Log In

American International Group yesterday said its chief executive officer is to step down — and one Wall Street analyst suggested that Bermudian insurance veteran Brian Duperreault could be on the shortlist of candidates to take over. Peter Hancock wil...

High demand for the first international debt issuance by Bermudian-based Qatar Re saw its perpetual Tier 2 notes oversubscribed 14 times. The reinsurer successfully placed $450 million of the notes. The issue had attracted more than 290 orders for mo...

Global insurance rates moderated throughout last year, with four consecutive quarters where the rate of decline decreased. The Marsh Global Insurance Market Index is a benchmark of commercial insurance premium rate change at renewal representing the ...

A luxury private jet operator is banking on soaring interest in flights to Bermuda. New Hampshire-based PlaneSense said it had received a lot of enquiries from wealthy customers keen to use its fractional ownership jet fleet to get to the island. Dav...

The Marcus’ restaurant at the Hamilton Princess reopened its doors yesterday after a February makeover. The wall behind the bar has been removed, opening up views over Hamilton harbour and new lunch and dinner menus have been created. Allan Federer, ...

Bermuda continues to be the world leader in the insurance-linked securities market — but new issuance of ILS fell for a second successive year in 2016. The Bermuda ILS Market Report, published quarterly by the Bermuda Monetary Authority, showed that ...

A new restaurant at the luxury Loren hotel is to open tonight. The Marée at the Tucker’s Town resort is the fine dining option at the resort, backed by the more casual Pink Beach Club. A spokeswoman for the hotel said that the restaurant would offer ...

The Royal Gazette/BSX Index closed unchanged on a day of no trading activity on the Bermuda Stock Exchange. While Butterfield Bank remained unchanged at $33.75 on the BSX, the banks US-listed shares fell 47 cents, or 1.4 per cent, to close on $33 on ...

It is hoped that a wide cross section of Bermuda residents will consider listing a short-term or vacation rental through the Airbnb online site. This follows the signing of an agreement between the Bermuda Tourism Authority and Airbnb, designed to pr...

Professional services firm KPMG yesterday announced a new partnership level spokesman for its drive to promote women in the workplace. Will McCallum, the managing director lead for the firm’s K-Women committee, replaces Richard Lightowler, who recent...