Business

Sun Life has established Sun Life Bermuda Limited, a new wholly owned subsidiary that expands its Bermuda operations to offer participating life insurance products. A spokesperson said, “Sun Life today announced the establishment of Sun Life Bermuda Limited, a wholly owned insurance subsidiary of Sun Life Assurance Company of Canada. The new subsidiary is licensed …

A planning application has been submitted on behalf of the UK Space Agency seeking permission for the “installation of three telescope systems, together with the infrastructure necessary for their operation, including individual concrete bases, electrical power and data/internet connectivity” in the east end. The application summary stated, “Proposed installation of three telescope systems, with the necessary …

FGH Parent, L.P. — together with its subsidiaries, Fortitude Re — announced its “acquisition of substantially all of the assets of Dayforward Inc, a digitally native insurance technology company, through a newly formed entity that will be renamed Fortitude Life.” A spokesperson said, “Dayforward’s proprietary end-to-end platform is designed to support annuity distribution partners. The …

SiriusPoint and Sutton Special Risk have launched SportsSecure, a specialized insurance solution designed to help colleges and universities manage injury-related financial risks associated with Name, Image, Likeness [NIL] and revenue-sharing commitments. A spokesperson said, “SiriusPoint Ltd. [“SiriusPoint”] [NYSE: SPNT], a specialty underwriter, has today announced a new strategic partnership with Sutton Special Risk, a specialist …

September 28 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,746.83, even on the day. There were 0 advances, 0 declines, and 43 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Sept 25 2026 Bermuda Stock Exchange Report: Sept 24 …

After adjusting for the retail sales rate of inflation, the overall volume of retail sales decreased 3.2% in April 2026 compared to April 2025, according to the Ministry of Economy and Labour’s Retail Sales Index. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the April 2026 Retail Sales Index publication. “April’s …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, September 26th. On Sunday the Carnival Venezia cruise ship is expected, on Monday the Oleander container ship and the Independence of the Seas cruise ship will arrive, and on Tuesday the Somers Isles container ship and …

September 25 saw 1,133 shares trade on the Bermuda Stock Exchange, valued at $65,744.00 BD. 1,133 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.3% at $58.00 per share. The BSX finished at 3,746.83, down 0.31% on the day. There were 0 advances, 1 decline, and 42 remained unchanged. The full report …

Arcadian Risk Capital has appointed Matthew Mullen as Executive Vice President to lead its expansion into the U.S. Enterprise Casualty market, supported by multi-year underwriting capacity. A spokesperson said, “Arcadian Risk Capital [“Arcadian”], a rapidly growing specialty managing general agent [“MGA”] with operations in Bermuda, Ireland, the United Kingdom, and the United States, today announced …

AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating of “a-” [Excellent] of Premia Reinsurance Ltd. [Premia Re] [Bermuda]. The outlook of these Credit Ratings [ratings] is stable. The ratings agency said, “The ratings reflect Premia Re’s balance sheet strength, which AM Best assesses as very strong, …

September 24 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,758.34, even on the day. There were 0 advances, 0 declines, and 43 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Sept 23 2026 Bermuda Stock Exchange Report: Sept 22 …

Liberty Mutual Insurance has appointed Shaun Sinniah as Head of Capital Solutions for Global Risk Solutions [GRS], effective September 28. A spokesperson said,  ”Liberty Mutual Insurance today announced that Shaun Sinniah will join the company as Head of Capital Solutions for Global Risk Solutions [GRS], effective September 28. Sinniah will report to GRS President Matthew …

September 23 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,758.34, even on the day. There were 0 advances, 0 declines, and 43 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Sept 22 2026 Bermuda Stock Exchange Report: Sept 21 …

The Fidelis Partnership announced that Peter Williams has joined Pine Walk as Chief Underwriting Officer, alongside the appointment of Gary McInally as CEO of Pine Walk Capital Limited and Managing Director of Pine Walk. A spokesperson said, “The appointments further strengthen Pine Walk’s leadership team and support its continued growth with Pine Walk now supporting …