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A clone company using the name of a legitimate Bermuda-based firm is suspected to be operating. Kuva Limited, which is found at www.kuvaltd.com, promotes an investment firm which falsely claims to be regulated by the Bermuda Monetary Authority (BMA)....

A young Bermudian businesswoman has been honoured by prestige business magazine Forbes; after launching a modern take on muesli in the UK. Anna Mackenzie and her English business partner in food firm Cuckoo, Lucy Wright, were both picked for the Forb...

Everest Re Group has appointed a new chief administration officer. Bill Thygeson will be responsible for several aspects of the firm’s operational platform with a focus on technology and its impact on business processes for underwriting and claims, a...

The landmark Lemon Tree Café is set to bloom again under new ownership and a new name. Jonny Roberts, the owner and chef at Hamilton restaurant Bolero, has teamed up with his restaurant manager Tyler Nearon to launch a new venture called “Bulli. Soci...

An events management and team-building firm has set up in Bermuda, and its first contract is the RC44 Bermuda Cup yacht races in March. Pinnacle International Events, which aims to go for gold in sports event management, is the brainchild of husband-...

Business leaders have painted a bleak economic picture for 2016, according to a new survey by professional services firm PwC. And the level of worry about the future among company leaders is at its highest level for five years. The global confidence ...

Courier company IBC is to be bought out by its US namesake and a group of Bermuda investors. The investor group has struck a deal with IBC Ltd in Bermuda owners BAS Services to take over the company. The move means US-based IBC Inc and private invest...

Bermuda-based Axis Capital Holdings Ltd has launched a new insurance policy to cover hospitals against deadly pandemics. The coverage — a first for the industry — will cover hospitals in US and Canada against major outbreaks of contagious diseases, i...

The Mediterranean island of Malta is set to challenge Bermuda for its captive insurance crown. The country is to launch a drive to attract the captive industry to its shores, instead of Bermuda. But Robert Paton, president of the Bermuda Insurance Ma...

International charity Oxfam has called for a clampdown on tax havens. A special report by the charity said that there had been an increase in rich individuals and companies using offshore jurisdictions “to avoid paying their fair share to society.” A...