price changes week…
New IoD courses available
The Institute of Directors Bermuda is to present two courses this month.
The Role of the Chair will be held virtually on March 24, and the next scheduled course in the Certificate in Company Direction…
The Role of the Chair will be held virtually on March 24, and the next scheduled course in the Certificate in Company Direction…
Pandemic pummels female workforce
A new report has determined that the pandemic has not just halted improvements in employment for women – but set it back by two years.
The report also states: “Women from Ethnic Minority groups are st…
The report also states: “Women from Ethnic Minority groups are st…
Solar panels that blend in with white roofs now available
A solar panel supplier has offered a product designed to blend in better with the island’s traditional white roofs.
Cameron Smith, the executive director of Greenlight Energy, said the company had alr…
Cameron Smith, the executive director of Greenlight Energy, said the company had alr…
New cafe opens on Pitts Bay Road
Bermuda has a fresh cafe option for breakfast and lunch.
Oak Café opened on Friday in the Belvedere Building at 69 Pitts Bay Road in Pembroke.
Owners Jessica James and Rikki Hornett said the name is a…
Oak Café opened on Friday in the Belvedere Building at 69 Pitts Bay Road in Pembroke.
Owners Jessica James and Rikki Hornett said the name is a…
Inception of virtual asset service provider
The inception of the Keon Foundation Ltd (Foundation) has been announced. It will serve as the virtual asset service provider for the Keon Finance Ecosystem (Keon) and will provide initial development…
Bank shares fall 3.83% on NYSE
The RG/BSX Index remained unchanged at 2,610.14 after only 200 shares (Argus Group Holdings Ltd unchanged at $6.39) traded on the Bermuda Stock Exchange.
On the New York Stock Exchange, The Bank of N….
On the New York Stock Exchange, The Bank of N….
Hires and promotions at law practice
ASW Law Limited has promoted Hanno Tolhurst and Kim Willey to the position of partner in the firm’s corporate department.
The firm has also welcomed recent new hires Nikhil Lawton-Misra and Matthew Ma…
The firm has also welcomed recent new hires Nikhil Lawton-Misra and Matthew Ma…
24 Exchange completes new funding round
Bermudian-based fintech company 24 Exchange has raised $7.025 million in a funding round led by Morgan Creek Digital, Aspire Financial, Blackwells Capital LLC and several individual investors.
24 Exch…
24 Exch…
Apex to provide services to Starlight funds
Apex Group Ltd, the Bermudian-based global financial services provider, has been appointed by Chinese venture capital firm Starlight Capital to provide fund administration and corporate services.
Star…
Star…
Board changes at Mt Logan Re
Mt Logan Re Ltd, Everest Re Group Ltd’s third party capital unit, has appointed market veteran Andrew J Sterge as a non-executive independent board director.
The company also announced the retirement …
The company also announced the retirement …
500 registered for International tech summit
Conference panels at the third annual International Technology Summit kick off Wednesday.
The event is spearheaded by Penrose Partners, the Canadian and Bermudian blockchain advisory firm.
Kerem Kolcu…
The event is spearheaded by Penrose Partners, the Canadian and Bermudian blockchain advisory firm.
Kerem Kolcu…
Winding up order issued for offshore drilling company
The Supreme Court of Bermuda has granted an order winding up Seadrill Limited, the Bermudian-based offshore drilling company.
The winding-up order was made by Puisne Judge Larry Mussenden after hearin…
The winding-up order was made by Puisne Judge Larry Mussenden after hearin…
Matthews appointed at Bermuda Realty
Phil Matthews has been appointed to the professional services department of Bermuda Realty Company Limited, after joining the firm in January.
Working along side Rob Newton, the two now comprise the c…
Working along side Rob Newton, the two now comprise the c…
Bermuda to face a ʽtsunami’ of chronic disease
Bermuda could face mounting costs from a high incidence of chronic disease as a lasting effect of the pandemic.
The Minister of Health today leads discussion on a ministry that already eats up a large…
The Minister of Health today leads discussion on a ministry that already eats up a large…
TBI seeks control of cable TV provider WoW
TeleBermuda International Limited has emerged as a prospective purchaser of cable television provider World on Wireless.
TBi’s pole position to take over Wow was revealed by the Regulatory Authority o…
TBi’s pole position to take over Wow was revealed by the Regulatory Authority o…
Kianté launches luxury body care business
Kianté Francis’s body care business — Luxe, Bliss, Love —has a scent for almost every mood.
Uplift Me, Cuddle Me, Seduce Me and Vacation Me are the names of some of her candles, creams and fragrances…
Uplift Me, Cuddle Me, Seduce Me and Vacation Me are the names of some of her candles, creams and fragrances…
Why clarity comes from listening to the voices already in the room
We sometimes catch ourselves, as individuals and as organisations, going from one fire drill to the next. It can be empowering and it can give us great momentum in the moment, but it can also drain us…
International Tech summit opens
Appleby, the international law firm, believes the use of technologies in addressing climate change is critical and the discussions this week at the 3rd annual International Tech Summit ‘22 are importa…
We cannot comprehend what the Ukrainians are going through
Readers, a commentary on managing your money seems ridiculously superfluous given what the Ukraine and her people are enduring minute by minute, day by day – not knowing the end result.
The ongoing ho…
The ongoing ho…
Date night does not have to be expensive
Dear Dave,
We’re trying to get control of our finances by living on a budget. We also have about $18,000 in debt we are trying to pay off. My husband brings home $3,400 a month, and I am currently tak…
We’re trying to get control of our finances by living on a budget. We also have about $18,000 in debt we are trying to pay off. My husband brings home $3,400 a month, and I am currently tak…
Insurers warned to test for cyber threats
Insurers and reinsurers holding large books of East European business are being urged to stress test their portfolios against the threat of Russian and Ukrainian cyber attacks.
A new report published …
A new report published …
Tuesday sessions to learn about fintech
Bermudians seeking to learn more about the emerging fintech sector – or wishing to work in the industry – are encouraged to attend a special educational session Tuesday.
Fintech and Digital Asset Educ…
Fintech and Digital Asset Educ…
Budget Breakfast hears about the need for retail
A vibrant retail sector is essential for a healthy Bermuda, a leading retailer and entrepreneur told the annual Budget Breakfast presented by the Bermuda Chamber of Commerce.
Delight Morris, founder a…
Delight Morris, founder a…
New plumbing business opens in Warwick
If you are desperately hunting for that hard-to-find part for a toilet or tub, or you need a more efficient way to heat your water, Warwick Plumbing has you covered.
Orrick Smith launched the plumbin…
Orrick Smith launched the plumbin…
Stellar year of earnings for IGI
International General Insurance Holdings Ltd. has reported $9.1 million profit for the quarter ended December 31, 2021, compared with $7.6 million for the same period in 2020.
Profit for the year was …
Profit for the year was …
Bank shares fell 46 cents on the NYSE
The RG/BSX Index remained unchanged at 2,610.14 as the only issue trading on the Bermuda Stock Exchange was Argus Group Holdings Ltd., closing unchanged at $6.39 after 1,700 shares changed hands.
In N…
In N…
Argus helps with ongoing testing for third sector
The Argus Group has raised nearly $20,000 for local charities, with the help of its customers.
The funds raised were used to purchase 10,000 antigen test kits for the island’s 32 non-profit organisat…
The funds raised were used to purchase 10,000 antigen test kits for the island’s 32 non-profit organisat…
Digicel customers can call and text Ukraine for free
Digicel is giving customers across the Caribbean and Central America the ability to call and text from their home country to the Ukraine for free from today.
The company said the opportunity is a show…
The company said the opportunity is a show…