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A forum on the potential of blockchain in the reinsurance industry is to be held tomorrow. Claus Walter, of insurance firm Zurich and a member of the blockchain insurance industry initiative B3i, will lead a presentation on distributed ledger technol...

The former chairman of Ace Bermuda is to be honoured with a lifetime achievement award by the Bermuda Insurance Institute. Rees Fletcher, who retired from the firm, now Chubb, last year, spent more than 30 years in the industry and was the first Berm...

An underwriting assistant and a taxi driver have teamed up to launch a new art experience aimed at children and adults. Scribbles Art Shack Studio, is the brainchild of Chrisanthi Bartley, who works for a reinsurance company, and Sekai Waldron. The n...

Bermuda’s signature sherry peppers sauce might have hit 50 — but it’s lost none of its spice. And in the five decades Outerbridge Peppers’ sauce has been on sale, the product range has extended to include a range of other sauces and drink mixes. Norm...

Taxi booking app Hitch has hit the 30,000 mark for trips. The service, launched less than 18 months ago, has also notched up 6,500 customers and paid out more than $600,000 to its 230 taxi drivers. Owen Darrell, chairman of Hitch, said: “The growth o...

Telecoms firm Digicel’s major mobile network upgrade is set to be complete by next month. The company said the final phases of its multimillion-dollar, high-speed LTE mobile data provision would be finished during April and May. Julian Burton, Digice...

Former island insurance and reinsurance leader Mark Byrne is to be buried in New Hampshire on Tuesday. A service for Mr Byrne, who died in Montreal last Thursday, will be held in St Denis’ Catholic Church in Hanover before a private family burial. He...

The former home of a Canadian tycoon once listed among the richest people in the world is up for sale with a pricetag of $1.9 million. Skyline Cottage, near the Fairmont Southampton, was bought by billionaire businessman Kenneth Colin Irving, known a...

Bermudian-based hedge fund manager Revelation Capital Management has been cleared of wrongdoing in a New York court. Revelation and company chief Christopher Kuchanny were accused three years ago by the US Securities and Exchange Commission of making...

A founder and former chairman of Bermuda reinsurer Flagstone Re has died in Canada. Mark Byrne, who cofounded Flagstone with David Brown, died in Montreal last Thursday. He was 55. Mr Byrne was involved in the island’s insurance and reinsurance busin...