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James Fraser is to replace Mark Wilcox as chief accounting officer at RenaissanceRe Holdings. After 13 years with the company, Mr Wilcox is to return to the US to pursue an opportunity outside of RenRe. His successor, Mr Fraser, will take on responsi...

An internship programme for Bermudians has been launched by Aecon Group, a partner in the proposed redevelopment of LF Wade International Airport. As part of the airport redevelopment project, seven internships will be offered to local graduates. The...

Insurance giants Chubb Ltd reported record operating income for the third quarter of $1.356 billion. The figure is equivalent to $2.88 per share and is up by more than 51 per cent from the $897 million, or $2.74 per share, for the same period last ye...

It might sound like heresy — but a public speaking expert said yesterday that public talks should not start with the traditional Bermudian “good morning”. Jan Fraser, owner of Jan Fraser Business Training, said: “It’s a wonderful thing, but when I fi...

Be prepared for a period of stagflation in the US, a Wall Street veteran warned an audience of asset management professionals in Southampton yesterday. Joesph McAlinden said inflationary pressures in the US are building up and this is likely to lead ...

Butterfield Bank shares slipped 0.2 per cent today, as the bank dominated trading on the Bermuda Stock Exchange. The bank closed at $25.10, down 5 cents, as 25,930 shares traded, the day after it announced a $24 million third-quarter profit. Butterfi...

XL Group Ltd announced a string of senior role changes in connection with what the insurer called a “planned realignment” of its property and casualty operating model, all of which will be effective January 1, 2017. Paul Brand, currently the chief un...

NEW YORK (Bloomberg) — Mitsui & Co, Japan’s second-biggest trading house, agreed to purchase a 15 per cent stake in New Ocean Capital, the asset manager that was founded by XL Group Ltd and Stone Point Capital to make insurance-related bets. Mitsui a...

Market stall holders are to get a lesson in how to inject some New York pizazz into their businesses. Bermuda Economic Development Corporation staff Raymond Lambert and William Spriggs aim to pass on the lessons learnt at an international conference ...

Motive. Before you can make progress and move ahead you need to have a motive. Your motives are what make you act in a certain way or act on certain things. It takes motive to move to gain motivation and then develop the series of steps and actions...