Business
Soham offers yoga and mindfulness training for teens
A free, month-long pilot programme has paid dividends for Soham, the social enterprise that uses yoga and mindfulness to help young people grow into their best selves and live their best lives.
Tiffan…
Tiffan…
Butterfield up 63 cents on NYSE
The RG/BSX Index fell 0.65 of a point (0.03 per cent) to 2,401.42 after Watlington Waterworks Ltd. fell 55 cents (1.9 per cent) to close at $28.50, with its trading of 1,500 shares on the Bermuda Stoc…
Career move for Matthew Corbin
Matthew Corbin has joined Rawlinson & Hunter as trust services manager.
Mr Corbin joins the firm with 20 years of fiduciary and corporate experience, specialising in the formation and administrati…
Mr Corbin joins the firm with 20 years of fiduciary and corporate experience, specialising in the formation and administrati…
CFAs offer financial literacy course
CFA Society Bermuda has announced that the next financial literacy series, offered in partnership with the Bermuda College PACE programme, is to begin on September 28.
The series will run from 6pm unt…
The series will run from 6pm unt…
Essent Group adds to board of directors
Essent Group Ltd, the mortgage re/insurer based in Bermuda, has announced that Anu (Henna) A Karna has joined its board of directors.
Mark Casale, chairman and chief executive officer, said: “Henna br…
Mark Casale, chairman and chief executive officer, said: “Henna br…
BDA to connect in Las Vegas
The Bermuda Business Development Agency is to send a delegation to the InsureTech Connect event in Las Vegas next week.
BDA chairman Stephen Weinstein will speak on a panel entitled “Commercial Proper…
BDA chairman Stephen Weinstein will speak on a panel entitled “Commercial Proper…
Apex to service Laguna Bay’s new fund
An Australian agriculture fund manager has appointed Apex Group Ltd, the Bermudian-based global financial services provider, for the provision of fund administration services.
Brisbane-based Laguna Ba…
Brisbane-based Laguna Ba…
Crime cover to include employee theft
Counterpart, the AI-driven management liability insurtech, has launched crime coverage for small businesses backed by Bermudian-based Aspen Insurance.
The policy can be purchased on a stand-alone basi…
The policy can be purchased on a stand-alone basi…
Everest makes leadership appointments
Everest Reinsurance, the reinsurance division of Bermudian-based Everest Re Group, has made appointments to two key leadership roles in its international division.
Harald Jacobsen has been appointed s…
Harald Jacobsen has been appointed s…
Economic Development Department launches annual Reverse Pitch Competition
The Economic Development Department has launched the annual Reverse Pitch Competition.
Unlike a regular pitch competition, which involves participants presenting their business idea to potential inve…
Unlike a regular pitch competition, which involves participants presenting their business idea to potential inve…
The Harveys’ own game of thrones
Yolanda and Daron Harvey had to buy a cover for their car, because there is not much room in their garage any more. That is where they store all their thrones.
Since November 2020, the Warwick couple…
Since November 2020, the Warwick couple…
Bank share price slips on NYSE
The RG/BSX Index rose 9.30 (0.39 per cent) to close at 2,402.07, affected by Argus Group Holdings Ltd. which rose 39 cents (6.5 per cent) to $6.39 on a trading volume of 3,000 on the Bermuda Stock Exc…
Shareholders vote down activist resolutions
Shareholders of Bermudian-based R&Q Insurance Holdings Ltd have voted against resolutions brought by activist investors seeking to remove William Spiegel as a director and to appoint Ken Randall.
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Aon hires new head of captives
Grainne Richmond has joined the Bermuda office of Aon as executive vice-president, head of captives.
She joins from Strategic Risk Solutions, where she served as a vice-president.
Ms Richmond was prev…
She joins from Strategic Risk Solutions, where she served as a vice-president.
Ms Richmond was prev…
Apex seeks more Nordic exposure
Apex Group Ltd, the Bermudian-based global financial services provider, has expanded its presence in the Nordics region with the launch of new services delivered from its office in Sweden.
The company…
The company…
Crypto asset writer expands capability
Evertas, the American crypto asset insurer with an island-based subsidiary licensed by the Bermuda Monetary Authority, has added Australia and Hong Kong to the growing list of countries where it has t…
OTC nasal spray being tested against Covid-19
Bermudian-headquartered Altamira Therapeutics Ltd has reached its extended enrolment target of 160 confirmed subjects in its Covamid clinical investigation to evaluate the safety, tolerability, and ef…
EY to vote on possible firm split
Bermudian accountants and their global partners at one of the ‘Big Four’ accountancy firms will soon vote over a proposal for a strategic break-up.
The move by EY may mean new directions for the audit…
The move by EY may mean new directions for the audit…
Captive use evolves to cover new risks, panel told
Captives are playing an increasing role due to the evolving nature of the reinsurance market, a panellist told attendees at the 18th Bermuda Captive Conference.
Nicolas Plianthos, senior vice-presiden…
Nicolas Plianthos, senior vice-presiden…
Abir: Bermuda re/insurers have pivotal role in capacity crunch
Bermuda has an important presence at the 64th edition of Rendez-Vous de Septembre in Monte Carlo this week, the first opportunity for the world’s major insurers and reinsurers to gather en masse in a …
Bank share price falls 3.44%
The RG/BSX Index remained unchanged at 2,392.77 in the absence of any activity on the domestic board of the Bermuda Stock Exchange, for the second consecutive day.
The Bank of N.T. Butterfield & S…
The Bank of N.T. Butterfield & S…
Help needed with international business campaign
A trio of international business organisations has released a survey to gauge the validity of their annual ‘international business is everybody’s business’ campaign.
The awareness campaign has been r…
The awareness campaign has been r…
No word on tax cut for reinsurers
The government has confirmed a continuing working brief, keeping track of developments on international tax considerations that could force the island’s largest multinationals to pay a global minimum …
BEDC slashes cost of school for entrepreneurs
Entrepreneurship 101, the education course hosted by the Bermuda Economic Development Corporation, returns to in-person delivery and organisers have slashed the cost to just $180 to ensure cash-strapp…
Swiss ILS team move to Bermuda’s Lumen Re
Klaus Sapelza has been appointed chief underwriting officer and Mario Spescha has been named chief operations officer at Bermudian-based Lumen Re.
Both were formerly part of the ILS team at LGT Capita…
Both were formerly part of the ILS team at LGT Capita…
Envelop Capital Markets launched in Bermuda
Envelop Risk, the global specialty cyber underwriting firm, has launched Bermudian-based Envelop Capital Markets, a practice led by veteran underwriter and ILS specialist David Ross.
The company said …
The company said …
Catalina involved in new Lloyd’s market syndicate
Asta, the third-party managing agent at Lloyd’s, and Bermudian-based Catalina Group, a global provider of retrospective reinsurance and capital solutions, have announced that Lloyd’s have granted “in …
Apex continues New Zealand growth
Apex Group Ltd, the Bermudian-based global financial services provider, has continued its growth in New Zealand with the acquisition of Implemented Investment Holdings Limited, the parent company of I…
Captives evolve to cover new risks, panel told
Captives are playing an increasing role due to the evolving nature of the reinsurance market, a panellist told attendees at the 18th Bermuda Captive Conference.
Nicolas Plianthos, senior vice-presiden…
Nicolas Plianthos, senior vice-presiden…
Bank to force closure of BFN accounts
The Bank of NT Butterfield and Son Ltd, will shut down the bank accounts of the Bermuda Financial Network on Thursday, in effect putting the 26 year old company out of business.
It will mean the end o…
It will mean the end o…
Salt Yoga offering beginner classes
The new Salt Yoga studio is about to kick off its first round of beginners vinyasa yoga classes.
“Back to school and the new year are always popular times of the year for beginner yoga series to run,”…
“Back to school and the new year are always popular times of the year for beginner yoga series to run,”…
Bank share price goes up on NYSE
The RG/BSX Index remained unchanged at 2,392.77 in the absence of any activity on the domestic board of the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited was up 56 cents (1.68…
The Bank of N.T. Butterfield & Son Limited was up 56 cents (1.68…
Promotions at HSCM Bermuda
HSCM Bermuda has promoted Rachel Bardon to deputy chief investment officer, and Gokul Sudarsana to chief actuary.
Ms Bardon joined HSCM in 2016 as the firm was being formed. Since joining she has been…
Ms Bardon joined HSCM in 2016 as the firm was being formed. Since joining she has been…
PwC: global non-life run-off market increasing
Growth in global insurance, and the subsequent naturally occurring expiry or capital exit are reasons for an increase in the global non-life run-off market.
Estimated liabilities rose 11 per cent to $…
Estimated liabilities rose 11 per cent to $…
New 2022 insurance registrations rise to 52
The Bermuda Monetary Authority has confirmed the registration of nine insurers in August, taking this year’s number of new registrants to 52.
The BMA approved two restricted special purpose insurers –…
The BMA approved two restricted special purpose insurers –…
Leila Stansfield to lead Bacardi global travel retail
Leila Stansfield is to lead Bacardi’s global travel retail business, effective January 2023, when she will become the first female lead for the division.
She will succeed current managing director, Vi…
She will succeed current managing director, Vi…
Rene Lamer to head Bermuda reinsurance operations at IQUW
Rene Lamer has been appointed as head of reinsurance, Bermuda at IQUW, the property and specialty re/insurer.
Mr Lamer joined the IQUW Bermuda team last November.
The company said IQUW is able to writ…
Mr Lamer joined the IQUW Bermuda team last November.
The company said IQUW is able to writ…
Swiss reinsurer changes its name
MS Amlin AG, the Switzerland-domiciled global reinsurer with an underwriting office in Bermuda, has announced its rebrand to MS Reinsurance, An MS Amlin AG Company.
The name change, which will occur t…
The name change, which will occur t…
BMS Re appoints Chris McDowell as CEO
BMS Re, the specialty reinsurance broker, has appointed Chris McDowell as CEO of BMS Re Bermuda.
The appointment is effective November 26, following completion of his notice period and any requisite …
The appointment is effective November 26, following completion of his notice period and any requisite …