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John Whiley has been appointed chief compliance officer of Markel Catco Investment Management Ltd. In a statement, the company said Mr Whiley, who was previously involved in supporting, as a service provider, the launch of more than 40 per cent of Be...

US tax reform has become much more likely after the Republicans won control of all three arms of government in Tuesday’s elections — and that could have consequences for Bermuda’s international business sector. That was one of the early takes from th...

The shock election of Donald Trump as US President could be a boost for Bermuda’s real estate sector. One island real estate firm alone fielded a total of eight inquiries from US citizens yesterday in the wake of the polarising election of Trump to A...

When the Bermuda Development Agency leads a group to Toronto on November 22, it will be the third roadshow the agency has held in the region this year. And it will be a further testament to the collaborative approach that has served the BDA well as ...

A new store dedicated to leisure clothing brand Vineyard Vines has exceeded expectations, owners A.S. Cooper & Sons said. Somers Cooper, managing director of A.S. Cooper, said the store, which joins 100 across the US, is Vineyard Vines’s first overse...

Utilities firm Ascendant Group rose 48 cents to $6.98 on The Royal Gazette/BSX Index yesterday. The increase, equal to 7.4 per cent, came after 79,700 shares traded. Bank of Butterfield dropped $1, or 3.8 per cent, to $25 after 1,100 shares changed h...

Butterfield Bank is to redeem all of its 8 per cent Government Guarantees Preference Shares. The shares were issued in June 2009, giving the bank a $200 million injection as it recapitalised following the impact of the global financial crisis the pre...

Wearable gadgets alerting workers they are in danger of causing themselves long-term physical harm, and driverless cars erasing the need for $20 billion of insurance, are among likely impacts on the insurance sector from advancing technology. A glimp...

Britain’s impending departure from the European Union will be good for Bermuda’s reinsurance industry, according to the man at the helm of one of the sector’s leading companies. Kevin O’Donnell, chief executive officer of RenaissanceRe Holdings Ltd, ...

The reinsurance industry needs to play more than just lip service to diversity, a panel warned an industry conference yesterday. And speakers said that the business needed to mobilise and motivate underrepresented groups to ensure it stays relevant a...