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An idea for a business can spring from the unlikeliest of starting points. For proof, look no further than the Home WorX Ltd shop in St George’s and its co-owner Kim Robinson. The shop opened its doors in June and is steadily building its customer b...

Bermuda is streaking ahead in the global ILS market, with the Island issuing $7.7 billion of during 2014. By comparison Cayman Islands saw only $0.7 billion of issuances and Ireland had $0.4 billion. The global stock of ILS at the end of 2014 was wor...

In the internet age, with many people taking a do-it-yourself approach to booking their vacations or business trips, it might seem that traditional travel agents are surplus to requirements. But that is far from the case for Worldview Travel in Hamil...

It’s often prudent to take investment predictions with a pinch of salt, but you might only need the lightest touch of the shaker where Mozamil Afzal’s predictions are concerned. He had more hits than misses with his 2014 outlook, and he exhibited con...

One of the first true reinsurance sidecars, Olympus Re Holdings Ltd, is being voluntarily wound up 14 years after it was created. The pioneering firm was set up in Bermuda in 2001. It was initially backed with $500 million in capital from investors t...

Two Pembroke gas stations have been taken over by the Terceira family. The family already own the Terceira gas station on North Shore Road and the RUBIS Warwick gas station. They have now expanded to become the operators of the East Broadway and St J...

An opportunity to gain practical experience in a wide variety of legal practice areas is being offered to law students by Marshall Diel & Myers. The Hamilton-based company is accepting applications for its summer law student programme, with a deadlin...

An event that has the potential to kick-start new businesses on the Island will get underway this Friday. The first Startup Weekend to be held in Bermuda aims to bring together developers, marketers, designers, business managers and aspiring entrepre...

RenaissanceRe Holdings Ltd’s acquisition of fellow Bermuda reinsurer Platinum Underwriters Holdings Ltd is expected to close today. The $1.9 billion cash-and-stock merger deal was announced in November. Platinum shareholders were invited to choose be...

Economic losses caused by storms, earthquakes and other natural catastrophes easily topped $1 billion in January, according to estimates by Aon Benfield. Four windstorms in Europe and a powerful Nor’easter in the northeastern region of the United Sta...