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Everest Insurance, the diversified speciality insurance division of Everest Re Group Ltd, is expanding its global contingency business. Since 2013, Everest Insurance, through its Specialty Insurance Group, has been a growing in the contingency space,...

Shares of Ascendant Group were up 15 cents, or 0.9 per cent, at $16 after 1,000 traded on The Royal Gazette/BSX Index. There was also trading in 280 shares of Butterfield Bank, and 1,500 shares of Argus Group Holdings, but with no change to the closi...

US law firm Drinker Biddle’s insurance regulatory and transactional team and the Bermuda Foundation for Insurance Studies will be hosting a presentation titled, Insurtech Innovation in the US — Current Regulatory Pressure Points, at the Hamilton Prin...

A local entrepreneur hopes to revolutionise the treatment of Bermuda’s tank water. Twenty-nine year old Ananda Hill, owner of the mobile business AquaCare, believes Bermuda’s water standard is worse than a Third World country. “The current state of a...

Multinational companies’ practice of booking profits in low-tax jurisdictions like Bermuda to avoid high corporate taxes elsewhere may become more lucrative as a result of the US tax reform. That was the finding of a Reuters report that highlighted p...

Clarien Bank has reported a full year profit of $3.9 million, up 220 per cent compared to 2016. In a statement the bank said it had made significant investments in expanding its product portfolio, enhancing operational efficiencies and “maintaining d...

Shares of Argus Group Holdings Ltd fell five cents, or 1.3 per cent, to $3.85 after 200 traded on The Royal Gazette/Bermuda Stock Exchange. Ascendant Group, the parent company of Belco, saw 1,500 shares change hands, but with no change to the closing...

Top technology journalist Kara Swisher will be one of the keynote speakers at the Bermuda Convergence 2018 event, organisers ILS (Bermuda) Ltd announced today. Ms Swisher is executive editor of the Recode Decode podcast and co-executive producer of t...

Dear Dave, When is the right time to buy a house when someone is following your Baby Steps plan? — Samuel Dear Samuel, That’s a good question. Let’s start by going over the first few Baby Steps. Baby Step 1 is saving $1,000 for a beginner emergenc...

Hiscox has accused Yuval Abraham, a former executive who was based in Bermuda, of misappropriating more than $1.8 million. The Bermuda Supreme Court ordered a worldwide freezing of Mr Abraham’s assets on April 25 this year, on the same day that three...