Business

Everest Group, Ltd. has signed a definitive agreement to sell its Canadian Retail Insurance operations, Everest Insurance Company of Canada, to The Wawanesa Mutual Insurance Company. “This transaction represents a strong outcome for both organizations, our shareholders and our colleagues,” said Jim Williamson, President and Chief Executive Officer of Everest. “The Canadian Retail team has …

March 23 saw 17,001 shares trade on the Bermuda Stock Exchange, valued at $814,041.00 BD. 15,201 shares were traded by Bank of N.T. Butterfield Ltd, closing up 2.0% at $51.00 per share, while another 1,800 shares were traded by Allshores Limited, closing even at $21.80 per share. The BSX finished at 3,285.40, up 1.78% on …

Starr, a global investment and insurance organization, today announced that it has completed its acquisition of IQUW Group, “creating a broader, more diversified specialty [re]insurance platform with enhanced capabilities across the London market, Bermuda and UK retail motor.” A spokesperson said, “The combined Starr business now serves more clients and brokers in more specialist classes …

Compre Group Holdings Limited, the Bermuda-domiciled international specialty reinsurance group, has entered into an adverse development cover [ADC] transaction with a European-domiciled reinsurance entity, providing protection for a diversified portfolio of motor, engineering and liability business. A spokesperson said, “The transaction covers an assumed reinsurance book spanning underwriting years 2018 to 2024, with net reserves …

PartnerRe Ltd reported full-year 2025 net income of $2.10 billion, highlighting strong underwriting and investment performance. A spokesperson said, “PartnerRe Ltd. today reported Full Year 2025 Results Highlights Gross premiums written of $9.16 billion Non-life gross written premiums of $6.70 billion Life and Health gross written premiums of $2.47 billion Net income attributable to PartnerRe …

HSBC Bermuda [HSBC] announced Kevin Davies as the winner of the Mastercard Credit Card “Spend & Get” South African Safari Campaign Draw. A spokesperson said, “From November 19th, 2025 through January 31st of this year, for every $300.00 purchase made via their HSBC Mastercard, customers automatically qualified for one entry into the campaign’s prize draw, …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, March 21st. On Saturday the Atlas Leader auto carrier, the Flex Artemis medical ship and the Umm Graybah container ship are expected, on Monday the Oleander container ship will arrive, and on Tuesday the Somers Isles …

Freisenbruch Insurance Services Ltd. has launched Benefits Advisory, a new practice offering independent advisory and broking services across group health, life, disability, and pension programs for Bermuda employers. A spokesperson said, “Bermuda employers face rising costs and increasing complexity in managing employee benefit programs in a limited market. Freisenbruch established a Benefits Advisory service to …

Relay For Life of Bermuda has announced Arch Reinsurance Ltd as the Luminaria Ceremony sponsor for the 2026 event on May 8 at the National Sports Centre. A spokesperson said, “Relay For Life of Bermuda is pleased to welcome Arch Reinsurance Ltd as the Luminaria Ceremony Sponsor for the 2026 event. Held annually during Relay, …

March 19 saw 10,256 shares trade on the Bermuda Stock Exchange, valued at $512,800.00 BD. 10,256 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.0% at $50.00 per share. The BSX finished at 3,227.73, down 0.88% on the day. There was 1 advance, 1 decline, and 45 remained unchanged. The full report …

Marsh Risk announced the launch of BX1, a “new Bermuda-domiciled insurance facility designed to provide US-based clients with a robust and streamlined excess casualty insurance solution. ” A spokesperson said, “BX1 offers a unified block of $50 million capacity, placement certainty, and superior policy terms tailored to meet the complex needs of the challenging US …

B-Mobile Bermuda announced a “strategic partnership with Branded Realities Inc. to bring cutting-edge experiential marketing and creative technology to Bermuda and the wider Caribbean.” A spokesperson said, “The collaboration centres on the REALITIES platform and its flagship patented product, Pose With. This technology delivers immersive augmented reality [AR] interactions—including holographic capture and digital storytelling—allowing tourists …

Food & Wine recently tested 12 different ginger beer varieties, with Goslings Stormy Ginger Beer ranked at number nine. The story said, “Ginger beer is the bottle you buy for one cocktail — and then suddenly can’t live without. It’s spicy, bubbly, and just sweet enough to feel like a treat, equally at home on …

March 18 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,256.51, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: March 17 2026 Bermuda Stock Exchange Report: March 16 …

Wilton Reinsurance Bermuda Limited continued its employee-directed philanthropic program in 2025, directing over $50,000 in donations to Bermuda-based charities while staff also volunteered time to local initiatives. A spokesperson said, “Wilton Reinsurance Bermuda Limited continues to demonstrate strong commitment to the local community through its employee-directed philanthropic program, which empowers staff to allocate donations to …

The Loren at Pink Beach will host its inaugural Writers in Residence retreat from March 27–29, featuring author-led conversations, special events, and appearances by notable literary and artistic figures curated by Brisa Carleton. A spokesperson said, “Curated by Tony Award–winning producer and author Brisa Carleton, the debut weekend at The Loren will feature New York …

HSBC Bermuda has refreshed its Springboard Mortgage programme, enabling first-time homebuyers to enter the property market with as little as a 5% deposit and up to 95% financing. A spokesperson said, “HSBC Bermuda has refreshed its Springboard Mortgage, a programme designed to help first-time homebuyers enter the property market with a deposit of as little …

Consumers paid 2.4% more in December than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the Department of Statistics’ December 2025 Consumer Price Index. “In summary, consumers paid 2.4 per cent more …

After adjusting for the retail sales rate of inflation – measured at 2.4% in December – the overall volume of retail sales index increased 0.9% when compared to December 2024, according to the newly released Retail Sales Index. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the December 2025 Retail Sales …

The Ministry of Economy and Labour has released the 2024 Information and Communication Technology [ICT] Profile, showing the sector contributed 3.1% to Bermuda’s GDP in current prices. A Government spokesperson said, “Today, the Ministry of Economy and Labour, the Hon. Jason Hayward, JP, MP, released the 2024 Information and Communication Technology [ICT] Profile from the …