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For the first time since 2019, representatives of the Bermuda Business Development Agency will travel to Toronto this week to promote the island’s business development opportunities with strategic partners in Canada. David Hart, BDA CEO, and Stephen ...

Leila Stansfield is to lead Bacardi’s global travel retail business, effective January 2023, when she will become the first female lead for the division. She will succeed current managing director, Vinay Golikeri, who moves out of global travel retai...

Rene Lamer has been appointed as head of reinsurance, Bermuda at IQUW, the property and specialty re/insurer. Mr Lamer joined the IQUW Bermuda team last November. The company said IQUW is able to write business in Bermuda through a new cover holder a...

BMS Re, the specialty reinsurance broker, has appointed Chris McDowell as CEO of BMS Re Bermuda. The appointment is effective November 26, following completion of his notice period and any requisite regulatory approvals. Mario Binetti also joins as ...

The reinvention of Bermudian-based Argo Group International Holdings Ltd appears a long way from being complete. The company published an investor presentation, providing an update regarding its ongoing review of strategic alternatives. The presentat...

Bermuda's largest reinsurers could get a tax break from government, it has emerged. Rating agency analysts have been told a corporate tax break may be a way of mitigating the effects of a proposed international tax agreement imposing new tax obligati...

Bermuda’s reinsurance executives and their global colleagues are in Monte Carlo this week for the sector’s largest annual meeting, Rendez-Vous de Septembre, commonly referred to as the Reinsurance Rendez-Vous, returning after a two-year hiatus. The r...

After substantial investment over the last 12 months, unanticipated delays and additional work may also require further funding before a new restaurant can open on Middle Road, Devonshire. Staff recruitment for the business has been under way, includ...

Earnings at Watlington Waterworks Limited for the first six months of the year were up 15 per cent compared to the same period a year ago as gross revenues increased by 14.5 per cent. The results were included in a report to shareholders by Watlingto...

Cyril Whitter has been honoured as the recipient of the 2022 Fred Reiss Lifetime Achievement Award for his outstanding commitment and contribution to Bermuda’s captive insurance industry. The announcement was made by the Bermuda Captive Conference, w...