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Suzanne Williams has been named as the new director of policy and regulation for the Association of Bermuda Insurers and Reinsurers. Ms Williams, a Bermudian, will start in her new role with the industry representative body in May 2018. The news was ...

The inflation rate fell to 1.6 per cent in January, down from 1.9 per cent in December. However, food, tobacco and liquor, and items in the education, recreation, entertainment and reading sector all cost more. The food sector was up 1.2 per cent, wi...

Mutual insurer Oil Insurance Ltd returned $450 million to its shareholders in the form of a dividend after making more than half a billion dollars of net income last year. The energy insurance specialist held its Annual General Meeting at the Fairmon...

Bermudian-based mortgage insurer Essent Group Ltd has obtained $424.4 million of coverage from Radnor Re, a special purpose insurer also domiciled on the island. Radnor Re is backed by insurance-linked notes with ten-year maturities. The senior notes...

Doris Wade would paint 100 lighthouses a day. It was work, but the figurines proved healing to the artist who has lupus. Her ill health forced her to close her pottery-painting studio X-Clue-Sive Creations six years ago. She has reopened as Endless ...

More than 90 per cent of insurance CEOs are confident about their companies’ revenue growth prospects over the next three years, according to global survey. Professional services firm PwC gauged the views of 100 insurance leaders as part of its globa...

Six more local businesses have now successfully reached Bermuda’s new national service standards, managed by the Bermuda Tourism Authority — bringing the running total to 16. In a statement, the BTA said the six newly certified businesses are: • Bea...

Bermuda Aviation Services Ltd has appointed three new directors to its board. The Bermuda Stock Exchange-listed company said Dennis Fagundo, Michael Leverock and Glen Smith would help to provide oversight and leadership to the group. BAS owns subsidi...

Artex has lured Peter Mullen away from the chief executive’s role at Aon Captive and Insurance Management to rejoin the company after seven years. Mr Mullen will become CEO-elect of Artex, an alternative risk management subsidiary of broker Arthur J ...

Why do workers in the financial industry get paid so much? There are many possible explanations, none of them completely satisfying. The financial industry commands a much larger share of the US economy than in the past, causing some to worry that th...