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ASW Law Ltd hosted a “lunch-and-learn” seminar for Bermudian students studying in Britain. The event took place last week at the Bermuda Government’s London office. Students joined the Bermudian law firm’s team for a presentation and open discussion,...

Authorities in Bermuda and the US are making inquiries into the recording of loss reserves by Markel CatCo Investment Management Ltd and its subsidiaries. This was revealed in a statement last night from Markel Corporation, the US-based parent compan...

A major data breach reported by hotel giant Marriott International a week ago, with up to 500 millions customers potentially having their personal information exposed, has underlined the scale of cyber-risks that businesses face. Against that backdro...

Butterfield Bank shares gained 23 cents, or 0.66 per cent, to close at $35.10 on the New York Stock Exchange Meanwhile, on The Royal Gazette/BSX Index, a total of 100 shares of Butterfield Bank traded, but with no change to the closing price of $35....

Offshore law firm Carey Olsen Bermuda is adding to its employment and dispute resolution practices with the appointments of Bermudians Jay Webster and Keivon Simons. Mr Webster will join Carey Olsen Bermuda as a senior associate and is returning to ...

Technology expert Chok Ooi will be in Bermuda next week for two days of outreach and meetings. A study by Executive MBA students of Cornell University in the US, and Queen’s University in Canada, has highlighted the role technology plays in the econo...

In the early 1980s, tangible assets made up around 80 per cent of the value of the S&P 500. Fast forward to today and nearly 85 per cent of the value of the S&P 500 is attributable to intangible assets. However, the risk transfer market has not caugh...

A subsidiary of Bermudian-based shipping container company Triton International Limited has entered into a new $1 billion term loan arrangement. The proceeds from the loan facility, which matures in November 2023, will be used by Triton Container Int...

Bermuda’s insurance and banking industries have little to fear from imminent legislation to address European concerns over “economic substance”. That is the view of Christian Luthi, chairman of international law firm Conyers Dill and Pearman, who is ...

XL Catlin has scored a hat-trick of successes in JD Power’s annual study of large commercial insurance companies. For a third consecutive year, the company has been ranked top for overall customer satisfaction, edging out the likes of AIG, Chubb, and...