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All professional accountants in Bermuda have been brought into a single umbrella organisation as part of the island’s effort to meet relevant international standards. The change came about after members of the Chartered Professional Accountants of Be...

The new Samsung Galaxy S9, which some commentators are touting as the “phone of the year”, has arrived in Bermuda. The S9 and S9 Plus are proving popular with customers eager to try out the new features. One Communications has the phones in stock at ...

Large insurers are increasingly entering the market to buy reinsurance companies, according to risk adviser Willis Re. In its latest 1st View report, Willis Re said it had seen “largely flat” renewal pricing on loss-free programmes, but some modest g...

The Pickled Onion has reopened after undergoing an overhaul. The Front Street restaurant reopened its doors with a soft opening last weekend. Philip Barnett, president of Island Restaurant Group, said the soft opening was pleasing and customers admir...

Enstar Group is mulling a sale of its StarStone and Atrium businesses, according to a report in British trade press. The Bermudian-based run-off specialist and its private-equity investor Stone Point have called in Evercore for advice after receiving...

Butterfield Bank remained unchanged on $44 as 674 of its shares traded on the Bermuda Stock Exchange. The bank’s New York Stock Exchange-listed shares climbed 44 cents, or 1 per cent, to close on $44.70. Among international listings on the BSX, HSBC ...

Oil Casualty Insurance Ltd has hired Christopher Carpol as senior reinsurance underwriter. Mr Carpol, who will be responsible for overseeing Ocil’s assumed reinsurance operations, was previously with Tokio Millennium Re Bermuda as assistant vice-pre...

HSBC Holdings is considering pulling out of some of the smaller markets in which it operates — such as Bermuda — according to a report by Bloomberg News. John Flint, chief executive officer of the global bank, and Mark Tucker, the chairman, are consi...

Bermuda’s global insurance expertise will be spotlighted in an executive forum during this month’s Risk & Insurance Management Society annual Conference and Exhibition in San Antonio, Texas. The Bermuda Executive Forum, hosted by the Bermuda Business...

A gourmet popcorn business has upgraded its packaging to preserve the freshness of its product for longer. The business, Paddled Popped Popcorn was founded by Malachi Symonds and launched in 2015. The popcorn is made in a custom-made kettle, in whic...