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Finance professionals will have a chance to hear from experts in finance transformation next week and learn how they can improve efficiencies in their financial close process. Business applications and technology services firm, Emergence, in partners...

Bermudian reinsurers have struggled for profitability over the past two years, but prospects are looking brighter in 2019, according to a top industry analyst. Taoufik Gharib, senior director of S&P Global Ratings, said data over the first three qua...

Hospitality professionals have been invited to attend two informational workshops that will pave the way for a new tourism education programme in Bermuda’s primary and middle schools. Bermuda Tourism Authority is hosting the workshop twice at the Ham...

Visitor industry entrepreneurs have been encouraged to attend the “Inspire Bermuda” event taking place on Friday and Saturday at the Fairmont Southampton resort. The event, which brings together multicultural creatives and entrepreneurs from the Unit...

Law firm Carey Olsen Bermuda was among the winning advisers for the Financial Services Deal of the Year at The Deal Awards Europe 2019. Carey Olsen was recognised along with the other advisory teams involved in the $5.6 billion acquisition of Jardine...

Shares of Butterfield Bank climbed 1.8 per cent in Bermuda Stock Exchange trading. The bank gained 60 cents to close on $33.60 as 400 shares changed hands. Butterfield’s US-listed shares moved in the opposite direction, falling 22 cents, or 0.65 per ...

Bermudian-based Hamilton Insurance Group Ltd has announced the launch of a new team of underwriters at recently-acquired Pembroke Managing Agency Ltd as well as the development of a new cyber product. Pembroke’s four-person cyber team is led by divi...

Bermudian-based Fidelis Insurance has taken an equity stake in Perigon Product Recall Ltd, a new managing general agency, and will be providing underwriting capacity. Perigon’s focus will be product recall and product contamination coverage for fo...

Even when you are in the business of risk modelling and looking at all manner of potential perils, there are some concerns that overshadow others. Whether you call it climate change, extreme weather events, or simply a “mega catastrophe” of the $400 ...

American International Group’s shares gained on Friday and yesterday after the insurer reported net income of $648 million for the third quarter. The result was a positive swing from a net loss of $1.3 billion in the corresponding period last year. H...