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A Bermudian software development company has launched a new one-stop place for data aimed at the growing captive insurance industry. Bespoke Software said their new inTell Captive software streamlined data and made it easier for captive managers to a...

Oil Casualty Insurance notched up net income last year of $1.7 million — its sixth consecutive year of profit. The company reported written premium of $166 million for the year ended November 30 last year, an increase of $14 million on 2015. And audi...

Bermuda notched up one-fifth of all offshore deal value last year. And the island was home to the biggest transaction of 2016, according to Offshore-i, published by law firm Appleby. But the total volume and value of offshore deals was down on the pr...

Three island women have passed a tough test to become certified administrative professionals. Now Tiffany Smith, Cidalia Rodrigues and Sheritta Steede will be presented at a conference on professional learning next month. Ms Smith said: “I’d never he...

A baker specialising in pies is to open officially today. The Pie Factory, which was based in Pembroke for nearly 20 years, now operates from a new premises, complete with a store and restaurant, in Hamilton’s Parliament Street. And owner Sonia Furbe...

International charity Oxfam has singled out Bermuda’s HSBC in a major report on the use of tax havens by the top 20 European banks. The Oxfam report said that 26 per cent of profits generated by the top 20 banks in the EU were made offshore — althoug...

Japanese giant Sompo has completed its takeover of island-based insurance and reinsurance firm Endurance Specialty in a $6.3 billion deal. Now Endurance will be integrated into Sompo Holdings through the creation of Sompo International, which will be...

A baker specialising in pies is to open officially tomorrow. The Pie Factory, which was based in Pembroke for more than 20 years, now operates from a new premises, complete with a store, at 6 Parliament Street And owner Sonia Furbert said the fresh s...

Massive car transporter ships have been banned from Hamilton Harbour during the American’s Cup on safety grounds. But car dealers on the island said the cancelled visits in May and June would have a minimal effect on supplies of vehicles on the islan...

Oil Insurance declared a $62 million underwriting loss for last year at its annual meeting last week. The company said, after including net investment income and administrative expenses, net income for the year totalled $210.4 million. Oil’s board of...