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Bermudian-based Qatar Re is playing a significant role in the growth of its parent company, Qatar Insurance Company, according to the company’s half-year earnings report. Doha-based QIC said its international carriers, the largest of which is Qatar R...

PartnerRe Ltd profits fell by more than a third in the second quarter, as rising interest rates reduced the value of some of the Bermudian reinsurer’s fixed-income investments. The company said net income for the April through June quarter totalled $...

The owner of OM Juicery is extending his business to serve retail customers. Preston Ephraim, who is a fitness, meditation and life coach, has found success supplying cold-press juices and smoothies to clients only. OM Juicery was originally run out...

Shares of Butterfield Bank fell 1 per cent in Bermuda Stock Exchange trading. The bank closed down 50 cents at $49.50 as 18,500 shares worth $915,700 changed hands. Butterfield’s US-listed shares fell 31 cents, or 0.6 per cent, to $49.20 in New York....

Axis Capital Holdings Ltd has launched a new unit to spearhead efforts to partner with entrepreneurial companies expert in data and analytics, who have valuable applications for the insurance industry. Axis Digital Ventures will also be expected to i...

Dear Dave, Why do you think all debt is bad? Aren’t some kinds of debt, like a mortgage or student loans, good? — Nathan Dear Nathan, It sounds like you’re letting me know you think some kinds of debt are okay, instead of really asking for my opinio...

Butterfield Bank shares climbed to the $50 mark in Bermuda Stock Exchange trading yesterday. The bank, which announced second-quarter profits of nearly $50 million on Tuesday, has seen its stock price rise every day since. Today Butterfield gained 25...

Insurance market pricing has dropped off after peaking in January, Lancashire Holdings’ chief executive officer said. The Bermudian-based company reported a pre-tax profit of $32.5 million for the second quarter, down from $38 million in the correspo...

Kelsea Williams started drinking tea in university to stop her weight creeping up. “I don’t remember how much weight I gained,” the 29-year-old said. “But I think it was all the sugary juices I was drinking.” Looking for a healthy, flavourful alterna...

A California-based mortgage insurer has gained $264.5 million of reinsurance protection by issuing insurance-linked security notes that were listed on the Bermuda Stock Exchange yesterday. The three different tranches of notes issued by Bermudian spe...