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Insurance and reinsurance firm Fidelis has announced three new appointments designed to boost its underwriting capability. Nick Burkinshaw has joined the firm from Catlin in London and is the new chairman of specialty at the firm. Ben Savill is Bermu...

The Bank of Butterfield last night reported profits of $25.7 million for the third quarter of this year. Net income at the bank was up $2.9 million compared to the $22.8 million recorded in the third quarter of 2014. The news came as Brendan McDonagh...

Telecoms firm LinkBermuda has joined forces with BT Ireland to provide data centre and connectivity services on a global scale. David Caldwell, chief executive officer of LinkBermuda, said the deal would increase the range of services offered by his ...

A café with a twist has just celebrated a year in business. Twisted Sistah’s Coffee Shop opened last September — and its commitment to natural ingredients and healthy eating has proved a hit with customers. The idea was born after two employees of th...

New-style microchipped cards to provide better security has been introduced across the Butterfield Bank’s credit card range. The cards feature an embedded and encrypted microchip for data storage that is said to be “virtually impossible” to reproduce...

A massive explosion in a Chinese port helped propel insurance firm Allied World to a loss of $51.6 million in the third quarter. The Switzerland-based firm, which maintains a Bermuda operation, said the explosion in Tianjin in August cost it nearly $...

A loosening of reinsurance regulations in Brazil could provide a boost for Bermuda business, the president of the Association of Bermuda Insurers and Reinsurers (Abir) said yesterday. Bradley Kading told an international relations meeting in Rio de J...

A change of government in Canada is unlikely to lead to a crackdown on offshore jurisdictions, a Bermuda-based financial expert predicted yesterday. Canadian-born Nathan Kowalski, chief financial officer of Anchor Investment Management and a regular ...

The first Bermudian has been picked for a special programme run by financial services firm Sun Life aimed at giving recruits international experience. Rochelle Williams, who has a Bachelor of Commerce degree with honours from Ireland’s University Co...

The head of PartnerRe Global yesterday said that European buyers had welcomed takeover by Italian investment giants Exor. Charles Goldie, CEO of PartnerRe Global, said that the deal gave the company security over its long-term future. He added it had...