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Piracy is widespread, and a threat to our well-ordered ordered lives, those in the shipping industry say. It is also an issue that at least one Bermuda resident, Jens Alers, knows a lot about as the company for which he is managing director, Bernhard...

The Bermuda re/insurance market paid out $1.25 billion in claims resulting from 2010’s catastrophic windstorm Xynthia — a 37 per cent share, Deputy Premier and Finance Minister ET (Bob) Richards said in a speech to the Bermuda Society in London last ...

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...

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 ...

Peter Everson said: “Bermuda always prospers when other countries face uncertainty,” pointing to the US War of Independence; US Civil War, First World War and Second World War, all of which provided economic benefits to the Island, primarily in its r...

The Cayman Islands, an important international business competitor for Bermuda, is expressing “consternation” that they have been included on a new list of high risk jurisdictions for financial crime. There are a total of 95 countries listed includin...

Gibraltar media reported last week that hundreds of small investors who lost money as a result of fraud committed by Benjamin, Isaac and Solomon Marrache, brothers who had run one of Gibralter’s largest law firms, are unlikely to recover their assets...

A Bermuda investment-holding entity is at the centre of a US criminal legal case that has resulted in hedge fund managers pleading guilty to a federal conspiracy charge on Wednesday. Three former executives of a Ridgefield-based hedge fund have admit...

Ocean Wilsons — a Bermuda-based holding company listed on the Bermuda Stock Exchange (BSX) which runs shipping and port services in Brazil — saw its 2013 operating profit soar by 40 percent to $119 million. That number is a tenth higher than forecast...

Bermuda Commercial Bank Ltd, BCB Paragon Trust Ltd along with well-known cyclist Neil de ste Croix are among those being sued because of the alleged “brazen and extraordinary breach of their fiduciary and contractual obligations” which resulted in th...