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Axis Re, the reinsurance business segment of Bermudian-based Axis Capital Holdings Ltd, has announced four appointments within the Reinsurance leadership team, creating a new division for property reinsurance and simplifying the overall structure. Th...

A team from Appleby acted as Cayman Islands and Bermuda legal counsel to global semiconductor company Marvell Technology Inc, on a corporate restructuring in connection with its $10 billion acquisition of Inphi Corporation, a leader in high-speed dat...

Applications are invited for the Bermuda Economic Development Corporation’s fourth annual Summer Student Entrepreneur Programme. The eight-week programme, running from July 12 until September 3, will provide 10 successful applicants between the ages ...

Bermudian-based drinks giant Bacardi Ltd has donated $100,000 to Give India to help the country in its fight against Covid-19. The company said the funding is earmarked to provide immediate assistance to local relief agencies working to mitigate the ...

Bermudian-based Mosaic Insurance has added two industry veterans to its London underwriting team with the appointments of Anna Jay and Christopher Webb. Ms Jay joins the new global specialty insurer as SVP, head of professional liability, after 18 ye...

Ryan Rebello spent years saving up for his own marine repair business. So when the pandemic happened a few months before he launched Rebello Marine Repairs, he was not going to let it stop him. So far, he has no regrets. “Business has been fairly co...

An insurance and wealth management firm has handed over $20,000 to two charities to help them cope with demand sparked by the coronavirus crisis. Sun Life International donated $10,000 apiece to the Eliza DoLittle Society for its food bank work and t...

Entrepreneurial accelerator Ignite is to launch a new Young Adult Entrepreneurial Internship for 20 local young adults next month. The internship programme aims to provide young adults first-hand entrepreneurial experience with some of Bermuda’s top ...

The retail inflation rate rose to 0.2 per cent in February, up from -0.3 per cent in January. Wayne Furbert, Minister for the Cabinet Office, said: “The health and personal care sector was the largest contributor to the twelve-month increase in the C...