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Bermudian-based insurer James River Group Holdings Ltd has altered its corporate structure in response to US tax reform. In its fourth-quarter earnings statement, James River said the reorganisation meant its internal quota share would now be ceded t...

Specialist mattress store Dreams staged its official opening on Saturday. Dreams is located in the lower level of the Washington Mall and is owned by Ben Wilson, who said he launched the venture in response to popular demand for such a store in a cen...

An international firm that specialises in complex security and public safety management has chosen Bermuda to play a key role in its high-tech operations. The Conceptium Group, which is based in Washington, DC, is an international consortium of inno...

Butterfield Bank shares improved by 50 cents, or 1.1 per cent, to $46, after 3,000 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange the bank’s shares were 16 cents lower, or 0.34 per cent, at $46.80. The Royal Gazette/BSX Index w...

The real estate team at law firm MJM Limited has been ranked Tier 1 in Bermuda by The Legal 500. In addition, Denis de Frias, the director responsible for the real estate practice, is listed as a leading individual in Bermuda. MJM has been recognised...

Dear Dave, I received a call the other day from a company saying it could negotiate the balance on my credit cards to a lesser amount. The caller also said they could get me a zero-per cent interest rate until the debts were paid off, and then the ac...

Chubb Limited plans to increase its quarterly dividend of a 25th consecutive year. The board will recommend the increase to shareholders at the company’s annual meeting. The proposed move would lift the quarterly dividend from 71 cents to 73 cents pe...

Customers lined up along the street yesterday as AS Cooper & Sons held a clearance sale featuring discounts of up to 75 per cent. The retailer staged the warehouse-style event away from its main Front Street stores, on the ground floor of the Cumberl...

A gym that takes inspiration from the latest training concepts in North America has set up in Hamilton. The new BEAST gym at the eastern end of Dundonald Street is spread over two floors and has been attracting users of all abilities, even though its...

XL Catlin has appointed Claudia Thyme as director of emerging markets development. She will execute the company’s emerging market strategies, with a particular focus on Latin America. Ms Thyme has 20 years of experience in the insurance industry, te...