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A new report from KPMG said island governments were developing new or refreshed national economic strategies to get their countries on the right track after being hard hit by the pandemic. The report outlined best-in-class examples of how islands are...

Ashly Turner has been appointed to lead US Energy Insurance and Steve Blackwell to lead US Life Sciences Insurance at Hamilton Select Insurance Inc, Hamilton’s newly-launched E&S insurer with a financial strength rating of A- (Excellent) from A.M. Be...

Mandarin Oriental International Limited is selling the luxury and iconic Mandarin Oriental, Washington DC, for some $139 million with a post-tax, non-trading gain of approximately $45 million to be recognised in 2022, according to a filing with the B...

Twenty Bermudian students received scholarships worth $605,000 to support their further education at the Association of Bermuda International Companies Education Awards. One of the island’s largest and longest-running post secondary scholarship progr...

A US Court ruling that supported a division of Everest Re Group Ltd. has been affirmed by a federal appeals court, Business Insurance has reported. The lower court ruling said the Everest Re unit does not have to defend or indemnify a financial advis...

A programme launched to help develop Bermuda’s entrepreneurs has just welcomed their biggest ever cohort into the seminar. Enterprise Bermuda is funded through Bermuda’s premier source of free confidential business advice for entrepreneurs, the Bermu...

The nomination period has opened for the annual Technology Innovation Awards, celebrating those making a mark in the technology industry. The Tech Awards invites nominations of Bermudian companies, organisations and individuals developing the most in...

A unit of the Association of Bermuda International Companies is focused on promoting a more diverse and inclusive workforce. Philip Vandoninck, chairman of Abic’s Diversity, Equity and Inclusion Committee is also chief executive of Fidelis Insurance ...

Retail sales reversed a nine-month trend and rebounded for spring, as reflected in the April 2022 Retail Sales Index. The Ministry of Economy and Labour said April’s retail sales grew 14.2 per cent compared with last year, after nine consecutive mont...

The Bank of N.T. Butterfield & Son Limited has issued a warning to shareholders with regard to the offer by New York Stock and Bond LLC to purchase up to 50,000 of Butterfield’s ordinary shares, or approximately 0.1 per cent of shares outstanding, at...