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Reinsurance firm Everest yesterday reported after tax operating income of $273.2 million for the third quarter of this year. The figure is equivalent to $6.53 per common share and compared to operating income of $200.2 million or $4.53 per share for ...

The key to riding out a soft market in reinsurance is profitable growth, a top executive at Bermuda-based Qatar Re argues. And Luke Roden, head of ceded reinsurance and global head of catastrophe at Qatar Re, which redomiciled to Bermuda less than a ...

Vehicles without the human touch could pose a future risk to the insurance industry, a legal expert in the field has warned. Richard Geddes said that pilotless drones, driverless cars and risks from cyber attacks on the technology that runs automated...

A new hotel created from the shell of Dockyard’s historic Victualling Yard is on the cards. But the development — part of a multimillion dollar plan to make the old Royal Navy base a key hub for tourists and residents alike — is just one part of the ...

Legal firm Sedgwick Chudleigh will tomorrow fake a cyberattack at a seminar — with Bermuda insurance professionals on the spot as the drama unfolds. A team from the Sedgwick Chicago office will discuss current standards for assessing board and manage...

A long-established rental business is up for sale. Pembroke-based Bermuda Rentals, set up more than 30 years ago by Douglas Howe, rents everything from tents and furniture to cement mixers and carpet cleaners. Mr Howe, who is retiring, said: “The rig...

Food supply wholesaler Butterfield & Vallis is bracing itself for a massive increase in sales related to the America’s Cup. The company predicts that sales in the run-up to the competition next year will jump between 15 and 20 per cent — and tomorrow...

The insurance bill for Hurricane Nicole could be less than that for the double whammy of Fay and Gonzalo two years ago. But island insurers said it was still early days for estimating total costs — and that the Category 3 Nicole could lead to an incr...

A Bermuda interior designer is the first non-US supplier for a new range of furniture handcrafted in developing countries. Gregory Nelmes, who runs Gregory Nelmes Home for retail and an interior design consultancy in St George, said he spotted the Im...

A complementary medicine practitioner has opened up a new office. Dr Nekia Walker has opened up for business in a traditional Bermuda cottage overlooking the sea in Southampton. Dr Walker, who practices under the name Dr Nekia, said she had an office...