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A TV company has launched a lawsuit claiming more than $6.9 million from Bermudian-based insurance firm OneBeacon Insurance Group. The legal action against OneBeacon arm Atlantic Specialty Insurance by NBC Universal Media’s Universal Cable Production...

Long-established AS Cooper is to launch a total of three new stores — and create jobs. The company is to open a store dedicated to lifestyle clothing brand Vineyard Vines, a sponsor of the America’s Cup, in its former children’s shop on Front Street ...

The Bermuda Government’s bid to set up a limited liability companies framework has been welcomed by professionals. Grant Gibbons, the Economic Development Minister, tabled legislation to allow LLCs as a new commercial structure on the island in the H...

Law firm Conyers, Dill & Pearman has scooped a top award for private client and trust work. The company has been ranked in Band 1 in the high-net-worth guide by prestige British legal publishers Chambers & Partners. CDP was the only Bermuda company r...

Drinks distributor Burrows Lightbourn has teamed up with specialist wine firm Discovery Wines. The two companies said they had formed a “strategic alliance” to create a single portfolio of premium wine, beers and spirits for both wholesale and retail...

A Bermudian start-up reinsurance firm has raised $600 million in capital. Harrington Re Reinsurance Holdings with its subsidiary Harrington Re has completed a capital raise of around $550 million of equity and $50 million of debt, including a $100 mi...

A Bermuda perfumery is enjoying the sweet smell of success on an international level. Lili Bermuda has passed the 30 per cent mark for online sales — and plans to boost that figure in the future. Isabelle Ramsay-Brackstone, owner of the St George’s-b...

A futurist, inventor and hacker with an international reputation is to be a keynote speaker at a major insurance-linked securities conference in November. Pablos Holman, who helped create the world’s smallest PC, 3D printers at Makerbot and spaceship...

A company specialising in managing funds for the super-rich has launched a new pension plan with wider appeal. Granaway Wealth Management has teamed up with insurance company Freisenbruch-Meyer to create a plan that cuts down on fees — increasing the...

The owner of a hotel clothing store has branched out into the Hamilton Princess. Miranda Conway, who runs Luxury Gifts Bermuda, has opened up two boutiques in the new-look hotel, adding to her existing Regali operation at Rosewood Tucker’s Point in H...