Fidelis To Rebrand As Pelagos Insurance

Fidelis Insurance Holdings Limited announced its intention to rebrand as Pelagos Insurance Capital Limited and begin trading as NYSE: PLGO in May 2026, pending regulatory and shareholder approvals, while confirming that its operations, regulatory permissions, and client arrangements will remain unchanged. A spokesperson said, “Fidelis Insurance Holdings Limited [NYSE:FIHL] [“Fidelis Insurance Group” or the “Company”], …
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Nick Vernon Joins Walkers Bermuda

Walkers has strengthened its Bermuda employment practice with the appointment of employment partner Nick Vernon. A spokesperson said, “We have bolstered our Bermuda offering with the hire of employment partner, Nick Vernon. “His arrival marks a significant milestone as we respond to increasing demand for specialist employment advice in the market, enhancing its established employment …
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Allshores Partners With The Phoenix Stores

“Beginning March 1, new prescriptions for certain high-cost medications will be directed to The Phoenix Stores pharmacies as the designated provider,” Allshores said. A spokesperson said, “Allshores Limited announced a pharmacy partnership designed to help manage rising prescription drug costs while maintaining full coverage and continued access for members, particularly those managing chronic or complex …
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Fidelis Expands Capital Management Initiatives

Fidelis Insurance Group has announced an expansion of its capital management initiatives, including an increase in its common share repurchase authorization to $400 million and a quarterly dividend of $0.15 per share. A spokesperson said, “Fidelis Insurance Holdings Limited [NYSE:FIHL] [“Fidelis Insurance Group” or “the Company”], a strategic capital allocator and risk selector in specialty …
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Food Establishment Grades Now Available

The Ministry of Health today announced that Grades for food establishments licensed 1 April 2025-31 Mar 2026 are now publicly available on the Government of Bermuda portal, Gov.bm. A Government spokesperson said, “Each year, Environmental Health Officers conduct inspections of restaurants, cafés, bars, grocery stores, and other food businesses to assess compliance with Bermuda’s food safety …
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Bank Of Butterfield To Acquire R&H Guernsey

The Bank of N.T. Butterfield & Son Limited has entered into an agreement to acquire Rawlinson & Hunter in Guernsey, the independently owned Guernsey member firm of the Rawlinson & Hunter International Network. A spokesperson said, “The acquisition will further expand the Bank’s Channel Islands presence and strengthen its trust and fiduciary offering with the addition …
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