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Bermudian insurance-linked securities group Horseshoe has yesterday sponsored at $20 million insurance-linked security, listed on the Bermuda Stock Exchange. The listing is issued by Eclipse Re, a new company designed to bring turnkey reinsurance ILS...

A Bermudian business consultancy is on a rollercoaster ride to success with a new venture. Regent Consulting has launched Regent XD Virtual Reality Cinema in Hamilton’s Washington Mall, featuring lifelike VR thrills. Tee Ogunyemi, managing director o...

Watlington Water soared more than 34 per cent on extraordinarily high volume in Bermuda Stock Exchange trading today. The utility gained $7 to close on $27.50 after 75,000 shares traded for more than $2.06 million. On the New York Stock Exchange the ...

Rate reductions are slowing in the reinsurance market, a report by Willis Re said yesterday. The international reinsurance advisory firm, part of Willis Towers Watson, added that the changes came as managers face “the buffers of tighter regulation, b...

Unique. Each one of us is unique and it is essential that all of us strive to be as good as we can be for our families, friends, and community. One key is identifying what you are really good at and developing that skill to a level that makes your s...

Bermuda Aviation Services Group chief executive Ian Cook is to head a charity aimed at helping young Bermudians towards a career in IT. Mr Cook has taken over as chairman of the board at the Technology Leadership Forum. Mr Cook said: “The charity’s m...

Lloyd’s of London has fined Amlin Underwriting Ltd £630,000 ($786,600) for breaches of the Lloyd’s Premium Trust Deed (PTD) and for failings in its response to those breaches. Following a restructure of the Amlin group in 2014, which AUL is part of a...

Reinsurance company PartnerRe has completed its takeover of North American life reinsurance firm Aurigen Capital in a $286 million deal. PartnerRe, first announced the acquisition last year. PartnerRe chief executive officer Emmanuel Clarke said: “We...

Bermuda Paint is still making a splash — after notching up a staggering 60 years in the business. But Richard Moulder, general manager of Bermuda Paint, said: “We have our loyal customers and talented employees to thank for reaching this milestone an...

Stephen Catlin, one of the Bermuda insurance industry’s best known leaders, is to retire at the end of this year from XL Catlin, the company announced today. Mr Catlin, who is the Bermudian-based insurer’s executive deputy chairman, has notified XL t...