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When it come to privacy and personal data of clients it is time for businesses and organisations to think beyond compliance and build a data-aware culture. Why? Because a data breach can prove costly in many ways, from lost profits to a plummeting st...

Now more than ever, company directors must understand and appreciate not only the duties and obligations that accompany their role but also the exoneration and indemnity mechanisms available to them and the limits to such provisions. That is because...

Cox Hallett Wilkinson has hired Carol Clarke as counsel in its corporate department. Ms Clarke, who previously worked in the corporate department at Conyers Dill and Pearman, has more than 20 years in practice. “Carol comes with an excellent reputati...

XL Catlin’s insurance business has launched an insurance package aimed at the mid to large visitor attraction sector, providing assistance as a result of a catastrophic injury and against a range of security threats. In a statement, the company said:...

Representatives of the US firm trying to buy out Ascendant Group have been in Bermuda this week, answering questions from the Bermuda company’s shareholders. Their visit comes in the run-up to Ascendant’s annual shareholders meeting on Friday. The Ro...

Bermuda’s overall threat rating for money laundering has increased from medium to medium-high after a comprehensive update to its 2013 risk assessment was carried out last year. The Bermuda Monetary Authority said the increase in the rating does not ...

The landmark Hamilton Princess Hotel has hired seven new staff at the end of a special training programme. Tim Morrison, general manager of the hotel, said the room attendant training scheme was set up with the Bermuda Hospitality Institute and the G...

Law firm Carey Olsen Bermuda has appointed Cheri Minors as a senior associate in its trusts and private wealth practice. Ms Minors, who joins the firm after working as in-house legal counsel and group compliance manager for insurer Colonial Group Int...

Butterfield Bank remained unchanged on $47.75 as 1,000 shares changed hands in Bermuda Stock Exchange trading. The bank, whose US-listed shares fell 2 cents to close on $48.30 in New York, was the only stock to trade on the BSX yesterday. The Royal ...

Bermudian-based insurer Colonial Group International Ltd is set to broaden its market presence in the Caribbean after it acquired a minority interest in Beacon Insurance Company Ltd of Trinidad and Tobago. The partnership agreement, which is subject ...