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Food and drink suppliers BGA has teamed up with the new Caroline Bay resort to supply a fleet of superyachts expected to flood into the development’s new marina for the America’s Cup. John Tomlinson, president of BGA and Pitt & Co, said: “Our group o...

The island’s first indoor golf training and entertainment centre has been officially opened. Michael Dunkley cut the ribbon at Island Kaddy on Hamilton’s Reid Street, which offers a full golf store, as well as food, drink and three hi-tech golf simul...

Bermudian-based reinsurance and insurance firm RenaissanceRe has posted profits of $92.4 million for the first quarter of the year. The figure, equal to $2.25 per common share, is down $35.6 million on the first quarter of last year. Kevin O’Donnell,...

Appleby Bermuda Partners Keith Robinson and Vanessa Schrum will be speaking at the Transcontinental Trusts International Forum 2017. The two-day forum in Bermuda starts tomorrow. More than 65 speakers including renowned judges, barristers, leading la...

The Royal Gazette/BSX Index closed unchanged at 2,050.20 after a day of no trading. The Bank of Butterfield rose 16 cents, or 0.47 per cent, to $34.09 on the New York Stock Exchange. The BSX Insurance Index ended the day up 5.8 points, or 0.31 per ce...

Reinsurance firm PartnerRe announced first-quarter profits of $38 million — $163 million down on the same period last year — as both net premiums written and investment income fell. Emmanuel Clarke, the firm’s president and chief executive officer, s...

The former fiduciary arm of law firm Appleby has bought up a Channel Island administration company. Estera, hived off from Appleby in a management buyout in 2015, will now rebrand Guernsey-based Morgan Sharpe Administration to Estera Administration (...

Validus Holdings yesterday completed its $127.5 million takeover of a US-based crop insurance company. Crop Risk Services, formerly owned by Archer Daniels Midland, had $555 million gross premiums written last year and 1,170 agents across 36 states. ...

Bermuda trust company Meritus has moved to new larger offices — and taken on three new staff. And Allan Wiekenkamp, one of the founders of the firm and chief financial officer and chief operating officer, said the move reflected the strength of the t...

Experience. From a young age our lives are about experiences and learning. This foundation of learning and gaining new experience is what prepares us for a lifetime of learning. Gaining experience is what allows each of us to develop specific skills...