Category: Business
AM Best Revises Canopius Outlooks To Negative
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” [Excellent] of Canopius US Insurance, Inc. [Canopius US] [Wilmington, DE] and Canopius Reinsurance Limited [Canopius Re] [Bermuda]. Both entities are wholly owned subsidiaries of Canopius... Read more of this article
Convex Promotes Brian Bissett To Group CFO
Convex Group Limited announced the promotion of Brian Bissett to group chief finance officer [CFO] with immediate effect. A spokesperson said, “Convex Group Limited [Convex], the international specialty insurer and reinsurer, announces the promotion of Brian Bissett to group chief finance officer [CFO] with immediate effect. Based in London, Bissett... Read more of this article
Shipping Schedule: Week Starting January 14
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday Shipping Schedule: Week Starting January 14th. On Sunday the Balmoral cruise ship is expected, on Monday the Oleander container ship will arrive, on Tuesday the Somers Isles container ship is scheduled to arrive, and on Wednesday... Read more of this article
BF&M: No Share Repurchases In December 2022
In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of December 2022 the company has not repurchased any shares. Related Stories Veronica Swan DeGraff Earns BF&M Scholarship BF&M & Argus Summer Internship Programme Photos & Video: BF&M Breast... Read more of this article
Mosaic Insurance Opens Office In Dubai
Mosaic Insurance has opened an office in Dubai, United Arab Emirates, as a strategic regional platform to access risks from across the Middle East, Africa, and South Asia [MEASA] market A spokesperson said, “Three specialist underwriters, along with a finance team member, are based at the new location—the seventh for Mosaic as it approaches its... Read more of this article
Sompo Announces New Leadership Appointments
Sompo International announced two new leadership appointments today for Sompo International’s multinational crop insurance platform, AgriSompo. A spokesperson said, “Brad Leighton has been named President of AgriSompo North America and Marji Guyler-Alaniz has been named Chief Operating Officer [COO] of AgriSompo North America and President of... Read more of this article
Bermuda Stock Exchange Report: Jan 13 2023
January 13 saw 1,221 shares trade on the Bermuda Stock Exchange, valued at $ 30,485.07 BD. 900 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $31.85 per share, while another 321 shares were traded by Argus Group Holdings Ltd, closing even at $5.67 per share. The BSX finished at 2,309.65, even on the day. There were 0 advances,... Read more of this article
Minister Hayward On Business Barometer Report
“The Ministry of Economy and Labour will continue working to implement effective policy solutions that address the challenges raised in this report,” Minister of Labour and Economy Jason Hayward said in regards to the recent Bermuda Chamber of Commerce Business Barometer Report. Minister Hayward explained, “Reading the report, I... Read more of this article
ABIR To Offer Foundational Insurance Course
The Association of Bermuda Insurers and Reinsurers [ABIR] has announced that the popular foundational insurance course offered in partnership with Bermuda College and New York’s St. John’s University, will be offered for a third year with the opening session starting, Monday, January 16, 2023. John Huff, President and Chief Executive Officer of... Read more of this article
Kuvare Announces Formation Of Kindley Re
Kuvare Holdings has announced the formation of Kindley Re Ltd, a Bermuda-domiciled reinsurer. A spokesperson said, “Kuvare Holdings [Kuvare], a technology-enabled financial services platform focused on delivering life and annuity solutions to the underserved U.S. middle market, and reinsurance solutions to institutional partners worldwide, today announced... Read more of this article
Bermuda Stock Exchange Report: Jan 12 2023
January 12 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,309.65, even on the day. There were 0 advances, 0 declines, and 68 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report: Dec 23 2025 Bermuda Stock Exchange... Read more of this article
BSX To Host World Federation Meeting
The World Federation of Exchanges [WFE] announced that the Bermuda Stock Exchange [BSX] will host the industry’s General Assembly & Annual Meeting in 2023. The statement from the organisation said, “The World Federation of Exchanges [WFE], the global industry group for exchanges and CCPs, is pleased to announce The Bermuda Stock Exchange... Read more of this article
