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A report designed to help professionals protect themselves from cyberattacks, and deal with the aftermath of data breaches, has been released by the Risk and Insurance Management Society. A cyberattack hit companies and organisations in more than 64 ...

Neill Currie has been appointed executive chairman of Bermudian-based Ascot Group Limited. He was previously CEO of RenaissanceRe Holdings Ltd, which he cofounded in 1993, and led from 2005 until his retirement in 2013. Ascot Group holds Ascot Underw...

Lion II Re has listed securities valued at 200 million euros ($227 million) on the Bermuda Stock Exchange. The principal at-risk variable rate notes will become due in July 2021. The catastrophe bond is said to be sponsored by Italian insurer Assicur...

Insurance firm BF&M today gained 40 cents to $31 on The Royal Gazette/BSX Index. The 1.9 per cent increase came as 300 shares traded. The Bank of Butterfield rose 25 cents, or 0.8 per cent, to $33.25 as 1,300 shares were exchanged. On the New York St...

Reinsurer PartnerRe is on the lookout for two senior executives to fill the shoes of two of its top managers who will retire next year. Tad Walker, CEO of property and casualty, and chief risk and actuarial officer Marvin Pestcoe will step down at th...

Financial services investment company Somers Ltd yesterday announced a net loss of $6.6 million for the six months to the end of March. However, the parent company of Bermuda Commercial Bank and part owner of several businesses in Britain and Austral...

Upmarket hotel company Ritz-Carlton is to launch a luxury yacht and cruise line targeted on smaller ports and glamour destinations. But the firm, which is due to open a Ritz-Carlton Reserve property at Caroline Bay next year, yesterday declined to sa...

The expectations of others can be a powerful force in driving success, according Ronan Tynan, a Paralympic multiple gold medallist, medical doctor, tenor and motivational speaker. In a presentation at the Association for Talent Development conference...

The island’s hosting of the America’s Cup has given a number of business ventures an opportunity to shine, among them Bermuda Smokehouse. From catering to VIP events hosted by Groupama Team France, to taking delivery of a second industrial smoker, th...

Bank of Butterfield shares lost 50 cents to $33 on The Royal Gazette/BSX Index. The drop, equal to 1.5 per cent, came after 3,348 shares traded. On the New York Stock Exchange the bank also dropped, down 10 cents, or 0.30 per cent, to $33.34. The Roy...