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Pressure on reinsurance pricing could see rates drop lower than previously anticipated, with double-digit reductions possible during the January renewals. That warning was given by Nick Frankland, of Guy Carpenter & Company, at the Baden-Baden Reinsu...

A “complex web of factors” is responsible for the continuing pressure on reinsurance renewal pricing, according to Robert Hartwig. The president of the Insurance Information Institute, in New York, noted that there have been a number of consecutive y...

The most eagerly anticipated movie release of the year, Star Wars: The Force Awakens, is to be shown at Speciality Cinema on the day it debuts around the world. Cinemas in Britain and the US have reported record-breaking advance ticket sales for the ...

Ascendant Group Ltd, which owns Belco, saw its profits fall 15 per cent, to $970,000, in the first six months of this year. The closure of Bermuda Gas & Utility Company’s residential appliance and service business acted as a major drag on the group’s...

It is still early days, but the business buzz created by the Louis Vuitton America’s Cup World Series Bermuda event continues to build. Banks, restaurants, food suppliers and vendors have praised the positive effect the sailing spectacle has had on t...

Attracting group travel to Bermuda is being actively promoted by the Bermuda Tourism Authority (BTA) — and it’s easy to see why. Three examples of recent and soon-to-happen group travel initiatives show they will pump an estimated $1 million into the...

The buzz of the Louis Vuitton America’s Cup World Series Bermuda was enough to entice some of the overseas vendors at Butterfield & Vallis’ annual trade show to extend their stay on the Island by a few days so they could watch the sailing spectacle. ...

One of the most successful businessmen in the world, Larry Ellison, was among the corporate big hitters and decision-makers who attended the Louis Vuitton America’s Cup World Series Bermuda event. Mr Ellison was last year listed by Forbes magazine as...

The spirit of collaboration is paying dividends for Bermuda in terms of protecting and growing the Island’s international business sector. That is the view of Ross Webber, who has completed his first year at the helm of the Bermuda Business Developme...

Ross Webber, the chief executive officer of the Bermuda Business Development Agency (BDA), has reported on progress in the agency’s “four pillars” of business, during his first year in charge. He said that in collaboration with the risk solutions’ fo...