Business

Enstar Group Limited and Artex Capital Solutions announced a strategic arrangement to offer streamlined exit solutions for investors in the Artex Insurance-Linked Securities [ILS] transformation vehicles. A spokesperson said, “The arrangement will provide investors access to a diversified suite of prospective and retrospective exit products [“Exit Options”] through Cavello Bay Reinsurance Limited, Enstar’s wholly owned …

Hamilton Insurance Group has established a casualty reinsurance sidecar to provide dedicated underwriting capacity in support of the Company’s casualty reinsurance portfolio. A spokesperson said, “This sidecar will provide reinsurance capital over a multi-year period, with ceded premium over the duration of the structure projected to be approximately $300 million. The investor capital and overall asset …

April 15 saw 600 shares trade on the Bermuda Stock Exchange, valued at $14,394.00 BD. 600 shares were traded by Allshores Limited, closing even at $23.99 per share. The BSX finished at 3,594.70, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available …

A Spring & Mother’s Day Market will be held on Saturday [April 18] at St. Paul’s Anglican Church Hall in Paget, featuring local vendors and small businesses. A spokesperson said, “Join us on Saturday, April 18th from 10:00 a.m. to 3:00 p.m. at St. Paul’s Anglican Church Hall for a lively Spring & Mother’s Day …

Appleby welcomed Daniel Burkitt as Partner in its Dispute Resolution practice in Bermuda. A spokesperson said, “Daniel is an experienced advocate, with particular expertise in complex and high value insolvency and restructuring, commercial and company matters including shareholder disputes, cryptocurrency, asset preservation, insurance and reinsurance, trust disputes and ADR / arbitrations. He has extensive knowledge …

The Government is seeking proposals from firms to “improve relationships with the Government of Bermuda and official of the United States Congress, and other relevant organizations in the United States of America. ” The document said, “The Government of Bermuda is an UK overseas territory that services a population of approximately of 61,000 and is …

Collas Crill has appointed David Thom as Counsel in its Bermuda office, enhancing the firm’s strength in complex commercial and insurance disputes. A spokesperson said, “David joins with extensive experience in litigation and arbitration, advising clients on a wide range of corporate, insurance and professional liability matters. He is particularly experienced in handling complex, high-value …

The Bermuda Economic Development Corporation [BEDC] celebrated the graduation of the seventh cohort of the Enterprise Bermuda Incubator [EBI] on Thursday, April 9, 2026. A spokesperson said, “The Bermuda Economic Development Corporation [BEDC] celebrated the graduation of the seventh cohort of the Enterprise Bermuda Incubator [EBI] on Thursday, April 9, 2026, at the Four Ways …

Agam Capital is advising one of the largest mutual life insurers in the United States, in the formation and launch of an incorporated segregated account company [ISA] as a Bermuda-domiciled Class E life and annuity reinsurer. A spokesperson said, “This strategic engagement leveraged Agam’s unique pALM analytical platform and differentiated capabilities to support the insurer …

The fifth annual Bermuda Risk Summit 2026 has concluded,  having welcomed 460 delegates, including 172 international attendees. A spokesperson said, “The fifth annual Bermuda Risk Summit 2026, hosted by the Bermuda Business Development Agency [BDA], brought together senior leaders for three days of high-level dialogue, market insight and strategic engagement that reinforced Bermuda’s position as a …

Carey Olsen Bermuda has advised Elliott Investment Management L.P. on the Bermuda law aspects of its engagement with Norwegian Cruise Line Holdings Ltd. A spokesperson said, “Carey Olsen has advised Elliott Investment Management L.P. [Elliott], a leading U.S. investment firm, on the Bermuda law aspects of Elliott’s engagement with Norwegian Cruise Line Holdings Ltd. [NCLH], …

Appleby has appointed Claire van Overdijk KC as Head of Private Client & Trusts in Bermuda. A spokesperson said, “Appleby is delighted to announce the appointment of partner Claire van Overdijk KC as Head of Private Client & Trusts in Bermuda. Claire is responsible for the firm’s contentious and non-contentious private client & trusts practice. …

AM Best has affirmed Coralisle Group Ltd.’s subsidiaries with A [Excellent] financial strength ratings and stable outlooks, citing strong balance sheet strength and solid operating performance. The ratings agency said, “AM Best has affirmed the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a” [Excellent] of the …

HSBC Bermuda confirmed that issues affecting some Visa Gold and Visa Classic credit card transactions linked to personal PayPal wallets have now been resolved following recent service interruptions tied to enhanced security controls. A spokesperson said, “Following the recent interruptions to some services attributed to the implementation of enhanced security controls, HSBC Bermuda confirms that …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, April 11th. On Sunday the Explorer II cruise ship, the GMT Germany discharge ship, and the Walther Herwig III ship are expected, on Monday the Oleander container ship and the Valiant Lady cruise ship will arrive, …

April 10 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,479.56, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock …