Appleby welcomes summer interns
Appleby Bermuda has welcomed three legal interns to its rotational summer internship programme, and three interns to Appleby Global Services, Appleby’s corporate and fiduciary service provider.
The s…
The s…
Business
Beyond tax: why big companies are choosing Bermuda
Moving corporate domicile to Bermuda is a trend gathering momentum among large, multinational companies across multiple industries.
And in contrast to many redomiciliations in the past, the new arriva…
And in contrast to many redomiciliations in the past, the new arriva…
PR pioneer returns with new venture
When Liz Sloan (née Tee), started public relations firm Troncossi at age 28, she had to educate the public about the value of PR itself.
“In 2000, there weren’t lot of resources put towards it,” she t…
“In 2000, there weren’t lot of resources put towards it,” she t…
Resolution Life strikes UK pension risk transfer deal
Bermudian-based Resolution Life has entered into a new UK pension risk transfer with a leading British insurer.
This transaction, Resolution’s fourth in two months following three recent deals in Asia…
This transaction, Resolution’s fourth in two months following three recent deals in Asia…
Bermuda Stock Exchange Report: July 7 2026
July 7 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,746.76, 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: July 6 2026 Bermuda Stock Exchange Report: July 3 …
Butterfield shares edge higher in New York
The RG/BSX Index remained at 3,746.76 in the absence of trading on the Bermuda Stock Exchange.
Butterfield rose 8 cents or 0.13 per cent on the New York Stock Exchange to close at $60.60 with 107,544 …
Butterfield rose 8 cents or 0.13 per cent on the New York Stock Exchange to close at $60.60 with 107,544 …
Underwriting leadership appointments at MS Re
MS Reinsurance today announced two appointments to its underwriting leadership team. Effective August 1, Lisa Butera will join as chief underwriting officer for North America, overseeing the company’s…
Sompo agrees to acquire US workers’ compensation insurer
Bermudian-based Sompo International Holdings Ltd has agreed a deal for one of its US subsidiaries to acquire Service Insurance Companies, a US workers’ compensation insurance specialist.
Sompo said Se…
Sompo said Se…
New eatery opens in St George’s
A new eatery has opened in the St George’s Club Hotel.
Drift GastroBar is part of the Achilles Bay group, under the management of Stefania Di Meglio and Guido Brambilla.
As part of its soft launch, D…
Drift GastroBar is part of the Achilles Bay group, under the management of Stefania Di Meglio and Guido Brambilla.
As part of its soft launch, D…
New mobile groomer takes pet care on the road
Working as a veterinary tech assistant, on and off for 15 years, Stephanie Almeida discovered she was more interested in pet grooming than medicine.
She loved brushing out the animals’ fur or taking c…
She loved brushing out the animals’ fur or taking c…
S&P: sidecars increasingly used to cover casualty risks
Sidecars are being increasingly used by Bermudian re/insurers to cover casualty risks, according to a new report.
Traditionally used to tap third party capital to cover property-catastrophe risk, side…
Traditionally used to tap third party capital to cover property-catastrophe risk, side…
Bryan Dooley: AI investment cycle has room to run
Markets rebounded sharply in the second quarter, marking a dramatic reversal in risk sentiment from the war-induced sell-off earlier in the year. The second quarter was defined by the ongoing conflict…
Fortitude Re Signs $3.8 Billion Unum Agreement
Fortitude Re announced the signing of a $3.8 billion reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. [FRL] and Unum Life Insurance Company of America [Unum], a subsidiary of Unum Group. A spokesperson said, “Upon receipt of regulatory approvals and subject to satisfaction or waiver of certain other customary closing conditions, Unum will recapture …
Bermuda Stock Exchange Report: July 6 2026
July 6 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,746.76, even on the day. There was 1 advance, 0 declines, and 46 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: July 3 2026 Bermuda Stock Exchange Report: July 2 …
Butterfield rises 1.49% in New York
The RG/BSX Index remained at 3,746.76, unchanged.
Only one international company saw activity on the Bermuda Stock Exchange with 6,676 HSBC shares changing hands to close at $17.11, up $2.11, or 14.06…
Only one international company saw activity on the Bermuda Stock Exchange with 6,676 HSBC shares changing hands to close at $17.11, up $2.11, or 14.06…
Cann, Smith represent island at International Labour Conference
Bermuda was represented at the International Labour Conference in Geneva, Switzerland.
Gabrielle Cann, the Director of Labour and government representative, and Dean Smith, president of the Bermuda Tr…
Gabrielle Cann, the Director of Labour and government representative, and Dean Smith, president of the Bermuda Tr…
JP Morgan: reinsurance pricing pressure set to intensify
Pricing pressure is likely to continue in reinsurance after the fifth consecutive quarter of catastrophe losses below the historical average of $20 billion, analysts from JP Morgan reported.
In a new …
In a new …
Fortitude Re agrees $3.8b long-term care reinsurance deal
Bermudian-based Fortitude Re announced has signed a $3.8 billion long-term care reinsurance transaction with Unum Life Insurance Company of America.
Upon receipt of regulatory approvals and subject to…
Upon receipt of regulatory approvals and subject to…
Proliferation risk report released
The Government has published the first report assessing Bermuda’s proliferation risk — the danger of funds, services, or trade being used to support the acquisition or development of weapons of mass …
Conyers welcomes summer students
The Conyers 2026 Bermuda Summer Law Student Programme includes nine students who will be immersed in practical legal experience, the firm said.
During the eight-week programme, they will be exposed to…
During the eight-week programme, they will be exposed to…
Shipping Schedule: Week Starting July 4
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, July 4th. On Saturday the Independence of the Seas and the Norwegian Jewel cruise ships are expected, on Sunday the Oleander container ship will arrive, and on Monday the Norwegian Aqua and the Vision of the …
Longevity problem no one talks about
Here’s a question worth sitting with: if a treatment became available that could safely extend your life by 15 to 20 years – pushing your lifespan to 110 or beyond – would you take it?
Ten years ago,…
Ten years ago,…
Does working just to build more wealth make sense?
Dear Dave,
My husband loves his job, works a regular schedule and he makes over $180,000 a year. I love my work as a part-time substitute teacher in our local school system.
We are debt-free, except …
My husband loves his job, works a regular schedule and he makes over $180,000 a year. I love my work as a part-time substitute teacher in our local school system.
We are debt-free, except …
Bermuda Stock Exchange Report: July 3 2026
July 3 saw 1,500 shares trade on the Bermuda Stock Exchange, valued at $39,750.00 BD. 1,500 shares were traded by Allshores Limited, closing up 1.9% at $26.50 per share. The BSX finished at 3,746.76, up 0.13% on the day. There was 1 advance, 0 declines, and 46 remained unchanged. The full report for the day …
Crystal Caesar takes swipe at Premier on way out as education minister
Crystal Caesar has resigned as Minister of Education and government senator, while David Burt, the Premier, announced a swearing-in of new ministers.
In an explosive public statement released last nig…
In an explosive public statement released last nig…
Demeka Tacklyn launches third store
Demeka “Tiny T” Tacklyn has launched a third retail outlet with a focus on helping customers show their Cup Match colours.
Ms Tacklyn sells children’s toys such as a real cooking kitchen play set, bab…
Ms Tacklyn sells children’s toys such as a real cooking kitchen play set, bab…
Aon sees softening reinsurance pricing
Global reinsurers entered the midyear renewal season with record levels of capital, increased appetite for risk and greater flexibility, helping drive lower prices and improved terms for insurers, acc…
Bermuda Stock Exchange Report: July 2 2026
July 2 saw 2,800 shares trade on the Bermuda Stock Exchange, valued at $73,000.00 BD. 2,800 shares were traded by Allshores Limited, closing even at $26.00 per share. The BSX finished at 3,741.86, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available …
Everest announces leadership appointments
Bermudian-based re/insurance group Everest announced two key leadership appointments within its Everest Global Wholesale and Specialty business, effective October 1.
Stephen Buonpane has been appointe…
Stephen Buonpane has been appointe…
Fidelis syndicate secures first cat bond protection
The Fidelis Partnership has secured catastrophe bond protection for one of its Lloyd’s syndicates through a $75 million issuance, marking another step in the growth of its reinsurance platform.
The co…
The co…
Butterfield slips 1% on NYSE
The RG/BSX Index remained unchanged at 3,741.86 today.
Only Allshores saw activity on the Bermuda Stock Exchange with 2,800 shares trading with the price holding at $26. The turnover was $73,000.
Mean…
Only Allshores saw activity on the Bermuda Stock Exchange with 2,800 shares trading with the price holding at $26. The turnover was $73,000.
Mean…
First accounting career fair hailed a success
Organisers hailed the Chartered Professional Accountants of Bermuda’s inaugural Accounting Career Fair on Wednesday as “a great success”, with approximately 70 attendees who learnt about opportunities…
Two executives promoted at Hamilton Select
Hamilton Insurance Group has promoted two senior executives at its United States excess and surplus lines platform, Hamilton Select, as the Bermudian-based insurer continues to expand its wholesale di…
Verisk expects Venezuela earthquake losses to top $10b
Catastrophe modelling firm Verisk has estimated economic losses of more than $10 billion from the earthquake that caused widespread damage in Venezuela last month.
However, Verisk did not give an esti…
However, Verisk did not give an esti…
Agam names new CEO for Japan business
Agam Capital, which provides technology-enabled insurance-asset and liability management, has announced the appointment of Kunihiko Iinuma as managing director and CEO of Agam Capital Japan.
Agam ope…
Agam ope…
Island tanker firm’s three vessels exit Strait of Hormuz
A Bermudian-based oil tanker operator today revealed three of its ships were moving freely again after being stranded for months during hostilities in the Middle East.
Herbjorn Hansson, chairman and c…
Herbjorn Hansson, chairman and c…
Custom Mechanics revs up for growth
When Kenny DeSilva moved his motorcycle shop to Jackson’s Way in Hamilton the space was five times bigger than his old location.
A year later, he has run out of space in the old carwash next to the Bu…
A year later, he has run out of space in the old carwash next to the Bu…
Finance professionals consider AI’s transformational impact
A women’s business group was presented with specific examples of how artificial intelligence is helping organisations uncover insights more quickly, monitor emerging trends and process information at …
Duncan Card: Privacy enforcement has arrived
With the recent release of the Privacy Commissioner’s annual report for 2025-2026, it seems we may now be entering the enforcement stage of privacy law enforcement in Bermuda.
The Privacy Commissioner…
The Privacy Commissioner…
Bermuda Stock Exchange Report: July 1 2026
July 1 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,741.86, 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: June 30 2026 Bermuda Stock Exchange Report: June 29 …
Athene appoints Hall to lead Japan expansion
Athene has appointed Larik Hall as senior vice-president and head of Japan as the Bermudian-based retirement solutions company looks to expand its presence in one of the world’s largest retirement ma…
Miller names Plant to lead North American property business
Miller has appointed Kim Plant as head of North American property as the independent specialist re/insurance broker expands its wholesale business in the United States and Canada.
Mr Plant joins the …
Mr Plant joins the …
Butterfield’s shares climb back above $60
The Royal Gazette/BSX Index closed unchanged on 3,741.86 in the absence of trading on the Bermuda Stock Exchange.
Butterfield Bank’s US-listed shares climbed back above $60 on the New York Stock Excha…
Butterfield Bank’s US-listed shares climbed back above $60 on the New York Stock Excha…
Compre appoints Taylor to senior underwriting role
Compre has appointed Graham Taylor as managing director of underwriting as the Bermudian-domiciled speciality reinsurance group strengthens its senior leadership team.
Mr Taylor will report to Rachel…
Mr Taylor will report to Rachel…
PwC Promotes Cartmill, Pittendrigh And Sealy
PwC Bermuda has announced the appointment of three new partners, with David Cartmill, Crystal Pittendrigh and Damian Sealy promoted effective July 1. A spokesperson said, “PwC Bermuda today announced the appointment of three new partners. These promotions mark significant milestones for our colleagues, reflecting the firm’s continued investment in the growth of our practice, the …
Fidelis launches casualty MGA
The Fidelis Partnership has expanded its Bermuda underwriting platform with the launch of a new managing general agent focused on the American small and medium-sized enterprise casualty reinsurance ma…
Clarien promotes Buckley Pridham to senior banking role
Clarien Bank has promoted Melissa Buckley Pridham to senior vice-president and head of personal and private banking as part of a wider restructuring of its banking and wealth management businesses.
Th…
Th…
Taylor Joins Compre As Managing Director
Compre Group Holdings Limited has appointed Graham Taylor as managing director of underwriting, effective immediately. A spokesperson said, “Compre Group Holdings Limited [Compre], the Bermuda-domiciled international specialty reinsurance group, today announces the appointment of Graham Taylor as managing director of underwriting, effective immediately. “Reporting to Chief Underwriting Officer Rachel Bardon, Taylor will play a key …
Fidelis Launches Adroit Reinsurance MGA
Pine Walk, the specialist MGA platform of The Fidelis Partnership [TFP], announced the launch of Adroit Underwriting Limited, a new Bermuda-based MGA focused on US small and medium enterprise [SME] casualty reinsurance. A spokesperson said, “Adroit will provide disciplined, data-driven reinsurance solutions across a broad suite of US casualty lines, including Medical Malpractice, Cyber Liability, …
Walkers promotes seven Bermudians
International law firm Walkers has announced the promotion of seven Bermudians across it’s Bermuda and London offices.
In Bermuda, promotions include Benjamin Green to senior counsel for finance and …
In Bermuda, promotions include Benjamin Green to senior counsel for finance and …