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The Bermuda Monetary Authority (BMA) last year registered 64 new insurers and reinsurers — one down on 2014. A total of 22 of the new companies are limited purpose insurers or captives, six up from the 16 registered the previous year. Shelby Weldon, ...

Cyber risk, energy trends and new business opportunities in Canada and Latin America will be among the topics for the annual Bermuda Captive Conference in June. Keynote speaker Joe Flowers will look at the future of healthcare, the impact of technolo...

The top executive at the Bank of Butterfield’s operation in the Caymans is to retire in April. Conor O’Dea, president, chief operating officer and managing director of Butterfield Bank in Cayman, will move to the post of non-executive chairman and hi...

Two Hamilton Princess staff members have been certified as trainers in the TIPS scheme to encourage responsible drinks service. Bartender Vernell Lambe and director of learning Georgette Prime-Godwin have earned TIPS training for intervention procedu...

Insurance giant Ace has completed a $29.5 billion takeover of Chubb to create the world’s largest publicly-traded property and casualty insurance company. Ace was an early flag-bearer for Bermuda’s insurance sector after placing its operating headqua...

US Democratic presidential hopeful Hillary Clinton has bashed Bermuda in an attack on tax loopholes. Ms Clinton said that she planned to crack down on tax avoidance to boost the US economy. Her official website said: “High income money managers have ...

A $29.7 billion merger between insurance giants Ace and Chubb is expected to close today — meaning the end of the Ace brand. Ace announced yesterday it had cleared regulatory hurdles to acquire Chubb and create the world’s publicly traded property an...

An office supplies company is publicising its new catalogue with a van covered in Post-it notes. The AF Smith van will tour the city and surrounding districts until the end of the week to hand out catalogues and promote the firm. And Sophia Araujo, d...

International law firm Harneys has signed up five new lawyers for its Bermuda practice. And the firm said it planned to expand its on-Island team further in the coming months. Sarah-Jane Hurrion, Harneys’ managing partner, said: “Harneys’ growth in B...

A cycling enthusiast has launched a new rental service offering retro-style bicycles for hire. And Lou Matthews said the St George’s-based tour business weRide had proved as popular with locals as with tourists. Mr Matthews, who is also director of s...