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Hurricanes Harvey and Irma are more likely to be earnings events than capital events, according to reinsurance industry experts, as insured losses from Irma appear to be lower than had been feared. Irma ripped through Florida on Sunday causing widesp...

HSCM Bermuda, a two-year-old firm that invests in insurance-linked assets, has formed an investing partnership with a Lloyd’s managing agency Sciemus. As part of the new partnership, Sciemus will be renamed Argon Underwriting, subject to regulatory a...

Bermuda is the preferred jurisdiction for the world’s captive insurance industry, and that is no accident. Delegates at the 13th Bermuda Captive Conference were told that it has taken hard work, a collaborative approach and a history of innovation to...

Feel Good Studio is marking its first anniversary and has found a niche market in pregnant women seeking a low-impact workout. The toning and rejuvenating centre, on Front Street opposite the ferry terminal, offers the Powertone Pilates System by Sha...

The Fairmont Southampton is offering a ‘Bermuda Shorts’ temperature guarantee, offering guests a free night whenever the day’s high does not reach a certain level. The offer will apply from November through March next year. The free night will apply...

Mike McGavick will be a keynote speaker at the Bermuda Convergence 2017, organisers ILS Bermuda Ltd announced today. The chief executive officer of Bermudian-based insurer and reinsurer XL Catlin will feature at an event expected to attract more than...

Butterfield Bank was the only stock that traded on The Royal Gazette/BSX Index. A total of 416 shares changed hands, with no change to the closing price of $32. On the New York Stock Exchange the bank’s shares rose 64 cents to $33.45. The Royal Gazet...

As the potential threats and attacks become more advanced, so do cybersecurity companies on the island. Amid widespread cyberattacks, the fear of personal data and private information being compromised has become prominent. John Kyle, managing direc...

Despite Friday’s shortened Parliamentary proceedings that finished just before 1pm David Burt introduced three pieces of legislation to the House of Assembly. The Premier tabled The Companies Amendment (No 2) Act 2017, The Payroll Tax Amendment (No 3...

Greg Hagood didn’t have many details to work with last Thursday afternoon. Hurricane Irma wasn’t expected to make landfall in South Florida for another 64 hours. Projections for its path were all over the place, especially considering that a centimet...