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Gavin Woods is to join law firm Carey Olsen Bermuda in its corporate practice. He is currently a partner at Appleby and has more than eight years of experience in the Bermuda market, Before working in Bermuda he was with Freshfields Bruckhaus Dering...

Hiscox has promoted Ross Nottingham to chairman of North America for Hiscox Re and ILS. Ross joined the Hiscox Re and ILS team in Bermuda in early 2012 as an underwriter. He was also responsible for new product development and managing broker relati...

Private-equity firm Apollo Global Management has struck a $2.6 billion deal to buy Aspen Insurance Holdings Ltd. Rumours that the Bermudian-based insurer and reinsurer had put itself up for sale surfaced in June this year, with Argo Group and Blackst...

Spencer Butterfield is the new chief executive officer of Butterfield & Vallis, which today celebrates its 100-year anniversary. He takes over from his father Jim Butterfield, who has completed a record-equalling 36 years at the head of the company. ...

KPMG Bermuda is running an anti-money laundering/antiterrorist financing training session next month. The 1½-hour session is interactive, and will make use of videos, voting technology and audience questions and answers. It will take place on Septemb...

A “living classroom” project on Trunk Island, in Harrington Sound, is being supported by LOM Financial, which has committed to donating $50,000 to the Bermuda Zoological Society during the next five years. Scott Lines, chief executive officer of the ...

Budding entrepreneurs can enrol in a new course designed to equip them with the knowledge, tools and resources to start their business off successfully. The Bermuda Economic Development Corporation announced that its eight-week Entrepreneurship 101 ...

Shares of One Communications Ltd were down five cents, or 1.7 per cent, at $2.85 after 700 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, shares of Butterfield Bank were down 19 cents, or 0.36 per cent, at $52.25. The Royal Ga...

Bermuda’s financial-services regulator has hired a fintech adviser to ramp up its expertise in digital-asset business supervision. Moad Fahmi, CFA, FIA, joins the Bermuda Monetary Authority as senior adviser, supervision (financial technology). Mr F...

Dear Dave, My wife and I are following your plan, and we just paid off all our debt except for the house. Since we work for the same company, do you think we should have an emergency fund that is larger than you normally recommend? DON Dear Don, That...