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Maurice Doyle has rejoined Bacardi as president of incubation brands and global commercial development. Under the leadership team in Bermuda, he is charged with driving brand equity and accelerating performance in some of the smaller, high-potential ...

Reinsurers need to innovate and embrace technology if they are to survive and thrive — and transformational disruption will need to be from within organisations as well as from the outside. There is also a pressing need to attract more of the millenn...

There is a huge gap — tens of billions of dollars wide — between the third-quarter catastrophe loss estimates of reinsurers and those of risk modellers. But whatever the true losses turn out to be, reinsurance prices are likely to rise significantly ...

BRUSSELS (Bloomberg) — The days in paradise may be numbered for those seeking refuge from heavy tax burdens in remote islands. Finance ministers representing the world’s largest market vowed to take action following the revelation of records exposing...

LONDON (Bloomberg) — The activities of Glencore Plc, the world’s biggest commodity trader, are under scrutiny after a massive hack of confidential information from offshore law firm Appleby. Glencore was one of the top clients of Appleby, which even ...

With the furore of the “Paradise Papers” swirling across the international media, David Burt met the controversy head-on when he spoke to a room of delegates at the GR Innovation & Insurtech conference. And he also told a packed conference room that ...

Hiscox has lowered its estimates of losses from third-quarter hurricanes and said it was seeing signs of markedly improved rates. The Bermudian-based insurer and reinsurer said this morning in its interim statement for the first nine months of the ye...

Marsh and Guy Carpenter has donated $2,500 to Crime Stoppers Bermuda Chris Reeves, managing director of Marsh, and country corporate officer of Marsh & McLennan Companies, Bermuda, said: “Crime Stoppers Bermuda has been a staple within the community ...

A medical aid device designed to provide peace of mind and security to seniors, persons with restricted mobility, children and individuals has been introduced to Bermuda. The GPS-equipped key ring-size device has a button that can be pressed during a...

Butterfield Bank shares plunged 6.6 per cent in Bermuda Stock Exchange trading today. The bank fell $2.45 to close on $34.55 as 8,160 shares changed hands. On Wall Street, Butterfield’s New York Stock Exchange-listed shares held up better, falling 3...