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A Bermuda real estate agents has moved four administrators into the front line as real estate agents. Rego Sotheby’s International Realty has moved Allison Settle-Smith from agency administrator to rental agent looking after both short and long-term ...

A subsidiary of Bermudian-based insurance group Randall & Quilter Investment Holdings has bought up a Liechtenstein insurance company from its Swiss owners. R&Q Insurance (Malta) has acquired all the issued share capital of Clariant Insurance AG, own...

The annual Restaurant Weeks programme is set to boost the trade — at a time when restaurants struggle to fill tables in the wake of the festive season. Philip Barnett, head of the Island Restaurant Group chain and also industry spokesman on the Bermu...

Bermudian-based insurance and reinsurance firm Enstar has bought an engineering company for $91.5 million. The buy-up of US-based Dana Companies, a vehicle drivetrain, sealing and heat management technology specialist, is international operator Ensta...

Technology is set to have a major impact on the hedge fund industry, a global survey due to be unveiled next week has revealed. The news came in advance of a panel discussion on the survey findings to be hosted next Wednesday by the Bermuda branch of...

A former manager at a luxury private jet firm has spread her wings with a new business. Jessica Crumley, who worked at Longtail Aviation for several years in customer services, has launched JC Corporate Consultants, a specialist in corporate events, ...

Catastrophe bonds hit a $26.82 billion record last year — a new record since the category was launched more than 20 years ago. The outstanding cat bond market was pushed to the new height by more than $7 billion in new cat bonds and insurance-linked ...

Industrial strife and threats to disrupt the upcoming America’s Cup will damage Bermuda’s reputation worldwide, a business leader has warned. John Wight, president of the island’s Chamber of Commerce, said: “In today’s media world, everybody is able ...

A Bermudian-based catastrophe bond has passed its attachment point with an impact of more than $195 million at the end of November, it was reported. The attachment point for the $200 million cat bond — the stage at which qualifying losses start to er...

The UK Crown Dependency of Jersey is facing a massive deficit dubbed “the black hole”. The small self-governing territory off the coast of France faces a budget shortfall of more than $178 million a year by 2019 as a result of a downturn in business....