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Conyers Dill & Pearman has maintained its Tier 1 position in corporate and finance, in the updated IFLR1000 guide to the world’s leading financial and corporate law firms. The firm has also experienced a 60 per cent increase in the number of ranked l...

Employees of administration services company Estera have raised more than $10,000 to donate to colleagues in its British Virgin Islands (BVI) office following the devastation of hurricanes Maria and Irma. Staff from Estera’s in offices in different ...

Bermudian-based Axis Capital Holdings Ltd has completed its acquisition of Lloyd’s insurer Novae Group after the takeover received clearance from regulators including the European Commission. The acquisition creates a $2 billion insurer in London and...

Butterfield Bank has named Daniel Frumkin to the new role of chief operating officer as part of a management shake-up. In his new role Mr Frumkin, who was previously the group’s chief risk officer, will be responsible for the Butterfield’s “client-fa...

A snapshot of how easily identity theft can be committed, and how other hacking, espionage and cyberthefts are perpetuated, was presented to delegates at the World Alternative Investment Summit Bermuda. Security consultant Vitali Martiniouk, of KilSo...

Direct US homeowners’ insurance is forecast to increase to $93 billion in premiums this year. That is $2 billion higher than 2016, which in turn was $2 billion up on 2015. Analysing the data, Aon Benfield said the industry was a “growth engine”, alth...

Bermuda financial-services companies with offices in the US will be need to be prepared for new cybersecurity regulations within the next four months. The New York Department of Financial Services (DFS) is pushing to establish “regulatory minimums” t...

Butterfield Bank shares fell 3.2 per cent in Bermuda Stock Exchange trading. The bank slid $1.15 to close on $35 as 900 shares changed hands. Butterfield’s fall caused The Royal Gazette/BSX Index to fall 51.72 points, or 2.4 per cent, to close on 2,...

The Regulatory Authority of Bermuda is reviewing the island’s electronic communications sector. It has released the 71-page document ‘Review of the Electronic Communications Sector — Ensuring the delivery of benefits for Bermuda via Regulation’. This...

Switching from the printing industry to the world of heating and air conditioning has proven rewarding for Jonathan Outerbridge. He has gained an Associate of Applied Science degree from Bermuda College as part of the BAC apprenticeship programme. Mr...