The bankrupted branded apparel, footwear and brand management company Global Brands Group Holding Limited (GBG), has been formally put into liquidation by the Bermuda Supreme Court after football lege...
A government Throne Speech promise to introduce a digitised immigration application process in this session of parliament has been welcomed by the business community.
Just last month, 11 government em...
The concern that world leaders are unable to come together to agree on, and resolve, the earth’s climate change challenges has been somewhat mitigated during the UN Climate Change Conference (COP26) i...
After surviving recessions, a global economic downturn, a pandemic and a crippling stroke, how will the big boss celebrate today’s 40th anniversary of business at Selley’s Boat Trailer Service?
The we...
A Bermudian businessman who was accused in the United States of a $135 million fraud in 2018 has now been told by authorities in the Cayman Islands that he, and two other directors of his failed compa...
The sale of Bermuda-based reinsurer PartnerRe to French mutual insurer Covéa for $9 billion is set.
A statement on the Exor website said that the transaction would reinforce PartnerRe’s strategy, fur...
A leading rating agency has predicted that 2022 will bring the fifth consecutive year of premium rate increases for property catastrophe cover in 2022, and predicted that they will be double-digit rat...
An insurance boss has complained that even though rates have hardened, they remain too low.
Richard Brindle highlighted the rising catastrophe risks in an era of increasingly evolving climate-change e...
The Bermuda-based Aeolus Keystone fund, which specialises in property catastrophe insurance coverage, is about to lose a key client as a result of Monday’s vote of the Arkansas Teacher Retirement Syst...
Fitch Ratings believes that tax advantages held by Bermuda (re)insurers will eventually be reduced as a result of the 15 per cent global minimum tax.
But Bermuda will remain favoured as an insurance ...