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New global rules that would force many Bermudian-based multinational companies to pay more tax have a good chance of becoming reality, despite the challenges of the required international consensus, says one of the island’s leading corporate tax expe...

In nearly 33 years with the Argus Group, David Pugh has experienced the highs and lows of bearing senior-management responsibilities for a publicly traded company. And as he looked back on his career after stepping down last month as chief financial ...

Bermuda-based Validus Holdings Ltd is celebrating its tenth birthday this year in a markedly different reinsurance market from the one in which it was born. To mark a decade of strong growth, the company is holding a party for clients at Pier 6 on Fr...

A leading player in the insurance-linked securities (ILS) market will receive the Bermuda Insurance Institute’s Industry Leader of the year Award later this month. Kathleen Faries, the chief executive officer of Tokio Solution Management Ltd (Tokio S...

Bermuda Institute celebrated a one-two finish as the KPMG Senior School Investment Challenge marked its tenth year. The top team ‘Tradewins’ achieved a near 22 per cent return on their $100,000 virtual portfolio over the six-month investment period t...

Most businesses leaders believe Bermuda’s economy is improving — but their confidence in longer-term economic prospects remains fragile and more businesses are still cutting staff than hiring. Those were some of the findings of a survey for the inaug...

The parent company of dock services firm Stevedoring Services Ltd today reported an annual loss of $1.8 million for the year ended March 31, 2014. Polaris Holding Company Ltd said in a statement that much of the loss was down to a $1 million write-do...

More jobs for Bermudians and a return to economic growth. That, in a nutshell, is what Ross Webber sees as the ultimate prize as he starts in his new role as new chief executive officer of the Bermuda Business Development Agency (BDA). The BDA, which...

Bermuda may now be the best jurisdiction in which to set up an offshore fund according to a New York attorney who works with the asset management industry. Jack Rigney, of Manhattan-based Seward & Kissel, sang the praises of the Island in an internat...

Florida politicians do not understand how much risk their state is taking on through its publicly run catastrophe fund. And Bermuda’s reinsurance industry needs to work harder to get across the message that it can benefit Florida by shouldering more ...