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Staying ahead of the threat is the goal of an artificial intelligence cyberdefence technology now being used by Colonial Group International in Bermuda. Colonial is the first insurance company on the island to deploy Darktrace’s Enterprise Immune Sys...

Colonial Group International is the first insurance company in Bermuda to deploy machine learning cyberdefence technology in its network. The artificial intelligence technology comes from British and US-based Darktrace, and detects anomalies in a net...

A challenging start to the year, and catastrophe losses from Hurricane Matthew and earthquakes in New Zealand, dragged down XL Group Ltd’s earnings for 2016. Net income for the year dropped from $1.2 billion, or $4.15 per share, to $441 million, or $...

Bermuda’s important role in the captive insurance sector has been highlighted by the number of island-based executives included in this year’s Power 50 list. Top of the pile is Peter Mullen, chief executive officer of Aon’s Global Captive and Insuran...

Bermuda’s important role in the captive insurance sector has been highlighted by the number of island-based executives included in this year’s Power 50 list. Top of the pile is Peter Mullen, chief executive officer of Aon’s Global Captive and Insuran...

Having weathered the economic downturn, Polished nail boutique on Reid Street is coming back strong. A year ago it opened a second outlet, The Waxing Room, in Washington Mall. Now, with the America’s Cup on the horizon and positive signs in the econo...

The three-strong team of healthcare reinsurance transferring from Hiscox Re to Ascot in Bermuda are looking to “develop innovative and high-quality products for clients and brokers”. As reported by The Royal Gazette earlier today, the team is transfe...

A healthcare reinsurance team is transferring from Hiscox Re to Ascot in Bermuda. However, the Hiscox group will continue to do healthcare insurance business in Britain and the US. In a statement, Hiscox said: “We have been in discussions with the he...

A co-working shared office space in the centre of Hamilton will increase in size by 2,000 sq ft next week. It is less than a year since Connectech opened its door as a technology incubator, encouraging collaboration and innovation, and also offering ...

Inflation fell to 1.7 per cent in November, down from 2.1 per cent the previous month. A near 7 per cent decrease in the fuel adjustment rate, and lower cost of airfares and overseas accommodations were factors in the lower inflation figure. The aver...