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Eight entrepreneurs have been accepted into the 12-month Enterprise Bermuda Incubator programme operated by the Bermuda Economic Development Corporation. Participants will be housed in the BEDC offices for the duration of the programme during which t...

Adenike Carmichael has joined law firm MJM Ltd as client relationship manager in the firm’s dispute resolution team. Ms Carmichael, a Bermudian, has extensive experience in the banking and regulatory sectors. Before joining MJM, she worked as a prin...

Insurance industry veteran David McManus knows a thing or two about risk. But when the Belfast-born president and chief executive officer of Bermudian-based insurance manager Artex considered who should succeed him in the top job, well, let’s just sa...

Women in Reinsurance and the Under-40s in Philanthropy group, will host a panel discussion this month to educate young professionals about the roles they can play in Bermuda’s third sector, including serving on charitable boards. The lunchtime panel ...

Davika Hill has dreamt of starting her own business since she was five years old. “Even at that age, I knew I wanted to have some kind of flexibility and to be able to call the shots for my own life,” the 30-year-old said. Last December the dream bec...

Ascendant Group Ltd is looking for a buyer among a select group of companies. Who those prospective new owners are and how many they number, Ascendant has declined to say. However, names of potential acquirers have surfaced from a source who spoke to...

This week Robertson’s Drug Store in St George’s pulled the plug on a dirty habit — plastic bags. On Monday, the store announced it would no longer be offering plastic bags or plastic straws to its customers. If customers need something to carry their...

Bermudian-based Everest Re Group Ltd has bolstered its Lloyd’s general liability casualty team with the hiring of two former Ironshore Insurance staff. The company said Graeme McGeachie and Pete Graham will join Everest Insurance’s international divi...

Shares of Ascendant Group Ltd fell 9.1 per cent in Bermuda Stock Exchange trading. The parent company of power utility Belco fell $2 to close on $20 as 1,087 shares traded. Ascendant announced this week that it has suspended its share repurchase prog...

A British subsidiary of Bermudian re/insurer Arch Capital has completed the acquisition of UK managing general agency Axiom Underwriting. Arch Insurance (UK) Ltd had initially acquired a 60 per cent share of Axiom in 2015. The terms of the deal for t...