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LONDON — Glencore Plc could face renewed scrutiny of its business in the Democratic Republic of Congo after confidential information was released in the data breach of a Bermudian-based law firm, according to people familiar with the matter. The docu...

EY’s Bermuda office has made three senior management appointments. Cordelia Davis is now partner in the insurance practice, and Kerr Kennedy was promoted to executive director in EY’s technology practice. In addition, Steven Napier has joined EY’s T...

Catastrophe losses from hurricanes Harvey, Irma and Maria, and the Mexico City earthquake, weighed on Everest Re Group’s third-quarter earnings. The company reported a pretax loss of $904 million. While the net loss after tax was $639.4 million, or $...

BF&M Ltd shares slipped 70 cents, or 3.7 per cent, to $18.30 after 800 were traded on The Royal Gazette/BSX Index. Also lower on the day were shares of Bermuda Press (Holdings) Ltd, publisher of The Royal Gazette, which dropped by five cents, or 0.8 ...

Bermudian-based Markel CatCo Investment Management Ltd has raised more than $1.8 billion for its private fund from existing and new investors — and next month it intends to raise more new capital. The island-based company with a focus on collateralis...

Dwayne “Streaker” Adams, a former goalkeeper for the Bermuda national football team, has opened a Soca spin studio on St John’s Road. Mr Adams’ passion for spinning came from managing the gym at Ace Ltd, the company today known as Chubb. He realised...

Hiscox Re’s insurance-linked securities arm has added a new portfolio manager to its Bermudian-based ILS investment team. Aaron Garcia moved to the company from London re/insurer Novae Group, where he spent five years as an international property tre...

One Communications said today that all of its standard internet customers have been automatically upgraded to the company’s new high-speed FibreWire internet plans. The free upgrade, involving no service call to the home for the majority of customers...

Blue Capital Reinsurance Holdings Ltd said its book value fell 28 per cent during the third quarter. The plunge was driven by a $51.9 million net loss for the collateralised reinsurer, driven by hefty catastrophe losses. The reinsurer is managed by ...

What’s driving the stock-market rally? How you answer that question determines if you are a bull or a bear. I have been thinking about this for some time. Regular readers know I am in the bull column, and have been for some time — but only up to a po...