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Investment management firm Markel CatCo has announced two promotions. Alissa Fredericks has become chief risk officer after joining the company a year ago as a senior actuary. And Simon Moore has been appointed co-chief underwriting officer, alongsid...

Public consultations were today launched over the future of electricity supply on the island. The Regulatory Authority said the public consultations were a “an important and key opportunity” for business and individuals to provide their views on the ...

Island-based insurer Enstar Group Ltd’s first-quarter earnings rose by more than 20 per cent. The company posted net income of $54.7 million, or $2.80 per share, compared to $45.5 million, or $2.35 per share in the January-to-March period last year. ...

Island-based oil tanker operator Nordic American Tankers Ltd this morning reported a first-quarter loss of $3.4 million, after reporting a profit in the same period a year earlier. On a per-share basis, the company said it had a loss of 3 cents. Loss...

A team of industry experts, led by the Bermuda Business Development Agency, heads to Vancouver and Toronto this week to raise awareness about the value of captive insurance to Canadian corporations. The team visits Vancouver, BC, on Monday and Tuesda...

Dear Dave, I’d like to get involved in real estate investing, but I don’t have a lot of cash at present. What do you think of the idea of crowdfunding as a way to invest in real estate? — Adam Dear Adam, I’ve got a bunch of real estate, and I love i...

The insurance industry is one major loss event away from a crisis, a company CEO has warned. Alex Maloney, CEO of Lancashire Holdings, said the current regime of tight margins was “unsustainable” and a catastrophe could change the dynamics of the mar...

Lloyd’s of London insurer Neon is celebrating its first year in Bermuda. Chris Fisher, the chief executive officer, started the firm with just one other staff member. It now has a staff of six, with plans to recruit another. Mr Fisher hopes to grow t...

British Airways marked 80 years of service to the island with a glitzy reception at the Hamilton Princess last night. And the airline marked the occasion by announcing a limited-time 20 per cent discount on fares for Bermuda-London flights. Michael D...

Organisers are hoping to attract a record attendance to this year’s Bermuda Captive Conference in September. The event is normally held in June, but has been moved to September due to the island’s hosting of the America’s Cup throughout June. Last ye...