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A new deal that East End Asphalt Company Limited has signed with a US provider of industrial aggregate, Carver Companies, will positively impact the price, quality, and convenience of aggregate supply available in Bermuda for construction and related...

Bermudian-based DHT Holdings Inc, the crude oil tanker company, has announced a new dividend policy with 100 per cent of net income being returned to shareholders in the form of quarterly cash dividends. The new policy will be implemented from the th...

June’s retail sales volume fell to a lower level than the pre-pandemic June of 2019, the government reported Friday night. Even less food was sold. Retail sales for June 2022 decreased 4.3 per cent compared to last year. In value terms, retail sales ...

Acrisure Re, the reinsurance broking and advisory firm with an operation in Bermuda, has announced the expansion of its corporate advisory and solutions division into North America with the appointment of Alex Orloff as managing director, Arcas North...

John Burke, global chief marketing officer of drinks giant Bacardi and president of Bacardi Global Brands Limited, will retire after more than 28 years with the company at the end of 2022. During his tenure at the largest privately held spirits compa...

The Bermuda Business Development Agency is to send a delegation to the InsureTech Connect event in Las Vegas next week. BDA chairman Stephen Weinstein will speak on a panel entitled “Commercial Property Insurance: Catastrophic Events and Novel Risks”...

CFA Society Bermuda has announced that the next financial literacy series, offered in partnership with the Bermuda College PACE programme, is to begin on September 28. The series will run from 6pm until 8pm on four consecutive Wednesday evenings. It ...

Everest Reinsurance, the reinsurance division of Bermudian-based Everest Re Group, has made appointments to two key leadership roles in its international division. Harald Jacobsen has been appointed senior vice-president, head of Continental Europe, ...

Matthew Corbin has joined Rawlinson & Hunter as trust services manager. Mr Corbin joins the firm with 20 years of fiduciary and corporate experience, specialising in the formation and administration of ultra-high net worth structures. His career has ...

The Economic Development Department has launched the annual Reverse Pitch Competition. Unlike a regular pitch competition, which involves participants presenting their business idea to potential investors, Reverse Pitch participants engage in proble...