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Bermuda saw $36.9 billion of merger and acquisition deals last year, according to a report by offshore law firm Appleby. Island-based entities were involved in 402 deals which represented 15 per cent of deal volume and 16 per cent of deal value acros...

Bermudian-based Sompo International has announced four new hires as it looks to build up its global business. The company, which runs the non-Japanese business of Tokyo-based giant Sompo, said yesterday that Patrick Cove had joined the company to bec...

A gathering of business leaders, entrepreneurs, and networking experts, led by the “most connected millennial” will take place in Bermuda in September. Jared Kleinert, who gave a sell-out talk on the island in January, is co-organising the private ev...

Bermudian reinsurer RenaissanceRe is working with catastrophe modelling firm AIR Worldwide in a joint effort to enhance the insurance industry’s modelling of long-tail casualty risk. “Since our inception, RenaissanceRe has been at the forefront of ap...

A marketing business that transforms design concepts into branded products, has found success, growth and some high-profile clients. Brandit Bermuda Ltd was established six years ago by 35-year-old Jaime Ramsay, whose business stemmed from his suppor...

Ascendant Group Ltd and Somers Ltd saw gains in their share prices in Bermuda Stock Exchange trading. Ascendant, owner of power utility Belco, gained $1, or 11 per cent, to close on $10 as 8,000 shares changed hands. The trading action enabled it to ...

Asset and wealth management CEOs are very confident about growth prospects in 2018, but are expecting disruption for their industry from regulation, technology and changing consumer behaviour. That’s the main conclusion from the PwC report “Optimisti...

Bermuda is placing the emphasis on quality over quantity when it comes to attracting business opportunities in the blockchain and digital currency sector. If it gets things right the advantages will likely include adding a new pillar to the economy t...

Randolph Smith has joined Independent Consulting Solutions Ltd as a technical consultant. Mr Smith has over 20 years of experience in the information and communications technology industry. ICS Bermuda, which opened its doors in 1998, was founded by...

Bermudian reinsurer Maiden Holdings has hired Bank of America Merrill Lynch to “assist the company in evaluating strategic alternatives to enhance value”. Such action and language can sometimes be taken to mean that the company is putting itself, or ...