Reinsurance firm PartnerRe yesterday urged its shareholders to back a merger with rival Axis Capital — and accused hostile bidder Exor of “misleading or outright false statements”.
The attack on the I...
A new philanthropy group for women in business will launch next week.
The new group 100 Women in Hedge Funds (100WHF) has already notched up more than 100 members and will officially launch at the Glo...
Bermuda’s captive insurance industry will have to keep a close eye on international tax rules, an expert said yesterday.
Richard Irvine, tax leader at professional services firm PwC, said: “Captives i...
Financial services investment firm Somers Ltd yesterday posted a $7.5 million loss for the six months to the end of March.
The firm — which owns the Bermuda Commercial Bank (BCB) and investment firm W...
A new beauty and massage centre has opened for business.
Essentials@The Club — in the former Bersalon beauty salon — specialises in Thai treatments, some based on ancient techniques from the East.
The...
Telecoms firm KeyTech was the most traded stock on The Royal Gazette/BSX.
A total of 26,700 shares in the firm were exchanged, however the share price remained unchanged at $2.80.
And 2,300 shares in ...
Investment firm Exor accused Bermuda takeover target PartnerRe of using “scare tactics” to boost votes for a rival bid by Axis Capital.
Yesterday’s move came after PartnerRe told preferred shareholder...
Global drinks giant Bacardi is to set up a new marketing “centre of excellence” in Bermuda.
The Bermuda centre of excellence is one of two, with the other being based in London.
The Island operation w...
A Bermuda investment company is banking on an upturn in the economy as its revenue and market value both fell year on year.
Bermuda First Investment Company — which holds shares in Island firms — post...
A supply store for the creative arts has moved to a new location.
But the DNA Creative Shoppe, run by husband-and-wife team of artist Lexy Correia and graphic designer and digital artist Dion Correia,...
