Business
Philosopher businessman mounts solo art show
Businessman Raj Gupta, who runs the island-based investment management firm Invictus RG, is to hold his first solo art exhibition beginning on Friday at the Bermuda Society of Arts.
Mr Gupta won art c…
Mr Gupta won art c…
Real estate company awards top earners
Real estate professionals received awards during a ceremony at the Royal Bermuda Yacht Club Wednesday to recognise professional services team members of the Bermuda Realty Company Limited and top sale…
Bank price lowers on NYSE
The RG/BSX Index remained unchanged at 2,364.05 for the day with no trading activity on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited finished down 49 cents (1.40 per cent…
The Bank of N.T. Butterfield & Son Limited finished down 49 cents (1.40 per cent…
Digicel to introduce gig speeds for faster internet
Digicel has said they will deliver faster speeds for home fibre internet with the introduction of gig speeds from Digicel+.
The company said in a statement Wednesday that the introduction of gigabit …
The company said in a statement Wednesday that the introduction of gigabit …
Zyon Minors collects Polaris education award
Polaris Holding Company Ltd., parent company to Stevedoring Services Limited and East End Asphalt Company Limited has made Zyon Minors the recipient of a Polaris Holding Company Ltd. Education Award.
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Specialist hired to help grow US Casualty business
SiriusPoint Ltd, the global specialty re/insurer headquartered in Bermuda, has appointed Phil Wooldridge as head of London US Casualty.
The company said Mr Wooldridge has more than 25 years of experie…
The company said Mr Wooldridge has more than 25 years of experie…
Q2 profit for Bermuda ship owning company
SFL Corporation Ltd, the ship-owning company based in Bermuda, has reported a net profit of $57.4 million in the second quarter of the year.
The company received charter hire of approximately $164.9 m…
The company received charter hire of approximately $164.9 m…
Dave Ingram joins Bacardi Limited
Bacardi Limited, the world’s largest privately held spirits company, has appointed Dave Ingram as chief supply chain officer.
The Bermudian-based company said Mr Ingram brings 30 years of supply chain…
The Bermudian-based company said Mr Ingram brings 30 years of supply chain…
Premia syndicate agrees to LPT with Hiscox
Bermudian-based Premia Holdings Ltd has announced that Premia Syndicate 1884 has entered into a loss portfolio transfer agreement with Hiscox Syndicate 33.
The subject portfolio consists of a diverse …
The subject portfolio consists of a diverse …
Global corporate tax pact in jeopardy
The measure US president Joe Biden signed into law Tuesday that raises taxes on US corporations does nothing to comply with a separately negotiated 137-country deal for a global minimum tax on the wor…
Bank price moved higher on NYSE
The RG/BSX Index remained unchanged at 2,364.05 for the day with no trading activity on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited finished up 26 cents (0.75 per cent) …
The Bank of N.T. Butterfield & Son Limited finished up 26 cents (0.75 per cent) …
Bermudians complete fintech education
An eight week global fintech education programme was recently completed by 13 Bermudians.
The programme was a collaboration between the Economic Development Department and NEXT, the Island’s first dig…
The programme was a collaboration between the Economic Development Department and NEXT, the Island’s first dig…
Doug Kovach joins Concert Insurance as SVP
Industry veteran Doug Kovach has joined Concert Insurance Company as senior vice-president, underwriting and programme management, reporting to Concert’s chief underwriting officer, Joe Alberti.
“Doug…
“Doug…
Axa XL elevates new CUO
Axa XL Insurance has promoted Michael Perrotti to the role of chief underwriting officer for its marine insurance business in the Americas.
Previously inland marine practice leader for marine in North…
Previously inland marine practice leader for marine in North…
Argo appoints new US division president
Bermudian-based Argo Group International Holdings Ltd has appointed Jessica Snyder to serve as president, US insurance.
Ms Snyder will report to Tom Bradley, Argo’s executive chairman and chief execut…
Ms Snyder will report to Tom Bradley, Argo’s executive chairman and chief execut…
Mosaic’s pioneering platform integration
HowdenCAP, a division of UK-based international insurance broker Howden, and Bermudian-based specialty carrier Mosaic Insurance have launched a pioneering integration of their technology platforms tha…
Equitable and GAFG in $10B deal
Global Atlantic Financial Group, the Bermudian-based financial services company, has announced a $10 billion group annuity reinsurance agreement with Equitable Financial Life Insurance Company to rein…
BF&M CEO John Wight to retire
John Wight, the group CEO of BF&M Limited, is to retire at the end of the month.
Mr Wight, who became president and CEO of BF&M in 2005, will be succeeded as group CEO by Abigail Clifford, eff…
Mr Wight, who became president and CEO of BF&M in 2005, will be succeeded as group CEO by Abigail Clifford, eff…
Bermuda company to launch electric ferries
A Bermuda company is expecting to deliver in the near future a new class of waterway vessels powered entirely by sustainable energy – vessels envisaged as the next generation of commercial ferries.
Br…
Br…
The app that takes the stress out of home rentals
Bermudian tech entrepreneur Tom Allason and the team at Residently have revolutionised the British rental property market with an app that eliminates the stress and pain from the renting process.
Laun…
Laun…
Reinsurers move away from cat risks
Reinsurance companies are increasingly shifting away from the uncertainty of catastrophe risks and orientating their business mix more towards casualty and specialty primary lines, where pricing movem…
BDA to hire a chief operating officer
The Bermuda Business Development Agency is seeking a chief operating officer.
The BDA said that the new COO will be part of its executive team, reporting to the CEO.
An job advertisement on the BDA w…
Recession: to be or not to be?
This is one of those strange times when markets appear to be sending conflicting signals. Specifically, the 15 per cent rebound in the S&P 500 stock index since bottoming in mid-June suggests a li…
Bank price rises on NY Monday trading
The RG/BSX Index remained unchanged at 2,364.05, for the day with no trading activity on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited finished up 18 cents (0.52 per cent)…
The Bank of N.T. Butterfield & Son Limited finished up 18 cents (0.52 per cent)…
Aspiring lawyer awarded Carey Olsen scholarship
Student and aspiring lawyer Ice’ces Jackson has been awarded the Carey Olsen Investing in People scholarship.
The firm said she is the second person to be awarded the scholarship since its launch.
Ms …
The firm said she is the second person to be awarded the scholarship since its launch.
Ms …
Compre acquires medmal liability portfolio
Compre, the international legacy group headquartered in Bermuda, has acquired the hospital liability portfolio of German insurer Basler Sachversicherungs-AG, an entity of the Baloise Group.
The acquis…
The acquis…
Dallas expansion for Apex
Apex Group Ltd, the Bermudian-based global financial services provider, has acquired SandsPoint Capital Advisors, the US-headquartered professional services firm to the real estate market.
SandsPoint …
SandsPoint …
LiveNet CTO granted US patent
A Bermuda company executive has been granted a US patent for software that is a powerful defence against cyberwarfare.
But the application has been engineered into an integral part of a suite of servi…
But the application has been engineered into an integral part of a suite of servi…
BlockFi begins staffing Bermuda office
BlockFi, the global crypto financial services company, is recruiting staff for an office in Bermuda.
The company, which also has operations in New Jersey, is advertising for a head of Bermuda AML, and…
The company, which also has operations in New Jersey, is advertising for a head of Bermuda AML, and…
Pay off the mortgage — not so fast
Dear Dave,
My husband and I are retired. I receive a small pension, and we are both on government health insurance. We have about $25,000 left to pay on our mortgage, along with a second mortgage of $…
My husband and I are retired. I receive a small pension, and we are both on government health insurance. We have about $25,000 left to pay on our mortgage, along with a second mortgage of $…
Law firm recognised through international rankings
Offshore law firm Appleby has announced that 32 of their lawyers across nine jurisdictions have been recognised in this year’s IFLR1000 rankings.
Appleby’s offices in Bermuda, the British Virgin Islan…
Appleby’s offices in Bermuda, the British Virgin Islan…
Impact of rate rises on money-market funds
The US Federal Reserve raised interest rates again on July 27, in a second abrupt escalation one month apart, an additional 75 basis points, or 0.75 percentage points, was added to several prior actio…
Digicel launches mobile security app
Digicel is launching LookOut – a mobile security app that protects digital information.
The company said the app is useful at every level, including for device security, internet privacy and identity …
The company said the app is useful at every level, including for device security, internet privacy and identity …