RSSCategory: Business

AXIS Completes Transaction With Enstar

AXIS Completes Transaction With Enstar

AXIS Capital Holdings and Enstar Group have completed a loss portfolio transfer [LPT] transaction, covering reinsurance segment reserves predominantly attributable to casualty portfolios related to 2021 and prior underwriting years. A spokesperson said, “The LPT reinsurance agreement covers reinsurance segment reserves totalling $3.1 billion at... Read more of this article

Bermuda Stock Exchange Report: April 24 2025

Bermuda Stock Exchange Report: April 24 2025

April 24 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,488.44, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 31 2025 Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report:... Read more of this article

LOM Financial Announces Board Changes

LOM Financial Announces Board Changes

LOM Financial has announced the retirement of long-serving board member Maxwell Quin and the appointment of Trevor Torzsas as a new independent director. A spokesperson said, “LOM Financial Ltd. today announced the retirement of Maxwell L.H. Quin, LL.B., who has served as an Independent Director on the company’s Board over the past 13 years. “Mr.... Read more of this article

Bermuda Strategic Leadership Conference

Bermuda Strategic Leadership Conference

ASK Bermuda and Amicus Limited will launch Bermuda’s first Strategic Leadership Conference next week, with the main event on Thursday, May 1st, at the Fairmont Hamilton Princess. A spokesperson said, “ASK Bermuda and Amicus Limited are set to launch Bermuda’s first Strategic Leadership Conference, with activities beginning next week and the main... Read more of this article

Stationery Store Plus To Close On April 30

Stationery Store Plus To Close On April 30

The Stationery Store Plus has announced that it will be closing its doors permanently on Wednesday, April 30th. A spokesperson said, “It is with a heavy heart that we announce the closing of The Stationery Store Plus on April 30th. Significant efforts have been made to keep the business operational. However, with rising supply & shipping costs... Read more of this article

Butterfield Reports 2025 First Quarter Results

Butterfield Reports 2025 First Quarter Results

The Bank of N.T. Butterfield & Son Limited announced financial results for the quarter ended March 31, 2025. A spokesperson said, “Net income for the first quarter of 2025 was $53.8 million, or $1.23 per diluted common share, compared to net income of $59.6 million, or $1.34 per diluted common share, for the previous quarter and $53.4... Read more of this article

Bermuda Stock Exchange Report: April 23 2025

Bermuda Stock Exchange Report: April 23 2025

April 23 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,488.44, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 31 2025 Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report:... Read more of this article

Jenny Campbell To Speak At Women’s Event

Jenny Campbell To Speak At Women’s Event

UK investor and former Dragon’s Den star Jenny Campbell will speak at the Bermuda’s Women Mean Business: Level Up event on Friday, 6th June, at HSBC’s Front Street location. A spokesperson said, “Bermuda will play host to UK investor, CEO, and former Dragon’s Den star Jenny Campbell, who will deliver the keynote address at the upcoming... Read more of this article

Markel Unveils Restructure & Leadership Changes

Markel Unveils Restructure & Leadership Changes

Markel Insurance, the insurance operations within Markel Group Inc, announced a new divisional structure for its US and Bermuda operations and new leadership appointments. A spokesperson said, “The changes, effective today, follow the appointment of Simon Wilson as Chief Executive Officer of Markel Insurance in March and are part of a long-term... Read more of this article

Conyers Announces Multiple Promotions

Conyers Announces Multiple Promotions

Conyers announced a “series of well-deserved promotions that highlight the legal talent and dedication within our firm.” “Newly promoted Directors are William Cooper and Davina Hargun. Anne Campbell, Britt Smith, Sarah Lusher have been promoted to Counsel. Satjivan Aujla, Sophia Collis, Kathleen McBeath and Lauren Pereira have been... Read more of this article

Video: Minister Jason Hayward On Work Permits

Video: Minister Jason Hayward On Work Permits

“I call on all employers, immigration agencies, and work permit holders to work in partnership with the Department of Immigration to ensure compliance,” Minister of Economy and Labour Jason Hayward said, adding that “a revised 2025 Work Permit Policy will be released in the coming weeks.” Minister Hayward said, “As we navigate... Read more of this article

Bermuda Stock Exchange Report: April 22 2025

Bermuda Stock Exchange Report: April 22 2025

April 22 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,488.44, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 31 2025 Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report:... Read more of this article