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A UK-based specialist motorist insurer which has already backed a Lloyd’s of London syndicate plans to launch a Bermuda-based vehicle and an insurance linked securities manager on the island. ERS announced a $350 million capital raise led by Abry Pa...

Caribbean business leaders see cyber-risk as their top threat, according to PwC’s newly released Global CEO Survey. The survey polling 5,050 chief executive officers, worldwide, across January and February 2021, found that cyber has fast become a maj...

The insurance industry posted more merger and acquisition activity in 2020 than anticipated, despite Covid-19 related uncertainty, reveals the latest Deloitte 2021 Insurance M&A Outlook. The annual report examining insurance industry merger and acqui...

More than 20 aspiring entrepreneurs have expressed interest in the Enterprise Bermuda incubator, with more expected to do so before applications for its fourth cohort close on Monday. Enterprise Bermuda is a free 12-month programme that supports loca...

Shares of Argus Group Holdings Ltd improved by 25 cents, or 5.6 per cent, at $4.75 after 5,357 traded on The Royal Gazette/BSX Index. Butterfield Bank added six cents, or 0.2 per cent, to its share price, which closed at $38.25 after 1,875 shares cha...

Cruise ship company NCL Corporation Ltd has announced that Scott Dahnke has resigned from its board of directors. Mr Dahnke is the global co-chief executive officer of L Catterton, the world’s largest consumer-focused private equity firm. In a statem...

Butterfield Bank has added to the prizes offered in its Mastercard ‘Perks’ Campaign, including a four-night stay at the new St Regis Bermuda Resort, in St George’s. The bank said the promotional campaign supports local merchants and the economy by en...

After a year of pandemic upheaval, business executives are feeling cautiously optimistic about the future, according to a survey released by EY. According to EY’s 23rd Global Capital Confidence Barometer, 23 per cent of leaders predict returning to p...

International offshore law firm Harneys is to reinstate its physical presence in Bermuda. Harneys (Bermuda) Limited is on the Bermuda Bar Association’s list of law firms. In a statement, Harneys said: “As a result of an internal organisational chang...

An organisation devoted to the grow biointensive method of sustainable farming is to hold workshops to teach people how to grow food in their garden. The Agra Living Institute is led by founder Chris Faria, a graduate of the Ignite Bermuda entreprene...