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Bermuda’s financial watchdog has added the KA Trading Corporation to its warning list of unauthorised firms. The Bermuda Monetary Authority said KA had been offering its services as an investment business via a Facebook page. “The public should be aw...

Michael Dunkley will become the first Premier of Bermuda to speak at a session of the insurance industry’s largest annual conference next month. Mr Dunkley will speak about Bermuda’s historic US ties and the island’s global economic impact as part of...

BlackRock, the world’s largest money manager, recently asked a group of Americans in defined-contribution plans, how they’re fixed for retirement. Most said they’re on track to kick back in comfort. Are they crazy? If they are, so are some of the equ...

A new Mr Chicken fast food restaurant yesterday opened up in St George’s. The fourth in the long-established chain is on the Olde Towne’s Mullet Bay Road. It joins existing restaurants in Hamilton, Devonshire and Heron Bay in Southampton. The new sto...

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 ...