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Relocation company Elevate is reporting growth in the international business sector, and now is seeking to expand its own operations. The business, which specialises in finding the international talent at C-suite and board level, say they have placed...

Some Butterfield Bank customers were unable to access their accounts online yesterday. After customers log in, there have been reports that a proportion of the attempts were met with the following message: “The Butterfield Online Banking access has b...

‘The capitalisation of the reinsurance industry in five years’ was the topic discussed a panel of industry leaders at the ILS Bermuda Convergence 2014 conference at Pier Six yesterday. The moderator for the discussion was Paul Schultz, chief executiv...

Hedge funds’ involvement in the reinsurance industry is an area of growth. The PwC Bermuda Reinsurance 2014 conference saw John Berger, chairman and chief executive officer (CEO) and chief underwriting officer (CUO) at Third Point Reinsurance Limite...

RenaissanceRe Holdings Ltd’s Peter Durhager is to step down as chief administrative officer (CAO), while Jeff Kelly is to become chief operating officer (COO), the Bermuda reinsurer said today. A press release making the announcement stated that Mr D...

The Bermuda insurance market writes £25 billion of business, which makes it more than half the size of the dominant London market, now at a “tipping point” with its position “under threat,” according to a just-released study reported in the London Ma...

With Cahoot, Courtney Bushner has come up with a wise idea — an online marketplace for Bermuda buyers and sellers. The 26-year-old president and owner of the new business with the whimsical owl logo said: “We understand that the cost of business spac...

The Madoff Ponzi scheme was at the centre of a Supreme Court hearing last month, which has resulted in a ruling released by Puisne Judge Stephen Hellman this week. Mr Hellman heard defendants PricewaterhouseCoopers (PwC) argue the statement of claim ...

Run-off acquirer Catalina Holdings (Bermuda) Ltd has signed a definitive share purchase agreement to buy PX Re from Tawa Associates Ltd. As at June 30, 2014 PX Re had total assets of $30 million, according to Catalina, and undiscounted net liabiliti...