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When Desmond Townsend first moved from London to Bermuda, there was one thing he missed — fish and chips. “I wanted a taste of home,” Mr Townsend said. “In London, chicken tikka masala is probably the most popular street food, but fish and chips is p...

Jeff Clements has been named the new chief executive officer of Validus Re, the Bermudian reinsurer owned by American International Group. He takes over from Kean Driscoll, who has been appointed AIG’s global chief underwriting officer for property a...

Aspen Re has hired Meredith Head from Tokio Millennium Re as its head of North American property catastrophe. Ms Head will report to Christian Dunleavy, Aspen Re’s chief underwriting officer and chief executive officer of Aspen Bermuda Ltd. Working ...

Bermudian life reinsurer Athene Holding today revealed the scale and pricing of its planned preference share offering. Athene will offer $750 million worth of shares with a fixed-to-floating yield of 6.35 per cent. Athene said the offering was expect...

Bermudian-based holding company Colonial Group International has received regulatory approval for the acquisition of a minority interest in The Beacon Insurance Company Ltd of Trinidad and Tobago. The approval was issued by the Central Bank of Trinid...

Butterfield Bank stocks were down $1.20, or 3.5 per cent, at $33.30 after 229 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the banks shares were down 22 cents, or 0.64 per cent, at $34.06. Meanwhile, on the local exchange, s...

Final consultations are now taking place in respect of the Incorporated Segregated Accounts Companies 2019 (Bill), which is expected to appear on the statute books soon. The draft Bill is the result of a collaboration between the Bermuda Government a...

As recruitment firm Elevate Executive Selection celebrates moving in to larger office premises, it is eagerly anticipating a potential increase in demand for its services as a result of new economic substance regulations. Those regulations take effec...

A mid-sized Bermudian law firm has been nominated for a prestigious international award. Marshall, Diel & Myers Ltd is among eight finalists for the Offshore Law Firm of the Year prize presented by the British legal publication, The Lawyer. The Bermu...

Finding The Dragon’s Lair gallery in St George can be tricky, like any good dragon’s den. The art gallery is around the corner from Davidrose Jewellery and behind Tempest Bistro on Water Street. If your quest fails, there are signs with very large ar...