A popular East End restaurateur and tourism entrepreneur is cutting his staff of 36 by more than half next week as he anticipates depressing business in the first quarter of the year.
While he is hopi...
The latest figures for retail sales continue a miserable trend with September’s retail sales down 3.8 per cent compared with last year, according to the Retail Sales Index (RSI) just released by the C...
Aspen Insurance has increased its electronic footprint to simplify the business it does at Lloyd’s.
The company said that to foster collaboration, save time and increase the ease of doing business, it...
Bermuda-registered Altamira Therapeutics Ltd has been setting up contracts with wholesalers in its lead market, Germany, covering more than 50 per cent of German pharmacies, as it begins its European ...
Bermuda’s reinsurers are facing European renewals and looking for real rate improvement in the year ahead after several years of increased catastrophe activity, significant losses and no opportunity t...
How would you characterise the health of the captive insurance market in Bermuda?
If you ask a panel of captive insurance experts for their views on the industry in Bermuda, you are likely to get diff...
Convex Insurance has responded to Wednesday’s demonstration by the UK activist group, Market Forces, which is protesting the refusal by Convex to rule out providing insurance cover to a $16-billion Au...
DARAG Group, the legacy specialist, has entered into a stock purchase agreement and received the relevant regulatory approval for the purchase of a Texas-based insurer in run-off, it announced today.
...
A major US insurer has successfully closed a $160 million 144A catastrophe bond completed through a newly established, Bermudian-based special purpose insurer.
Farmers Insurance Exchange said that it ...
The Ministry for the Cabinet Office released the September 2021 Consumer Price Index (CPI) from the Department of Statistics.
In summary, during September 2021 consumers paid 2.2 per cent more than th...
